Starting A New Business? These Platforms Can Help Manage Your Business Better Without Any Experience

As an SME in Malaysia, it is very common to feel like larger corporations and companies are overpowering your ability to perform better. It may feel like they have the resources you lack, such as properly defined departments. Although this makes a difference, there are ways to overcome the lack of resources.

Small and medium-sized enterprises (SMEs) are essential for the growth of the global economy. They account for the majority of businesses in both developed and developing countries.

Despite their importance, SMEs often face various difficulties in managing their daily operations.

For instance, they lack access to the same resources as larger companies, such as access to capital, technology, and data. 

Although, it is not necessary for smaller companies to have a dedicated IT company in order to utilize technology to excel in their businesses.

This is because there are a lot of programs, systems and applications to help small businesses get department-specific jobs done.

For example, creating logos and banners for your business can be done using platforms such as Canva can eliminate the need for a dedicated graphic design team.

In the same way, there is a great need for any company to properly manage their resources. This is not only to ensure that the business is running smoothly, but also to quickly seize market opportunities.

There are platforms that help manage projects when the opportunity arises, such as Smartsheet that provides pre-built templates for all kinds of situations such as:

1. Expense Tracking and Reporting
2. Sales Pipeline Tracking and Reporting
3. New Employee Onboarding Template Set

Not only are the templates a benefit, Smartsheet is also fairly easy to use due to its familiar layout to most spreadsheet platforms.
Resources that are used within a business also include time, which is a very valuable asset when it comes to starting a business.

Smartsheet offers Automation features where your work will save you time, ultimately reducing costs of running the business and leaving you more resources and capital to spend on more important tasks.

Another great perk about Smartsheet is that it is highly scalable and customizable, making it easier to fit the needs of your business as it grows.

As for finding solutions that are specifically catered towards your business, we at 57Network help discover business solutions and you can contact us to find a solution your company needs.

To summarize:

1. SMEs face a lack of capital and technology
2. Platforms exist to help reduce costs
3. Smartsheet can reduce costs by eliminating redundant tasks
4. Smartsheet is a scalable platform to fit the growing needs of SMEs