Three Must Have Financial Tools To Get Your Start Up Off The Ground

Must Read

E-Commerce Industry In India Worth $13.5 Billion In 2014: Will Cross $16 Billion In 2015

According to the latest report by IAMAI and IMRB International, the eCommerce industry in India reached a value of INR 81,525...

Elon Musk’s Sudden U-Turn On His Bitcoin Endorsement Left Everyone Surprised

Tesla CEO Elon Musk is no longer keen on investing in bitcoin, which has triggered a drop in the...

Google Just Got Super Smart: Launches The Knowledge Graph

If there is one product on the Internet that has had absolutely no competition whatsoever, it is Google Search....

When you’re a startup, you have a lot on your plate. You need to impress all the right people, display a strong work ethic and begin to build yourself a decent reputation as quickly as possible. That’s a tall order – and one that causes more than half of new businesses to last less the length of a presidential term.

Let’s be honest, the biggest headache comes with money. You can have the greatest product on the planet, but if the costs spiral out of control, then you’ll sink before you get a chance to get it out to the market and cash in on your great idea.

For a startup, you want to start as you mean to carry on. Get on top of those numbers early and you’ll be fine going forward. That’s where financial tools come in: these are handy pieces of software that make your life a whole lot easier. There are lots of different ones to try, but here are three of the very best that can help with different stages as you get up and running with your brand new business.

Advertisements

Business plan – BizPlan

The first thing you need to do is get yourself a decent business plan. This document will spell out your vision and goals for your business in the short, medium and long term. This isn’t just an exercise for your own good either – it might well be necessary to persuade your bank or an investor to part with the cash you need to realise your vision. BizPlan offers a step-by-step business plan builder that is geared up especially for startups. It’s simple to construct and really comes into its own with the financial command centre – a dashboard that brings all of your key stats together in one place.

Accounts – QuickBooks

The next stage is to keep track of all the money that goes in and out of your accounts. You’ll need this to ensure the bills are paid on time and that you meet your tax obligations. QuickBooks offers a cost-effective way to ensure that your books really aren’t the big issue that they could become if you’re not careful. It offers an easy to use at-a-glance view of your money and syncs neatly with other apps, software and supplies that you might commonly use, as well as ensuring that you can provide voucher checks when running a safe and secure payroll.

Project management – Asana

Proper management is the key to keeping on top of your costs once you’re up and running. If you constantly deliver tasks late and over-budget, then your bottom line is not going to make for good reading. Yet many startups might feel that project management software isn’t really for them. That’s where Asana could come in. It does all of the things that you’d expect from a project management portal – creating tasks, setting and tracking deadlines, discussing progress with tasks – while also being integrated with Dropbox and Google Drive and, best of all, is free for up to 15 users. Snap it up and run a smooth ship with your startup.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Google Shakes Hand With Samsung With An Aim To Dominate Wearable Industry

Google and Samsung partnership is turning heads as it brings a lot many major changes to Wear OS. Looks like...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded and unparalleled...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter, with a...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the...

More Articles Like This