The small business sector possesses many opportunities to go digital. Yet it can seem daunting to many businesses. ‘Digitalisation’ seems like a major overbearing pressure that businesses might not think they can afford. It’s something that only large companies can foray into.
This isn’t true. In fact, small businesses need to go digital to deliver continued success and accommodate customer needs. Here’s why.
The need for digitalisation in small business
Small businesses need digitalisation – not only in the way they deliver projects, but also in the way that they do work. Especially with the culture of remote work, digital offices are becoming a necessity.
Whether it’s Zoom, Skype or another conference software, many companies have been forced to implement these in their businesses to communicate. There is also messaging software, such as Slack and Teams, that is changing the way we communicate with our workmates.
According to Xero Managing Director Trent Inness, small business owners could save up to 10 or 11 hours a week by having technology deal with manual paperwork. Digitalisation frees up time for business owners to dedicate elsewhere.
How businesses can go digital
Digitalization doesn’t have to be as complicated as many business owners think. Instead, it can merely mean downloading an app or using technology on your smartphone, tablet, or laptop.
You don’t necessarily need an in-house team to digitalize your business. You can do it by outsourcing or by implementing in-house platforms. This enables businesses to embrace digitalization without compromising current cashflow.
This has been important now more than ever during the COVID-19 pandemic. Businesses that previously relied on an in-person experience have now been forced to go online. Some companies have taken advantage of this. Others haven’t and have in turn suffered for it, as they’re left behind by the industry.
Blockhead Technologies is helping businesses big and small digitize through our blockchain-backed platform STAMP. You can find out more about STAMP here or contact us here for more information or a demo.