Chapter 12
Tapping Technology
IN THIS CHAPTER
Deciding between cloud- and internal server-based storage
Ramping up your business’s efficiency by using technology and the Internet
Researching business ideas and finance options online
Most of the time, technology enables small-business owners to run their businesses more efficiently and profitably. Hence, we encourage you to keep a finger on the pulse of technology and its role in your type of business. In fact, if you fail to track and take advantage of useful technology, your business can end up getting thumped by your competition (for more on the needs of a growing business, head to Chapter 20). However, like any tool, technology can be misused or overused and become more costly than it has to be.
Using technology effectively can help you do many things for your business:
- Save you and/or your employees time.
- Stimulate ideas that can help make your business grow larger and more profitable.
- Manage your personal and business finances (think online banking and accounting software).
- Deliver advertising and marketing to targeted sectors.
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