Did you know that only about 50% of small businesses survive past the five-year mark according to the Small Business Administration?
It’s no wonder that small businesses want to make sure they beat the odds by keeping track of finances and not going under.
Running a small business has never been easier thanks to the latest technology. These are the essential small business software platforms you need this year.
5 Essential Small Business Software Platforms You Need in 2019
Small businesses require extra attention, focus, dedication, and unified communication, in the beginning, to ensure they thrive and not fail. Thanks to technology there are many small business software platforms that you can use to help you stay on top of your business, get ahead, and not have to close down. Small businesses have access to all sort of things online they can even use their own check stub creator to make life easier.
1. Intuit Quickbooks Online
This software platform is simple to use and they have 24/7 chat support in case you have any questions or something comes up. They have different plans for you to choose from starting from $10 per month.
You’re able to run reports, track sales, track income, track taxes and expenses all from one platform. They also have some advanced plans that allow you to manage 1099 contractors, track inventory and have the ability to run full-service payroll of you need to.
2. Zoho Books
Zoho is a cloud-based software program great for small businesses with reasonable prices starting at $9 per month. They have a simple and user-friendly interface with mobile-friendly integration so you can use it while you’re on the go.
Wave is a cloud-based software program that has a free option, a pay-per-use option, and a monthly option. Their free option allows you to track invoices and transactions. It also has a receipt scanning option that’s free.
If you need to add payroll there’s a paid option to open up those extra features. This is a great option for a small business with a few employees or freelancers.
4. Sage 50cloud
This platform is great for small to medium size businesses. Sage is able to send invoices for you, track down payments and expenses. When tax season comes around sage is able to calculate what you owe.
They don’t offer collaboration tools or time tracking so if you’re in need of those two you’ll have to look into another platform.
This platform is great if you’re in need of inventory management and pricing. It has the ability to sync with your bank and categorize bank entries. They have monthly plans available starting from $9 and you can choose the best plan for you based on how many users you will need to have access.
Thank You Technology
Technology is giving small business owners to have the resources they need at a more affordable rate. As you can see with the list above small business software options are there for you to choose from.
If you’re looking for more ways technology can help your small business check out our technology section in our blog.