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SMALL BUSINESS DAY - NOV 30TH

#smallbusiness day is November 30th! To help celebrate all small business owners and creators, we will be talking "Best business solutions for small business owners" From Tax prep, accounting software, sales support, ecommerce/big commerce etc.. to expanding and taking the leap to a bigger and more robust solution. Do you have a suggestion, do you have a favorite? We want to hear all about it!


Sandwiched between Black Friday and Cyber Monday is Small Business Saturday, a day created to encourage holiday shoppers to support and buy from local businesses.


Small Business Saturday is an important holiday to draw attention to the importance of shopping at local businesses over large retailers. This holiday is a clear win for small businesses, but consumers benefit as well by finding great new local products and services and supporting their local economies.

Spending your money there helps to stimulate the local economy and keep business booming within your local region. These smaller-sized businesses help to create and sustain jobs as well as keep the area vibrant and buzzing with shoppers and tourists.


In a study, every day, more and more people from students to stay at home moms to business entrepreneurs and savvy business women, are venturing out in the small business world by keeping their day jobs and starting side jobs following their passions and recently and in large cases, starting a trend of quitting their jobs to pursue their dream of starting their own business endeavours.

But who helps out small business owners women decide which selling platform or business solution is best suited for their type of industry?


Are you ready to start your own small business? This is what you need to know:


More and more women are relying on technology to accomplish their business needs and often, word of mouth suggestions from friends and alike small business owners for their website needs, tax, accounting and advertising/social media resources.

- "Women demand inclusiveness, want to feel valued and recognized which in turn increases their talent, innovation, creativity and contributions " -


One of the biggest obstacles for women entrepreneurs is that they are operating in an environment that isn’t built for them. On a recent report, women-owned firms apply for business loans at a similar rate as men-owned firms, yet they are significantly less likely to receive financing (47% versus 61%) and they are more likely to receive less than the full amount they requested, even at low levels of credit risk. In light of data indicating that women-owned businesses are better investments than their male-owned peers, it is imperative upon financial institutions and investors to better account for the unique strengths that women bring to the table. 


However, the biggest issue is having the confidence to ask for help. Supporting diverse entrepreneurs is one of the most powerful tools to reduce wealth inequality. Women, and especially women of color, are starting businesses at record rates – both because traditional employment options aren’t meeting their needs and because they are gaining greater access to opportunities and resources to pursue entrepreneurship. Ensuring that they are adequately supported in starting and scaling their ventures has the potential to dramatically improve economic prosperity for women, their families and their communities. 


Women starting their own business need to learn entrepreneurship skills so they can find sustainable ways to make money and work for themselves, so to make the process easier, we've gathered a list of high ranked business solutions based on "Must have applications and business platforms" and the suggestions shared with us from other amazing women small business owners to help you make the right decisions when starting out. Make no mistake, starting out a new business can be somewhat overwhelming so we hope we can ease that process by providing you with this vital information.


TOP 3 SELLING ONLINE PLATFORMS FOR SMALL BUSINESS:

With Social Media Interface.


1- SHOPIFY

2 - BIG COMMERCE ~ Would recommend MAGENTO COMMERCE WEBSITES

3 - ETSY + AMAZON HANDMADE (Handmade items)


TOP 3 CRM (Customer Relationship Manager) FOR SMALL BUSINESS:

With the application of CRMs and the best CRM software, small businesses can ensure that all internal departments are on the same page. The same data is available to employees across all relevant departments, creating seamless communication and improving collaboration.


1- HUBSPOT

2 - PIPEDRIVE

3 - MONDAY


TOP 3 ERP (enterprise resource planning) FOR SMALL BUSINESS:

Helps to grow your business by reducing costs and increasing profitability, some including: accounting, business intelligence, CRM, human resources, inventory, and supply chain functionality for small/medium businesses.


1 - SAGE 50 CLOUD

2 - FRESHBOOKS

3 - NETSUITE FOR RETAIL


TOP 3 TAX SOLUTIONS FOR SMALL BUSINESS:


1 - HURDLR

2 - AVALARA

3 - INTUIT TURBO TAX


TOP SOCIAL MEDIA PLATFORM FOR SMALL BUSINESS:

We've included more than three platforms and ranked them from top to bottom based on popularity (2019)


1 - INSTAGRAM

2 - FACEBOOK

3 - SNAPCHAT

4 - LINKEDIN

5 - TWITTER

6 - PINTEREST


TOP BUSINESS RESOURCES FOR WOMEN ENTREPRENEURS AND SMALL BUSINESS OWNERS:


1 - ACCION ( a leading national nonprofit small business lender and part of a global organization focused on financial inclusion.)

2 - VENTURIZE ( has really helpful information on how to start and grow your business.)

3 - VISA'S PRACTICAL BUSINESS SKILLS (offers wonderful tools for small business owners)

4 - BORROWERS BILL OF RIGHTS


You only have 24 hours in a day, but you need to set aside time each day to take care of yourself, your other obligations and your business. You may need to sacrifice some of your other responsibilities to do so, but you need to keep that balance. At the same time, set realistic expectations for yourself. Organizing your time is really important, and if you can’t do it yourself, seek and ask for help. We hope the information provided really facilitates your decision making on which solution is the right for you so you can focus on the important thing, growing your business to a bigger magnitude or anything else you are dreaming of becoming.


The Kright Konnection is committed to helping and empowering other women by Konnecting to the right business solutions so you can continue to build your empire. We want to freely share that information with you and help you Konnect with what might be your business' long awaited  “other half”. Are you ready to grow your CRM or ERP solution? Do you need help creating an attractive, eye catching website?

Konnect with us, we have the tools you're looking for!


For more information, feel free to contact us at info@thekrightkonnection.com or Konnect with us!



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