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By miguel-ingles
- In Uncategorized
Some developers have made various software programs in recent years to facilitate directors the management of their companies in multiple areas. In this article I will explain the best tools for entrepreneurs in the UK.
Why are Tools so Important for Entrepreneurs in the UK?
Managing the day to day of a business, but especially its constitution process can be complex. However, there are now multiple IT resources that allow the directors of corporations to simplify and speed up the tasks and, in some cases, automate them.
The tools for entrepreneurs cover several sectors. From project management, marketing or accounting to networking and staff training software, in addition to programs to carry out SWOT analysis or customer data management.
The following paragraphs explain what some of the most useful types of digital resources for entrepreneurs consist of and provide several examples of software of each type.
The Best Accounting Tools for Entrepreneurs in the UK
An accounting software is a program that records the daily financial movements of a business. Therefore, the administrators will control the assets and liabilities, income and expenses of a company. This allows directors, administrators and treasurers to check in real time the economic evolution of their enterprise. Additionally, several functions of a business are unified in the same application. These are: accounting, financial planning, supply chains or inventory and purchases management.
When choosing an accounting program, you should consider a number of factors. Firstly, it should be easy to use even by people with basic accounting knowledge and should allow quick access to the business accounts. Secondly, it is important that the program allows the automation of certain tasks, such as the creation of invoices or the payment of employees’ payrolls. At last, it is essential that it can generate accounting reports about the financial health of the company.
The best options for accounting tools for entrepreneurs are Sage 50 Accounting, Intuit Quickbooks and Wave.
The Best Tools for Creating E-Commerce in the UK
In recent years, there has been a boom in digital commerce. This economic activity can bring great benefits to directors and shareholders of both large and small companies. The first step would be to create a website for the shop. To do so, there are several e-commerce builders available, such as WooCommerce or Shopify. Each one has its own characteristics and functionalities.
In addition, to publicise the enterprise and the products and services it offers, it will be necessary to carry out marketing campaigns. In this case, the choice of tools will depend on the type of advertising plan that the business will perform. For example, for email marketing campaigns, you may use programs such as Mailchimp or brevo. However, if you choose to apply SEM (Search Engine Marketing) strategies, you will employ software such as SEMRush.
Other Types of Tools for Entrepreneurs in the UK
Project Management Software
These types of resources allow a manager to organise, coordinate and follow the tasks that each member of a work team is doing. Therefore, they are particularlly valuable for big companies that have multiple work groups.
The most commonly used programs are Asana or Jira. However, there are also specific alternatives in certain professional areas. For example, in the translation field, they normally use LSP.expert.
Data Management Programs
Nowadays, information is a key for a company’s success. Depending on their user’s purchase habits, their engagement into a specific part of the webpage, or the measurements about how an ad campaign has worked, an enterprise may take different actions.
This type of resources facilitates the management of large amounts of data and offers automated analysis of them. One of these programs is Google Analytics.
In ukstartcompany, you will find information about how to establish, register and operate companies with different legal structures and business activities in the UK.