As a start-up business, you’re immediately behind your competitors who are established in the market and, as a result, you’ll have to scale the mountain and better them in order to succeed. However, just because they’re established does not mean that they are better, and their weaknesses are your strengths. As a business establishes and grows, its systems tend to stagnate and inflate, meaning that the business loses a large amount of money in inefficiencies. This is to your advantage, and if you spend a large amount of time establishing a secure and streamlined system, you’ll set yourself up for a successful business plan.
As well as being environmentally unfriendly, paper processes also slow your business down, taking hundreds of man hours finding and sorting files, when all you really need is an employee to type a couple of characters on a keyboard.
By rejecting paper, your business is making a statement. It’s a 21st century business with a modern outlook that can sort problems for customers in a matter of moments.
Embrace the Technology
Technology is at the heart of any modern business, and if embraced fully it can be a key ally in helping you match and finally outwit your rivals. Whereas older and established businesses are more stuck in their ways and reliant on old and outdated systems, new businesses have the chance to invest and embrace technology without the upheaval associated with retraining all members of staff. Admittedly, in paying for technology, outlay and setup costs are larger for these businesses, but this outlay is repaid in the lack of time spent on menial tasks that the technology simply pays for.
Optimise For It
Finally, if you’re embracing the technology, then immerse your business in it and actively optimise your business for it. This should include a website, an app and all internal communications services.
For many entrepreneurs, this is a daunting thought, particularly if they do not have a background in technology. However, the design and construction of these, if well planned, can go without a hitch, and there’s no reason why it should have to cost a fortune either. If you have no experience whatsoever, you can just appoint an expert like Evolve so that you can focus almost entirely on day-to-day business matters.
So, there you have it, technology is the future and you certainly need to optimise for it rather than relying only on paper. So optimise your start-up today.