Business View Magazine | January 2021

15 BUSINESS VIEW MAGAZINE JANUARY 2021 M any people have aspirations to start their own business. It lets you work when you want, be your own boss, and be in total control of your own destiny. However, before you jump right in and attempt to start your own business, there are some things you should know. This knowledge can help ensure your business starts off on the right foot. Know the Tools and Technology One of the first things to know when starting a business is the tools and technology you can use. Modern day businesses rely on technology; it makes running a business more efficient, cost- effective, and simple. When you are just starting out, do some research on the different tools and tech that could be viable in your company. This could be accounting software, a project management platform, code editors, time tracking apps, and dozens of others. If you try to start a business without using the tools and technology available at your disposal, it can often be much more difficult. Also, many types of technology can replace old, outdated equipment that you might have thought useful in your office. For example, instead of using a bulky fax machine, check eFax and learn the benefits of online faxing. Be Aware of the Costs Another thing to know about starting a small business is the costs. While the exact costs will Guest Submission: Startups Things to Know about Starting a Small Business