Starting a small business is a risky venture; according to the U.S. Small Business Administration, more than half of all small businesses fail within the first year, while 95 percent fail within the first five years.
There is a myriad of reasons why this is the case—from lack of experience, to lack of capital, to poor inventory management, the list goes on.
However, despite the poor odds, this doesn’t mean starting a small business is a doomed venture; you just have to ensure you’re making the right steps to build a sustainable business from the very beginning.
Below is a list of apps that can help any small business.
This handy app dedicated to general productivity can help you keep track of all kinds of information. You can take clips from various web pages and add them together, condense them, embed pictures, tables, and even videos.
You can also use it for creating notes, to-do lists, contracts, and you can even keep records of things like tweets and emails.
For people, especially freelancers, who need to keep track of billable hours, Toggl is a fantastic app that can help you track your time.
You can use the app to track an unlimited number of projects or clients, view colorful graphs, export timesheets, and sync your numbers with several project management apps.
However, it’s not exclusive to individuals—businesses can benefit from the app by having employees use it to track their hours (it even allows users to be divided into subcategories).
It’s free for up to five people, or it can be used with unlimited users for just $5 a month.
When it comes to project management, Basecamp is one of the best apps available. It offers a streamlined and intuitive interface that allows you to invite collaborators to a project, chat with all the users part of a specific project, attach files, create checklists, and track your progress.
The payment structure is a little bit unorthodox. Rather than paying per user, you pay per project. Rates start at $24 a month for 15 monthly projects and goes all the way to $150 a month for unlimited projects. No matter the number of projects you choose to pay for, there’s no limit on number of users.
When it comes to business communication, Slack is one of the best apps on the market. It allows you to create a chat for just about any topic you could think of (even a chat for when you need a break from responsibilities and just want to blow off steam).
You can also easily configure notifications in order to ensure you are only getting notifications from important chats (which allows you to filter out inane chatter).
Best of all, Slack is free to use for an unlimited number of users. However, if you’d like to expand on the services offered you can upgrade to the deluxe package for a fee paid monthly or annually.