Blog » Business Technology

Business technology in small businesses can mean a lot of different things and can be interpreted in many different ways. But it will always come down to the same thing - the technology implemented and used by a business must provide the maximum amount of efficiency for the minimum amount of cost and maintenance.

Technology in business must be well planned and implemented in a sensible manner and a pan for technology management must be developed and adhered to. This may mean moving more of your business systems onto the internet to increase the mobility of your business, of identifying and investing in new systems which will do the same job but in a more efficient manner.

How Can the Internet Help My Business?

If you are looking to save money for your business, the internet is an excellent place to start. If your business includes a small call centre to provide customer service, you could save a lot of money in the long run by investing in changing the phone system to an IP telephony system. This would mean that rather than incurring massive phone bills using normal phones, all calls would be routed over the internet and customers would be able to call in using a normal local telephone number.

It is much cheaper to call someone through the internet than through a standard phone line and the savings you would make here would more than cover the cost of implementing such a system.

You would need to ensure that your business’ internet connection is powerful enough to manage this of course. If there is not enough bandwidth to accommodate all of the calls being made, the sound quality can suffer. As long as both parties can hear what the other is saying, this does not have to be too much of an issue – making allowances for this would need to be part of your business’ strategy for technology management.

What about My People in the Field?

If you have a large team of sales reps in the field, the savings which you could enjoy through the implementation of internet based telephony can be carried on to this side of your business as well. Nowadays, there are many, mobile phones available which are capable of making calls over the internet using the 3G network. This would mean a possible upgrade of your corporate mobile phone contract and possible some retraining for your staff – but ultimately it would save you money on phone bills.

How do I Know that My Company is Now More Efficient?

Technology in business also encompasses the assessment and monitoring of work performed by the employees. With modern networking and targeted technology management, it would be possible to not only make your company run more efficiently for less money, but also allowing you to keep an eye on exactly what is going on in real-time.

There are many products available which will allow you to monitor your employees’ statistics – be it the amount of time they are spending on each call or the amount of time they take to finishing each file before they are able to move onto the next one. Through this, you would be able to address any possible issues which may arise and discuss them with the employee.

Business technology should broaden the horizons. You should be able to do more for spending less. Something as simple as making phone calls cheaper or something as involved as indentifying areas of concern in an employees performance and having more information which can be used to develop strategies for the employee to avoid this.

Business Plan Template

It is easy to find the business plan templates you need for your own business or to your students if you are an educator.

Here are some business plan templates steps to startup a business:

Business plan templates

  • Business plan template - in Word
  • Mini-business-plan – in Word
  • Social enterprise business plan template

Budget templates in excel

  • Establishing budget - in excel
  • Operating budget - in excel
  • Cash flow budget - in excel
  • Calculate needed sales - in excel

Business plan examples in pdf

  • MoogTech – an IT company - PDF
  • Thomsens Sports Cafe - PDF
  • Pixel and Bits - a graphic designer - PDF

Marketing Plan

  • Marketing plan - in Word