As the saying goes “A big business starts small”. A smart businessman is the one who does it all but in an efficient manner. He uses all types of innovation and technology to better his business from time to time. Hard work has no easy roads, it has to be done to reach where you want to reach. But if you use a few boosters then it will help you reach your goals faster. Technology is one such booster. Using technology in the right way can end you up with a higher rate of success and profits. Here are a few things that you can completely rely on technology for running your business smoothly:
- Payments: Right now more than 20% of the population in India uses a complete digital mode of payments. It is estimated that by the year 2023, 600 million will be more added to the same. Digital payments have many benefits, most of the platforms give offers when payment is done which is beneficial for both the customers and the shop owners. Payment becomes very convenient and can be done in just a click. These transactions are 100% safe and secure. When payments are collected online it is easy to manage the accounts as well. Some examples of payment portals are BHIM UPI, Paytm, Phonepe, Google pay, etc.
- Home Delivery Services: One of the most popular modes of shopping currently due to the lockdown is online shopping ensuring home delivery. These services are rendered by many companies such as Zomato, Swiggy, Dunzo etc. This will double up the sales as products are delivered at the customer’s doorstep. These kinds of services are offered by the companies almost at a nil cost, so no money will be gone from your pockets. If you have a delivery person available at your shop, you can create your own online shop quickly through Vyapar App. This app will give you an option to add all the items or products you have on your online shop. You can then share the shop link to your regular customers and they can choose the products and give their order on Whatsapp. Apart from this, you can also use this app to create bills and share them with your customers over Whatsapp. You can add your UPI code on the bill so that the customer can pay online.
- Billing, Stock Management and Accounting: Writing bills manually can definitely take up a lot of time depending on the inflow of customers, it also will result in queues of customers and sometimes loss of customers due to long queues for billing. Hand-written bills are often said to be difficult to read. Another disadvantage of managing it on paper is that you will have to enter it in your stock register later on to tally the stock, which is again time-consuming. This might also result in missing out on transactions that would unbalance your accounts. Using accounting software like Vyapar app will help you lessen the burden of billing, accounting, and stock management as many calculations and entries would be automatic.
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