Today's entrepreneurs have the keen advantage of supercomputers in their pockets and access to the information superhighway from anywhere. Cloud-based apps give businesses more mobility and freedom than ever before. Having these invaluable tools can contribute to a business's overall success.
If you're looking for the right apps to power your business in 2020, add these five to your list.
Online reviews have a notable impact on consumer purchasing decisions. Many consumers search for business reviews as the first step of their decision process in the modern sales funnel, as reviews are a powerful form of social proof. Furthermore, online reviews impact SEO and SERP rankings. Having more positive reviews than your competition could place you above them when a potential customer Googles recommendations.
Many entrepreneurs view online reviews as a passive form of marketing when they should be taking an active approach to managing this contact point.
RepCheckup is a powerful piece of online review software that lets you engage in social listening and multi-channel review management. It boasts a centralized system that gives you a high-level view of how people are rating your business, rather than addressing each channel individually. The alert function allows you to act quickly, mitigating negative reviews before it harms your business. With this app, you can take an active approach to review management without wasting your valuable time.
Having a strong business credit score is frequently overlooked until someone needs funding. For many entrepreneurs, this can yield a nasty surprise when they go to get approved. Monitoring your business credit report is essential to secure loans and investors, and to work with reputable vendors.
Disputebee is a credit repair app that helps you navigate your credit report and manage the dispute process. Using this app can help you file disputes quickly and effectively, taking the tedium out of the process. To use this app, you upload a recent credit report for analysis. From there, Disputebee will auto-generate properly worded letters and addresses to progress through the dispute process, which must be conducted via traditional mail.
This app is valuable for entrepreneurs who have big plans for their business and may have struggled with credit issues in the past. This is an especially valuable tool for entrepreneurs with a sole proprietorship business model, as the separation between personal and business finances can be an ongoing challenge.
Staying on top of administrative work and managing time effectively come as biggest challenges for most entrepreneurs. What seems like a small task adds up to become a stressful undertaking when pushed off to tax season. Procrastinating can have a costly impact by limiting potential claims.
QuickBooks is intuitive, easy-to-use accounting software with cloud functionality and amazing integrations so you can get benefits from this superb software at full. The Quickbooks Self Employed app, in particular, is ideal for solo entrepreneurs and small business owners who wear many hats.
This app is powered by Intuit, making it easy to use with TurboTax. It also categorizes expenses to make deductions a breeze, giving you a high-level look at how your business is performing with the click of a button. The mobile functionality allows you to scan receipts using your phone's camera so that you can maintain paperless records and bring your business into the 21st century.
Tracking time can be a nightmare for entrepreneurs. However, it’s core functionality for many businesses. Whether you’re tracking hours to bill your clients or keeping your team productive, having a robust time-tracking app is a must for modern entrepreneurs.
TMetric is an app that makes time-tracking simple and straightforward. With in-depth reporting functionality, you can create estimates, track project costs, and even forecast your profits. The user-friendly interface makes it easy to see what’s going on with different team members and even take a deep dive into your personal productivity.
The integrations make this app superior to other time trackers. You can sync TMetric with G Suites, email platforms, and various project management apps, including Asana and Trello. This app also makes billing a breeze by running the numbers for you. If you’re still wasting valuable time manually adding up your hours, it’s time for a change.
In addition to the business-centric features with TMetric, you can use this tool to conduct a time audit. If you are an entrepreneur who regularly feels like you don’t have enough time in the day to get things done, this app can help identify bottlenecks. Things like checking emails and scrolling on social media have a way of adding up over the day. Use this must-have app to stay focused and on task.
As Tyrion Lannister from HBO's Game of Thrones once said, "A mind needs books like a sword needs a whetstone." Personal and professional development is what makes good entrepreneurs great.
Libby is an app that works with public libraries around the world so that you can get access to the latest books while on the go. Having a virtual library card can save you thousands on personal and professional development resources, letting you borrow both ebooks and audiobooks. This cloud-based app allows you to sync your progress while on-the-go so that you can pick up where you left off from an alternate device.
Finding the time to read can be a challenge for busy entrepreneurs. With Libby, you can catch up by listening while you commute, or reading on your phone while taking public transit. You can place holds on books that are in high demand so that you have a continuous source of material to review. With Libby, you'll no longer have an excuse not to sharpen your mind and your skills.
These are just a few of the apps that can revolutionize your business in 2020. These tools can help you become more productive, profitable, and professional. Open your mind to the possibilities that the internet has granted you as a modern entrepreneur and use these invaluable tools as the building blocks for your success.