If there is one overarching aim of technology it is to make our lives that little bit easier. It could be that it helps maximize your productivity, or gives you that extra ease when organizing, or improve communications. It is all about getting that competitive edge in business, and the tech choices you make as an entrepreneur can have a huge impact on your growth and success. It is one of the things so many business newbies either forget or struggle with, which is because the toughest part is knowing what tech to choose.
Technology evolves quicker than Pokemon these days. That is why we have come up with a tips, tricks and neat bits of advice to help you make the right choice when going tech shopping for your startup.
Always Start With Analysis
Conducting an analysis of what tech you have compared with what tech you need is the most important stage when getting your choices right. If you already have a fair amount of tech, it could be worth labeling it as good, bad or needs improvement. If, however, you are completely new to all of this and are starting with an empty office, then a technology needs assessment can help you better prioritize. Just remember to consider your operations and then break it down into more common areas like HR, accounting, order taking, tracking, communications and database management.
Go With Need Not Want
When you are starting out as an entrepreneur, money is usually tight, and that is why it is so important you choose tech that your business needs, not the tech that you want. Yes, most businesses need computers and a phone system to get up and running, but tailored tech may be required. If you are starting a business where you use spa equipment or water purification tools, then a non contact level sensor for plastic container may improve your operations. If you, or your employees, are constantly on the go then for whatever reason then you may want to invest in tech that meets this need, such as a tablet and conferencing software. Whatever is going to make your business run smoother.
You Don’t Have To Buy
Like we mentioned above, technology very quickly becomes archaic in this day and age, which isn’t ideal because technology can also be extremely expensive. That is why it could be worth leasing tech to start with. It will certainly counteract any risk of your investment becoming redundant before next Tuesday. Leasing will also allow you to stay up to date with the latest tech, meaning you always have the most sophisticated equipment to help you thrive and not just survive. Just make sure you aren’t paying over the odds. Yes, you may be paying more in the long run, but most entrepreneurs will prefer this over forking out a lump sum, to begin with.
Never Forget Training
We’ve established that buying (or leasing) tech can be rather expensive, so the last thing you will want is to have this investment fall flat on its face because you and your staff don’t know how to use it to full effect. Tech can only be as proficient as those who are operating it, whether that is a flash new coffee machine for your startup cafe or a POS system designed to save time. So don’t forget to have a little bit of cash in reserve to develop an ongoing training course. It could be just for you, it could be for a team of fifty, either way, it will help you get the most out of your investment.