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Adopting the Changing World in Your Business

Telegraph
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Today, technology has changed the way we do business, whatever business you are in. You don’t need to be an IT business but you are sure to be affected one way or another. The best way to keep up with the ‘trend’ is to open yourselves up, explore and learn about the new soft tools that are available, and find out what can be beneficial to you and your business.

Change is hard, but sometimes it is necessary, especially in today’s ever-changing world – it keeps your business moving forward.

How does a small business keep in touch with what is happening but at the same time stay focused on their business?

iPhoneThe good news is, as a small business owner, you have a bigger advantage over a large company. Unlike a large corporation, you can make changes quickly, if needed, and you can “test out” a change without committing a lot of time and money. This gives you, what some have called, an “agility advantage”.

Here are some tips from business experts:

Networking: Keep in touch with what is happening around you by talking with others in similar circumstances. Make sure you set aside some time each month to talk with other business owners, either informally or as part of a networking association.

Set Objectives: Pick out some areas that you have the most challenges with, that will help you and your business move forward. Make a list of actions that will assist you in achieving your goals. Be prepared to adjust through the year but keep moving forward.

Try Out & Get Help: Test new software and equipment before you buy. Make sure it is right for you. If you don’t immediately find it easy to use, it probably isn’t right for you. Get help from experts through training, online video tutorials – especially on You Tube where you can find discussions on almost any subject. This is just one thing we can all benefit from in the new world of technology.

Stay on Top: Subscribe to reputable publications and online sources so you keep ahead of trends and ideas. Make sure these are suitable for the smaller entrepreneur.

Here are a few examples of new technology to be considered:

  • Mobile Devices
  • Automation
  • eCommerce
  • QR Scan/Bar codes
  • Centralized data storage (i.e. Cloud)
  • Smart Watches
  • 3-D Printing

Some benefits to adopting new technology:

  • Productivity
  • Collaboration
  • Interaction and participation
  • Cost management
  • Efficiency and optimization