Five Online Tools for Small Business Owners

By Kenny Nguyen, the CEO and founder of Big Fish Presentations

As an owner of a growing startup, your job title may be CEO, but sometimes you might have to play other roles to get things done (such as accounting, sales, marketing, and, sometimes in our case, fish tank cleaner). Large corporations often have the “luxury” of having large departments handle their day-to-day operations while small business owners, like myself, are left multi-tasking quite frequently.

Luckily, there are some online tools out there that make life A LOT easier when it comes to handling finances, managing projects, tracking employee hours and communicating with your customers. While we’re sure that there are other great tools out there, below are five awesome online tools we use daily that we can vouch for.

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1) Wave Accounting:

Category: Finance
What is it: Wave accounting is a free, easy-to-use online application that helps small businesses manage their accounting.
Why’s it awesome:

  • It can pretty much run as your small accounting department
  • Generates organized and easy-to-read journal entries, balance sheets, expense reports, etc.
  • Very easy to use, even for accounting amateurs
  • Syncs with most banks and updates automatically with your banking transactions
  • Gives you an option to insight into your own personal finances
  • It’s free. Period
  • Offers great deals from various advertisers

Bottom line:
Awesome tool for small business owners wanting to track their finances. Click here for additional review information.

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2) Clockspot:

Category: Payroll
What is it: Online application that lets employees clock in or out from any computer or phone
Why’s it awesome:

  • Easily tracks employee hours
  • Employees can post progress reports to show what was done for each clock-in session
  • Generates payroll data to excel with online employee time sheets
  • Free 30-day trial with different pricing options for size of team

Bottom Line:
Awesome web application that provides a very convenient way to track employees’ time records from multiple locations. Even more awesome, this platform generates payroll reports.

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3) Asana:

Category: Project management
What is it: An easy-to-use, customizable project management tool that tracks projects while keeping your whole team in the loop
Why’s it awesome:

  • Great way to keep track of projects and prioritize tasks
  • You can update tasks through email and receive updates when projects are updated
  • Shortkeys make it very intuitive to use
  • Can assign tasks to certain individuals
  • Other individuals can follow tasks to receive updates on progress
  • Activity feed provides chat room-like updates on projects or tasks
  • The “attach file” feature is pretty handy
  • It’s free for up to 30 users!

Bottom line:
Founded by a former co-founder of Facebook, this web app provides a great way to track projects, reduce email clutter and manage tasks with teams. We also love the clean interface.

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4) Dropbox:

Category: Cloud storage
What is it: Cloud storage for files that can be accessed through almost any computer and mobile device.
Why’s it awesome:

  • Great tool to access files anywhere on the go
  • Syncs great to your desktop computer or mobile phone
  • I can’t remember a time when the servers were down
  • Shows a track record of actions done on folders
  • Can share dropbox to collaborate on projects with friends, family, team members, clients, etc.
  • Syncs with other apps like dropitto.me and Asana (see above) to provide better project management
  • Starts off free with 2GB, but also gives option of various payment plans for more GB storage

Bottom Line:
Literally one of the handiest tools we have ever used in my business. It keeps all of our files accessible for our team members to access anywhere, and it’s very handy when you want to send large files to clients.

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5) Google Voice:

Category: Communication
What is it: One of the Google app features that allow users to register a free number that can be used to reach you no matter where you are. It also keeps track of your voicemail through an online portal.
Why’s it awesome:

  • Provides one number that can reach all of your phones (i.e., cell, home, office) at the same time.
  • Can make calls with your number through phone app or online portal
  • Customizable voicemail greetings for different groups
  • Can send free text messages with the Google voice number
  • Voicemails are transcribed and can be sent to your email
  • Syncs with your google contacts
  • Low rates for international calls

Bottom Line:
This tool is very handy for small businesses when phone landline costs are deemed unnecessary and you would rather just designate a mobile phone as your office phone.

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While I’m sure there are tons of other great online tools out there for small businesses, the above tools have proven to be very useful in our business. We would love to hear about any useful tools that have helped changed your business  in the comments section below. If you use any of the tools we mentioned above, please mention any creative ways you use them to get the most out of it.

Kenny Nguyen is the CEO and founder of Big Fish Presentations, a company that is famous for designing rock star slideshows, hosting presentation workshops and producing commercial video. Kenny frequently speaks nationwide about strategies that can turn a presenter’s normal presentation into an experience for audiences. Most recently his company was selected as one of Inc.com’s Coolest College Startups of 2012.

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One Response to “ Five Online Tools for Small Business Owners ”

  1. Alle on

    What about Proofhub? i think you should list it too it is very helpful. It is a great collaboration SaaS, that includes everything I need for starting a small business!

    Reply

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