Businesses involve a lot of responsibility and stress. As a business owner, you are responsible for the well-being of your employees, customers, and shareholders. You also must cope with tight deadlines, constant changes in the marketplace, and ever-changing technology.
Fortunately, there are some things you can do to manage stress in your business life. One of the most effective is to use technology to your advantage. According to Moore’s Law, the exponential progression of technology has and will continue to make life easier for business owners. Here are some ways you can use technology to your advantage and prevent stress in your business life:
Hire a Virtual Assistant
If you’re struggling to keep up with the day-to-day tasks of running a business, consider hiring a virtual assistant. In an estimate by Global Workplace Analytics, an employer can typically save up to $11,000 per halftime by hiring a virtual assistant.
A virtual assistant can handle tasks like answering customer inquiries, scheduling appointments, and managing your social media accounts. These services will free up your time to focus on more critical tasks.
Many entrepreneurs think they can’t afford a virtual assistant, but many services offer affordable rates.
For example, Fiverr is a popular online marketplace where you can find virtual assistants for as little as $5 per task. For a more comprehensive solution, you can hire a virtual assistant directly through companies like Zirtual, which could cost $399 per month.
Either way, hiring a virtual assistant is a great strategy to use technology to your advantage and lighten your workload. Thus, providing you more opportunities to practice self-care and prevent stress in your business life.
Invest in Automation
Several software programs can automate various tasks in your business. For example, you can use an invoicing program like FreshBooks to automatically send invoices and track payments. It is a great way to save time and avoid the headache of manually sending invoices and following up with clients.
Other examples of business automation software include:
- Social media management tools like Hootsuite, can help you schedule and publish content on social media
- Customer Relationships Management (CRM) software like Salesforce, can help you keep track of your sales pipeline and customer interactions
- Accounting software like QuickBooks, which can automate bookkeeping tasks
By automating these tasks, you can eliminate unnecessary steps in your workflow. Doing so will give you more time to focus on revenue-generating activities and grow your company.
Outsource Data Entry
Data plays a crucial role in every business. However, manually inputting data is time-consuming and often inaccurate. This part is why you need to outsource data entry.
Many reputable companies offer data entry services. These companies have a team of experts who can quickly and accurately input your data into the appropriate software program. As a result, you can work on your other responsibilities while ensuring that your data is reliable.
Although it might sound like a significant expense, outsourcing data entry can save you time and money in the long run. That’s because you can avoid the cost of training your employees to do it correctly and the lost productivity from them making mistakes. Besides, this path will allow you to focus on your core business functions and leave the data entry to someone else.
Get Real-time Notifications
With so much going on, it can be challenging to keep track of everything. And if you’re constantly checking your email and social media accounts, you’re wasting valuable time that you could spend on other tasks.
Instead of manually checking these channels, take advantage of real-time notifications. This way, you can receive alerts as soon as something important happens. For example, you can set up email notifications to alert you when a new message arrives. Or you can enable push notifications for your social media accounts so that you can see recent activity as it happens.
You don’t have to waste time checking your channels manually with real-time notifications. Instead, you can leave the responsibility to the channel itself and stay confident that you won’t miss anything important.
While it might seem like a small change, it can significantly impact your productivity. There’s no doubt that technology has revolutionized the business world. Taking advantage of these tools can free up your time, reduce stress, and improve your bottom line. So don’t be afraid to use technology in business management.
It could be the key to your success. Implementing the above tips will help you eliminate stress in your business life and give you more opportunities to succeed. With technology on your side, you can achieve your business goals.