Top 5 Business Tools Worth the Money

Top 5 Business Tools Worth the Money

Best Business Tools

Running a business can be quite a demanding job. It takes the right tools to be able to get things done quickly and properly. Many Business Tools are available to help the entrepreneur manage his business better. Some of these tools are free while others have to be paid for.

Lots of new entrepreneurs will of course use free tools but seasoned business owners know the importance of using paid services. Following are the top 5 of such paid tools.

Top 5 Business Tools Worth the Money

Top 5 Business Tools Worth the Money

1. Shopify

Shopify is a turn-key solution for businesses to sell products online. Its integrates everything a business needs, except the products, in an easy to understand and use manner.

This Business Tools comes with over 100 store-front templates, is fast and secure, and has all the tools one could ever need to create and manage an online store. It even includes an App Store to allow users to purchase custom made software from external developers.

Its Basic plans start at $29 per month, although there is a Lite Plan, which costs $9 per month, but it offers just a Buy-Button that can be integrated on other websites.

Shopify Plans

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Cash Flow

4 Ways to Manage Cash Flow and Grow a Business

4 Ways to Manage Cash Flow and Grow a Business

4 Ways to Manage Cash Flow and Grow a Business

Cash flow is a major concern, in any business undertaking. A successful business is measured by among other factors, how cash flow is managed. This entails the flow of cash into and out of business. Therefore there’s every need to encourage those who owe you money to pay up soonest possible, whereas you could hold onto any cash you get at least until the agreed time to ensure the efficient running of your business. Encouraging clients to pay in cash and easing the way you transact with them will also serve to increase the flow of cash into your business.

Four ways to manage cash flow

1. Managing Payables

Suppliers are a crucial part of your business; they provide the items with which you use to transact and more so offer credit to you. Negotiate good credit terms and be sure to adhere to them, this will enhance your relationship with suppliers making carrying out business with them quite efficient. However, here are some key points to enhance payables management;

  • Take advantage of the credit terms. Often the credit terms run for 30 days within which you are to pay
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