Solo Entrepreneurs Can Utilize These Resources to Run Their Business

05 April 2021

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Solo Entrepreneurs Can Utilize These Resources to Run Their Business

Running a business is a lot of work, whether you have several employees or are handling things yourself. The good news is, solo entrepreneurs have many options these days for finding help, including freelancers and free online resources. In fact, Tudip can do everything from enabling cloud-based services for your business to developing a stellar web experience with your clients in mind. When you’re running everything on your own, it’s sometimes necessary to take a step back and ask for some outside help.

Outsource some jobs

There are many tasks that can be handled by freelancers, and an easy and cost-effective way to hire them out is to look at overseas pros. It’s important, however, to consider the costs associated with paying these individuals. The fees associated with sending money to countries like the Philippines, India or Pakistan can really add up over time, so look for a transfer service that’s both reliable and offers low fees to send funds. For example, a platform like Remitly ensures safe transfers and waives fees if you send $1,000 or more and convert to Philippine currency.

Note that it’s also imperative to understand the tax laws and what your responsibilities are to the IRS, especially when it comes to the way you classify overseas freelancers on tax forms.

Utilize tech

Many solo entrepreneurs don’t realize how many budget-friendly online resources are at their fingertips, but these days, technology has made it easier than ever to run a business on your own. Google offers several apps and tools that will help you get organized and streamline the way you do business: Analytics allows you to stay on top of your web traffic and find out more about your visitors and what they’re looking for, while G Suite offers several resources for communication, getting projects done, and keeping up with deadlines. The more you can integrate free and low-cost applications and other tech into your daily tasks, the easier it will be for you to run things stress-free.

Promoting your business on social media is essential, but it can also be pretty time-consuming if you have accounts on several different platforms. Utilizing a service that will pre-schedule posts

Keep track of social media

for you is an easy way to keep track of your promotions while scheduling ads and setting a limit for spending will allow you to stay on budget. If possible, use a single business email (with different passwords) for all of your social accounts — this will make it much easier to stay on top of posts and notifications, as well as potential security issues. Customize your accounts as much as possible by choosing how and when customers can get in touch with you.

Create an app

These days, it’s a good idea for business owners to look for ways to make finding and accessing their services and products as easy as possible. Customers typically want a way to shop online or to connect via an app, so consider creating one for your business that is easy to navigate and provides a fast, informative alternative to your website when clients are on the go. When you’re ready to think about a strategy and formulate a design, consult with Tudip on how to get started. Whether you want something simple or an app that integrates with your inventory and allows for sales, it’s crucial to hit the right note.

Solo entrepreneurs often have a lot on their plates, but with advances in tech and a wider range of availability, there’s no reason to tackle every aspect of your business yourself. Utilize online tools and look for professionals who can help you along the way so you can focus on the big picture and maintain success. Get in touch with Tudip today.