This post may contain affiliate links that help Mike keep the posts coming but cost you zero extra. Please see my disclosure page for more details.
When you start your own business, it’s important to have the right tools to help push your company into a new period of growth. With that said, you might feel a bit overwhelmed trying to determine what tools are best. But we’ve got your back. Below, we’ve compiled a list of helpful and affordable tools you might want to consider for your business. Keep reading to learn more.
4 Budget-Friendly Tools Every Startup Can Afford
One of the biggest challenges for startups is hiring and scaling their workforce. After all, you can’t do everything yourself or force a large workload on a small team. If you and your employees feel burned out or you’re forecasting serious burnout in the near future, it’s time to look for additional help.
However, hiring is in itself a very labor-intensive and time-intensive process. So, how can you streamline the recruiting process? Well, if you don’t have a dedicated recruiting team, you can take matters into your own hands with recruiting software.
Recruiting software such as Lever.co, for example, can help you keep track of applicants, schedule interviews, and maintain a line of communication with candidates. You can easily send emails and stay organized so that the hiring process is less of a drain on you and your team’s resources.
Other recruiting software like Jobvite have resources to help with successful hires and training. This means that you can quickly onboard new workers and get them up and running within the company faster.
Automatic Payroll Software
One thing that can quickly tank your employees’ opinion of you and your company is when paychecks aren’t given out on time. Automated payroll lets you process all of your payroll through a computer system. Why opt for automated payroll? Because doing payroll manually takes forever and is more prone to error.
Here are just a few of the tasks a payroll manager or business owner might need to do:
New Hire Tasks
- Establish pay schedule
- Withholdings information
- Bank information for direct deposit
- Benefit deductions
Working Hours Calculations
- Submit payroll
- Give out pay stubs and checks
- Run payroll corrections
- Alter hours for PTO and holiday
- Alter pay for overtime and garnishments
- Federal, state, and local tax filing
- Employee tax form filing and distribution
- Payroll reports
- Open enrollment benefit changes
- Worker’s compensation
These tasks can take hours upon hours of time. And while an automated payroll system might not be able to do everything on your to-do list, it can speed up your tasks significantly, giving you time to do other important things.
High-Quality Office Supplies
Believe it or not, high-quality office supplies can sometimes make or break your business. Perhaps you need laser printers that have high printing capacities. Or, maybe your office requires advanced computers that can handle 4D video editing. Whatever the case, it’s important to spend time researching what supplies are best. Even if you have to spend more money on supplies in the beginning, it can actually be cheaper in the long run since you don’t have to replace high-quality items as quickly as low-quality versions.
Project Management Software
When your startup is still trying to get off the ground, the internal processes of your company can be thrown in disarray. To make sense of your day-to-day and enhance interdepartmental communication, consider implementing project management software like Trello or Asana. Project management software enables you to track projects and keep a bird’s eye view on what’s coming down the production pipeline.
Plus, many types of project management software allow you to collaborate and communicate with other team members. This means that you can easily work as a team to create products and deliverables.
Takeaways: Building Your Business, One Step at a Time
Being a business owner is sometimes very difficult. With a million tasks on your plate, it can be hard to decide what to prioritize and what to leave for tomorrow. However, if you can leverage the power of certain tools, your day-to-day processes can be streamlines, leaving you with more time to do what you do best: run and grow your company. Quality office supplies, recruiting software, payroll systems, and project management can leave you with more time and less stress. So, what are you waiting for? It’s time to be more productive than ever!