Modern Australian
Men's Weekly

.

How to Choose the Right Technology for Your Small Business or Startup

  • Written by Scarlet Gratton


Nowadays, technology plays a vital role in every company's future. Whether you're running a startup or a small business, there's little chance of your company succeeding without the aid from technology. Oftentimes, even the most basic and mundane business tasks can be improved and made seamless with the proper use of tech.

However, how do you know which technology is the right for your business? There's no simple way to answer that question mainly because the answer depends on your business needs and what you want to achieve in the future. Still, technology is required and that goes without saying. For startups, it might be a bit more difficult to obtain what they need.

The main reason is that there's oftentimes a lack of resources that are required to obtain the necessary tech. On the other hand, small businesses might have more resources but there's always an issue not to overspend the budget. That being said, here are a few tips on how to choose the right technology for your small business or startup.

Determine your needs

The first step towards identifying the right technology for your business is to determine your needs. What does your company need from technology, in order to boost its efficiency and overall performance? Today, technology is considered to be the answer to most of the problems a business might have.

However, not every technology is beneficial to your company, even though it might be useful. Therefore, opting for the wrong technology might actually set you back. That's why it's important to take the time to determine your needs. With that in mind, start by identifying the basic stuff. It's only logical to assume that you'll need computers and other devices for your business.

But when considering technology, you'll have to consider it in a bit more broader sense. For example, which types of tech solutions you'll need for your business? You can research available solutions on the market to determine if any of those products will meet your needs or if you'll have to consider developing in-house solutions.

Determine a budget

Setting aside a budget for technology isn't easy. New technological advancements enter the market practically every day and prices vary based on manufacturers, developers, distributors and brands. That means that you cannot set a specific budget because you know exactly how much everything will cost. Instead, you can estimate a budget and attempt not to overspend it. Again, research will help you out immensely in this endeavor. You can compare prices to determine which retailer has the best offer.

What's more, consider researching convenient solutions for the future as well. As an example, determining where the nearest AT&T store is might prove useful if you need quick repairs or to trade in one of your devices. It all falls under a budget estimate because as beneficial technology might be, it will require maintenance every now and then. That's why your budget cannot be strictly defined. This may prove troublesome for startup business but it's still important to consider every factor that involves money when it comes to technology.

Consider the cloud

When it comes to your company's technology needs, cloud-based services can tailor to most of them. Today, cloud computing is quite popular and quite regularly used by businesses of all sizes. Opting for a cloud solution may be an ideal way to obtain the right technology for your business. The main reason cloud is so beneficial is that it allows you to utilize software, hardware and various platforms, among other things, by subscribing to various services.

This method is not only cost-effective but it's also reliable. In addition, you can even opt for the hardware through infrastructure as a service (IaaS) without buying it on your own or keeping it in-house. This allows improved scalability for businesses, especially since you can upgrade or downgrade either software or hardware based on your current business needs. Simply put, you cannot go wrong with a cloud solution mainly because its features, as well as its benefits, will aid your business in more ways than one.

Consult with your team

As mentioned before, determining business can help you identify the right technology for your company. However, business needs aren't the only needs that require attention. Your employees or team members might also provide valuable input. The main reason you should consult with them is that it's they who will be handling the technology for here on in. Their pain points should also be a factor that determines which technology to opt for.

With that in mind, the purpose of implementing technology is to establish means that will allow better results based on your efforts. Therefore, don't hesitate to ask your team about their opinion on the matter. As an example, ask them about which systems they prefer, which technology will allow them to become more efficient, what will solve the most difficult parts of their job and so on. This will give you insight into which technology will be ideal for both your business needs, as well as the needs of your employees.

 

Technology is essential these days, and no business can operate efficiently without it. However, deciding on which technology to opt for may be a difficult task indeed. Still, if you focus on the needs of your company and the needs of your team members, you'll be able to determine the best technology for your business and plan a proper budget for it in the process.



Business

Maximising Operational Efficiency: Electric Winch Hire Australia and Hydraulic Power Pack Hire Solutions

Image by jcomp on Freepik From urban construction sites and remote mining operations to coastal maritime facilities, specialised equipment solutions are integral across Australia's varying industrial landscape to deliver project success...

Navigating the Digital Frontier: Managed IT Support and Cyber Security Services in Brisbane

As Brisbane develops its technology scene, the need for adequate IT infrastructure and security becomes apparent. This is how digital transformation reshapes how organisations function and create value. With the complexity...

