Sunday, 24 June 2018

Information and commentary for the small business banking industry

Why small businessnes should be making the most of technology

27 Jul

There aren’t many small business owners who won’t welcome suggestions on how to streamline their business operations and make things like administrative tasks easier. And you can boost your relationship with your small business clients by showing them how to do this and putting them in touch with technology that best suits their business.

Technology’s really essential to business success these days, especially in such a fast-paced, media-driven, online-focused world. What you can do as a bank is demonstrate to your customers how using the right technology can put them on equal footing with their competition, and even big business.

One of the more recent trends is creating a virtual workforce. Business owners are often surprised at just how effective the work-from-home option is, especially as it dramatically cuts down on overheads. It means that businesses can employ people globally, which is especially helpful if they’re exporting. So talk to your small business customers about ditching their physical office and going virtual.

Of course, embracing mobile solutions is essential. And getting easier by the day – the smartphone has become a major factor in most business operations.

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