Defining and Demonstrating Innovation in Your Business
The article Defining and Demonstrating Innovation in Your Business is a guest blog written by Derek Goodman. To learn more about Derek Goodman, check out the Author’s bio at the end of the article.
If you manage a small or mid-size business, you know how hard it can be to keep a fresh approach while retaining brand consistency. Indeed, this is one of the biggest challenges businesses face, but there are many tools you can use to confront and overcome it. Adopting an innovation mindset is one of the most effective, and you can unlock a world of innovation when you research digital tools and services like Bottleneck Distant Assistants that are available to businesses. Learn about the benefits of the many digital improvements you can make.
Innovating With Digital Resources
According to business experts, genuine innovation comes from focusing on clients. Indeed, if you can recognize your customers’ shifting demands, you’ll be better equipped to meet them. You can do this by seeking out new perspectives that will help inspire a spirit of innovation. With this insight, you can then define exactly what innovation means to your company — and how you’ll achieve it.
These new perspectives — from clients, coaches, and colleagues — can motivate you to manifest innovation in the form of new offerings for your clients. If you’re managing an eCommerce site, for example, you can innovate by introducing a new product line or adopting a new digital marketing approach on social media.
No matter what form your innovation may take, it’s likely that you’ll utilize technology in some form. Whether it’s leveraging data or facilitating remote work, you can use the power of tech to establish a foundation of innovation that propels your business to new heights. Build on this foundation by branching out from your usual platform and exploring new options like apps. Expanding your business onto an app allows you to reach a whole new audience.
Streamlining the Business Side of Things
If you’re focused on customer-facing innovation, you’re only looking at half the picture. In order to truly revolutionize your company, you need to start looking at your company’s internal structure, too. You can start by assessing your financial standing and investing in software that will simplify your accounting.
An effective and integrated bookkeeping software is one of the best uses of digital tech, and it can even streamline your invoicing process. Using a cloud-based software option makes it simple to invoice clients and receive payment promptly so you can cut down on hours spent chasing overdue payments. With online time management apps that use AI, you can use the rest of your time wisely, too.
In addition to making payments easier, simple accounting software can minimize the stress surrounding tax liability, too. Many businesses dread quarterly filings, but if you have a cloud-based system that tracks all of your incoming and outgoing payments, you never need to worry about this. The right software will help you maximize your deductions by organizing your business receipts and storing them in the cloud. This allows you to maintain compliance while still saving on taxes.
Finding Out What Innovation Means for Your Business
Innovation isn’t a one-size-fits-all endeavor. On the contrary, every business innovates differently, but most have one thing in common — digital tech. When you’re looking for a way to keep your company fresh and streamline operations, cloud-based apps are one of the best tools. Find a program that lets you handle accounting, invoicing, and tax liability all in one.
With the right resources, innovation will come naturally, and your business can thrive. Find the right tech to help you achieve this goal.
Author’s Bio
Derek Goodman is an entrepreneur. He’d always wanted to make his own future, and he knew growing his own business was the only way to do that. He created his site Inbizability, to offer you tips, tricks, and resources so that you realize your business ability and potential now, not later.
We hope you’ve enjoyed reading this article. If you wish to share your own views and experience on Distant Assistance, Remote Work, and other ways to make your business run efficiently, do reach out to us at [email protected], or check out our Guest Blogging Guidelines.
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About Jaime Jay
Meet Jaime Jay – a man who wears many hats, and wears them all admirably. He's a master connector, an entrepreneur extraordinaire, and a published author who knows how to get things done.
Before he found his way to the business world, Jaime served his country as a brave paratrooper in the U.S. Army. But that's just the beginning of his many accomplishments.
He's the founder of the renowned Bottleneck Distant Assistant Services firm, and his book "Quit Repeating Yourself" has become a must-read for entrepreneurs everywhere.
When he's not busy building his empire, you can find him on his beloved Harley Davidson, cruising through the countryside and taking in the invigorating effects of Uitwaaien – a Dutch practice that involves facing the wind to boost health and relieve stress.
He enjoys spending his free time outside building stuff with his wife, Nikita the dog and their two kittens (for now at least) Tommy and Tater.
He is ‘over-the-moon’ happily married to his wonderful wife Sara, his amazing daughter, Jessica, who is serving our country as a United States Army soldier. Jaime and Sara are the proud grand parents of two beautiful little girls.
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