The modern business landscape is always changing. New technology brings industry adjustment at an increasingly rapid pace. Virtual machines and data storage have become more popular than their physical counterparts. It is not unfair to say that more of the actual paper in your “paperwork” is likely being replaced by machines. But what are the actual considerations, from a business standpoint? How can you run a business if you don’t analyze each option critically?
Instead of breaking things down into a list of pros and cons, let’s look at the benefits and drawbacks at each phase of the information flow. This article will address sales and marketing, processing an order, scheduling and inventory, fulfillment, financial and accounting. That way, you can determine what changes you are comfortable making in your own business. Every small business is unique.
Sales and marketing have a very specific goal. Marketing generates a lead and … Read the rest