article thumbnail

The Key Software Tools Modern Business Owners Should Embrace In 2021

Strategy Driven

The modern business world relies on technology and with the rise in remote work , caused in part by the Coronavirus, more companies across the corporate landscape have needed to embrace innovative software solutions to stay productive and cost-efficient. Customer Relationship Management. Cloud Cost Management Solutions.

Software 113
article thumbnail

Cost-Saving Strategies Every Business Should Implement To Cut Down On Outgoings

Strategy Driven

By automating processes, you will be able to reduce your overheads, save time, and improve productivity. For example, introducing a CRM system is a great way to cut down on costs. Negotiating Better Deals With Suppliers. Another cost-saving strategy every business should consider implementing is negotiating better deals with suppliers.

Cost 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ultimate Guide to Starting Your Own Small Business

Strategy Driven

What’s my product’s USP? How will I finance my business? Focus on Your Finances. Conduct a break-even analysis to help you determine profitability, price your products and analyse data properly. CRM: Use CRM software to understand the market demographics. These answers will help you create a business plan.

article thumbnail

Critical Factors To Consider Before Scaling Up Your Business Operations

Strategy Driven

Still, it can also spell doom for you if orders begin to fall through the cracks because of poor communication, insufficient staff, or inadequate production capacity. Check your finances. You should have an in-depth understanding of your finances. Of course, this scenario is good news for every entrepreneur. Housekeeping.

article thumbnail

Customer Experience Management | N2Growth Blog

N2Growth Blog

I was recently asked the following question: “What is the difference between CRM and CEM, or is there any difference between the two?&# In a previous post I addressed the practice of Customer Relationship Management (CRM) in fairly great detail. As most of you know I am a huge fan of well conceived CRM initiatives.

Blog 304
article thumbnail

Understanding the Role of Technology in Growing Your Business

Strategy Driven

From a technology perspective, you cannot go wrong with a CRM (Customer Relationship Management) solution. Most good quality CRM systems allow for effortless lead and contact management, tracking of consumer interactions, quotes management, and email integration. Read on for the details. Human Resources. Inventory management.

article thumbnail

The Top Six Benefits of an Online MBA

Strategy Driven

You can also schedule your assignments according to your productivity. Maybe you can recommend a CRM system or an AI-driven analytics platform. What’s more, you may even develop a specialty in an area such as digital marketing or finance. Whatever works for you! Who knows?

Class 98