Time-saving tools for busy eCommerce entrepreneurs
Surging demand for online shopping options has opened a world of opportunity for eCommerce entrepreneurs but staying competitive in a crowded marketplace takes creativity — and time. Here are five time-saving tools every busy online entrepreneur needs to grow their business.
Time passes with every swing of the pendulum and grain of sand in the hourglass. Maybe you feel like the white rabbit from Alice in Wonderland, always running late, but there is a better way. You can work to achieve the goals you’ve set out for your business without feeling like you never have a moment to rest.
As a small business owner, time is a resource that can power your business, and managing it can make or break your success. A quick Google search will return tons of results for productivity hacks that can help you save time, helping you shave time off your morning routine and batch simple tasks together to be more efficient.
Benefits of time-saving tools
Setting up an eCommerce store is easy, but running an online business doesn’t stop at creating a new website. You’ll need to manage inventory, track sales, and coordinate payroll. Luckily, there are plenty of time-saving tools to keep pace with the fast-moving eCommerce world.
Using time-saving tools can help you streamline or even automate time-sinking tasks that prevent you from innovating within your business. Tasks like compiling routine reports, tracking cash flow in and out of your business, and logging changes in your inventory can be handled by platforms designed to give you a hand. With better time management, you’ll enjoy less stress, increase productivity, and free up your time to pursue opportunities.
| Using time-saving tools can help you streamline or even automate time-sinking tasks that prevent you from innovating within your business.
By choosing the right accounting platform for their needs, business owners can track income and expenses, pay employees and contractors, and manage multiple aspects of their businesses’ financial health. Depending on the available features and options, you can often automatically monitor income, automate the process by syncing business bank and credit cards, and accept customer payments through your chosen platform.
In addition to tracking day-to-day transactions, you may want to consider platforms that can also take care of payroll for your employees with automatic tax calculations on every paycheck. Some software even offers user portals that allow your team to access W2s, pay stubs, and basic HR functions.
Beyond money in and money out, most accounting software can help you project the financial health of your business with analytic reports. You may also be able to generate previous cash flow statements, balance sheets, and income statements to help you gain further insight.
Tracking your time can help you take control of your schedule, but there are several different strategies you can implement to chart how you’re spending your time. While some business owners prefer to track their efforts based on projects or tasks, tracking by time can help you understand how much effort you’re allocating to a specific assignment.
With RescueTime, time management software that helps you set aside time to focus, you can time-box your task list. Doing so can allow you to accomplish more by budgeting only a certain amount of time for a specific entry on your to-do list. You can create reports and use built-in tools to review how you’ve spent your time and improve your time-management skills.
RescueTime can also help you strategize the best time to set aside for uninterrupted work and can even help you avoid distractions by encouraging you to make the most of blocks of time when you can set aside devices and focus on the task at hand.
Need help scheduling and managing meetings with clients and vendors? Calendly allows you to set up appointments and meetings without minimal back easily and forth to find the best time for everyone’s schedules.
Once Calendly is set up with your availability, simply share a link by email or embed it on your website. Then the link can be used to schedule calls and meetings, from one-on-ones to collective and round-robin calls. Integrations with Google, Office 365, iCloud calendar, and Outlook can make it easy to stay on top of your schedule without running the risk of double-booking.
With easy rescheduling and canceling options, you also won’t have to worry about a lot of hassle if something comes up and you or the other person can no longer attend the meeting.
Marketing can be all-consuming, taking up countless hours of your time generating content and reaching out to existing and potential customers. Generating and sending marketing emails can take an average of nearly ten hours a week, and combing through market data for your business can significantly add to that time.
With Klaviyo, you can automate marketing tasks such as collecting audience data and managing customer-facing messaging, segmenting your audience, and A/B testing your content. Klaviyo also comes with a drag-and-drop email creator that’s easy to use, and reporting from your email campaigns will let you know how customers are responding. You can save even more time integrating with apps like Facebook Advertising to keep your content consistent across different channels.
With a straightforward dashboard, ComplYant has helped business owners save more than 100,000 hours and over $5.5 million in tax penalties. Features include secure document storage, custom calendars, and due date reminders, so you never forget a tax deadline.
ComplYant also takes the guesswork out of budgeting for tax payments. Our business tax calculator can estimate how much you’ll need to pay sales, income, and other taxes based on your specific tax responsibilities.
Whether running a single online business or half a dozen, ComplYant allows you to manage everything from one streamlined dashboard. You can increase your productivity further with optional integration with existing apps, such as QuickBooks.
Make the most of your time
As an eCommerce entrepreneur, your time is valuable, so any time saved is another opportunity to innovate and grow your online business. With time-saving tools, you can maximize your productivity, streamline tedious tasks, and automate simple reporting that can help you bring your ultimate business vision to life.