If you’ve been out and about in your city today, chances are you have had an interaction with a small business. Small businesses boost our economy, provide jobs on a local basis, and help create communities that foster entrepreneurship and innovation.
Small businesses need just as much help as big businesses, if not more. The same solutions that large businesses use can also be used to get small businesses off the ground and running smoothly from the first day they open their doors. Unfortunately, many small businesses do not have unlimited capital or wealthy investors. This means that their bottom line is incredibly important in the long run, and so is taking care of their employees. Small business solutions must tailor to these unique concerns.
If you are an entrepreneur or owner of a small business or startup, there are many solutions for you to utilize to make sure no detail has fallen through the cracks. To set up your small business and keep it running year after year, you want to make sure every part of your company is as efficient as possible. One way you can make this happen is through a time tracking software like ManicTime.
Areas with a strong small business economy are proven to be more stable overall than places that do not allow small businesses to grow and prosper. Small businesses are proven to create strong local and regional economies and often act as a barometer for indicating if an economy is stable or struggling. They are incredibly important for communities, built by those living and working in the area. It is essential in these communities that the businesses are utilizing the most effective small business solutions to keep their operation running smoothly.
By definition, a small business employs 500 or fewer people, but can also include the 22 million people who are self-employed in the United States today. There are over 28 million small businesses in the United States that employ nearly half of the working population. These are the people who are driving the economy as well as putting money back into it. Another job created by a small business is another individual who can give back to their community by owning or renting a home in the area, buying their groceries from a local store, and sending their kids to a nearby school. Being part of a small business is no longer a rare thing. Many of us are part of the small business movement, whether we know it or not.
Small businesses and self-employed individuals are often confronted with issues that they need to face with limited personnel and financial resources. Where a big business may be able to hire a consultant or put more employees on the task of solving the problem, a small business must come up with an innovative solution to the problem without necessarily spending more money on the issue. This is when having the correct small business solutions in place can help solve the problem with limited negative impact on the business. Coming up with innovative solutions can mean changing a few small things now that will impact your business in the long run for the better. Figuring out where these changes need to be made can be the difficult part.
ManicTime is a software application that can help with small business solutions, no matter what industry your small business works in. ManicTime is a computer-based time tracker that automatically records computer usage, websites visited, and applications accessed. Because it is not based in the cloud, the time tracker can be used both online and offline. This allows you to know where most of your valuable time is spent. Best of all, ManicTime does not store any of your data. The data is stored locally on your machine, which increases office security and protects your information from a breach or a hack.
Many small businesses and the self-employed will have other small business software applications that they use on a daily basis, and ManicTime can integrate with these applications simply and easily. You can choose what information ManicTime uses through regular reporting services, giving you the options for both automatic and manual time tracking. The software allows you to choose the metrics you would like to track so that you can see where you and your employees are spending their time, what projects are being worked on and for how long, and what resources are being used. Knowing this information helps you understand what needs to be redistributed in order to meet the real needs of your business.
Time tracking software can be used to allow small businesses to compete on a global scale. This kind of small business solution allows small business owners and independent contractors to know exactly what they are spending time on when they are at the office or doing computer-based work. Time trackers can keep you on task when you are supposed to be working on a certain project, such as payroll, or when other employees are working on a specific task. This will also solve any billing issues that may come up with a certain client. The ManicTime reports will automatically show you exactly what is happening on the computer, giving you real data to back up the changes that you want to make.
Not only that, but ManicTime can be used to monitor how much time is being spent on a certain project by a team of employees. For example, this allows you to group relevant information based on departments, such as marketing, sales, human resources, or Information Technology (IT).
Perhaps a project you thought would take a few weeks may take less time and needs less employee investment than you thought. Or you may realize that other projects may take longer or cost more than you anticipated. For small businesses, these adjustments are necessary because you do not always have a lot of financial wiggle room to absorb these mistakes. Having the right small business solutions in place will ensure that these adjustments are made before they become a threat to the business.
The internet makes it easier than ever before to connect with customers and do more of your work online. You can even hire new employees who can contribute to your business remotely. Tracking how they do their jobs and how much time they spend on certain projects can help you maintain a good working relationship with remote workers while making sure you are getting the results you are paying for. Technology makes it possible to access a global workforce as well as increase the number of potential customers your company is reaching online.
ManicTime makes it simple to take your small business exactly where you want it to go. Whether you have many employees or a few, whether they work remotely or in an office space, you can use the software available through ManicTime’s time tracker to make sure you are staying on task and target for your business goals. ManicTime’s data can even be copied into Excel for easier reporting. You can share the data that has been gathered for easier integration across all areas of your company.
Utilizing 21st-century small business solutions to improve how you run your business is the smartest way to continue maintaining a successful company. Make your life easier and ensure the success of your small business by integrating as many small business solutions as you can. Software applications like ManicTime can drastically improve the operational efficiency of your company. For more information about ManicTime and how it can improve your business in the long run, contact one of our helpful representatives today.