Designing Secure Content APIs in Headless CMS Environments

APIs are what enable content to be delivered from a headless CMS to anywhere digital content can exist from websites and apps to IoT and more. Yet while the headless...

The Role of Mining Equipment Suppliers in the Industry

Mining is one of the most essential industries, driving the global economy by providing raw materials for manufacturing, energy production, and infrastructure development. Behind every successful mining operation lies an...

Cross-Continental Collaboration: Nutifood and Viplus Dairy to Create Australian- Standard Premium Dairy Brand

Vietnam’s Nutifood has officially entered a strategic partnership with ViPlus Dairy, a heritage-rich dairy manufacturer with over 130 years of experience in Gippsland, Australia, to establish an international joint venture: ViPlus...

Commercial Plastering Can Boost Your Business Appeal

In business, appearances matter. The way your space looks sets the tone for how clients, customers, and even your staff perceive your brand. A well-finished interior is more than just...

Maximising Operational Efficiency: Electric Winch Hire Australia and Hydraulic Power Pack Hire Solutions

Image by jcomp on Freepik From urban construction sites and remote mining operations to coastal maritime facilities, specialised equipment solutio...

Navigating the Digital Frontier: Managed IT Support and Cyber Security Services in Brisbane

As Brisbane develops its technology scene, the need for adequate IT infrastructure and security becomes apparent. This is how digital transformati...

Navigating the System: Your Guide to Support Finding Work with a Disability Around Melbourne

Image by freepik Finding the right job can be a challenge for anyone, but it can feel particularly daunting when you're also navigating life with a ...

Say Goodbye to Draughts and Hello to Savings: Your Guide to Perth Window Replacement

Image by prostooleh on Freepik Are your windows looking worse for wear? Are you paying a hefty power bill due to sneaky draughts and poor insulation...

How to Choose the Right Horse Trailer for Your Riding Needs

Many horse owners travel long distances for riding lessons, competitions, or to move horses between properties. Having a safe and reliable trailer i...

Sydney Turf Installer for Instant Green Lawns and Long-Term Performance

Having a green lawn at home makes everything look better. Whether it’s the front yard, backyard, or a small patch beside the driveway, people in S...

Designing Better Living Spaces: Why New Kitchens in the Blue Mountains Are in High Demand

The Blue Mountains region is seeing a steady rise in home upgrades. According to recent housing data, kitchen renovations remain one of the most req...

The Role of Packaging Manufacturers in Reducing Supply Chain Costs

In today’s fast-paced logistics and distribution landscape, businesses are under constant pressure to optimise operations and reduce expenses. One...

Customising Roller Shutters for Warehouses, Factories, and Logistics Hubs

In today’s fast-paced industrial and commercial environments, security, functionality, and efficiency are paramount. Whether you manage a busy log...

Top Fire Hazards in Commercial Buildings and How to Avoid Them

When it comes to protecting lives, assets, and business continuity, fire safety should be at the forefront of every commercial property owner’s ri...

Refillable Bottles and the Role of Reusable Caps in a Sustainable Packaging Future

As industries across the globe strive to reduce environmental impact, refillable bottles and reusable caps are emerging as champions of sustainable ...

The Comprehensive Guide to Physiotherapy: Benefits & Techniques

It employs hands-on care, movement and advice to aid recovery and prevent further issues. Individuals of all stages of life utilize physiotherapy for ...

What Can Be Funded by the NDIS? A Guide to Approved Supports

The National Disability Insurance Scheme (NDIS) is designed to empower Australians with disability by providing funding for supports that improve in...

10 Desserts That Aren’t Complete Without a Dollop of Whipped Cream

There’s something undeniably luxurious about a generous dollop of freshly whipped cream. Light, fluffy, and subtly sweet, it has the power to tran...

Why Personalised Ornaments Make the Perfect Christmas Gift

In a season brimming with sentiment and tradition, gift-giving is one of the most cherished ways to show we care. And while store-bought items can b...

What Causes Depression? Biological, Psychological, and Social Triggers Explained

Depression is a complex mental health condition that can impact every aspect of a person’s life—from sleep and energy levels to relationships an...

Brisbane Road Accident Lawyers and Bus Accident Compensation

Navigating the aftermath of a road accident in Brisbane, especially one involving a bus, can be a daunting experience. Whether you’re a passenger...

Freezer Room Hire in Perth: The Ultimate Solution for Reliable Cold Storage

Ever found yourself in a cold storage crisis and wondering how to save your perishables before they go bad?   Well, this isn't something new. Pe...