Technology is designed to make businesses run more efficiently and achieve better results. However, technology doesn’t come without its challenges. It can be confusing to navigate the ever-changing and developing world of technology.  

"Technological growth can bring about many positive changes and advantages for businesses."  

New technology can help businesses create new products and services – essentially developing entire new markets. Technology can also automate time-consuming business tasks, increase productivity, reduce business expenses, and make it easier for smaller businesses to achieve more. As technology use among small businesses increases in South Africa, business owners must understand what tech solutions exist and how they can use them to grow their businesses.  

Must-Have Small Business Software and Tech Tools 

The first step before adopting any technology is to understand the business requirements and craft a functional specification for the technology. 

Here are your must-use tech tools: 

1. Accounting Cloud-Based Technology 

These cloud-based platforms can help to increase productivity and provide entrepreneurs with real-time information via smartphone apps and the internet.

Compare Accounting Software

2. Mobile Payment Solutions

With POS systems in South Africa, businesses can accept card payments. This is done through a card reader which connects to an Android/iOS smartphone or tablet.

Compare POS Systems

3. Fibre and Mobile Data

Fibre is the fastest and most reliable connection we have in South Africa. It can work at the speed of light and can achieve speeds of up to 200 Mbps.

Compare Fibre Providers

4. E-commerce Website 

It’s never been easier for business owners to set up their e-commerce shops without the help of a web developer. This is thanks to the introduction of out-of-the-box solutions with DIY website builders and ready-made storefronts.

Compare Website Builders 

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A Comprehensive List of Free or Cheap Online Courses for SME Owners

For entrepreneurs looking to up their knowledge, whether it’s their financial management or basic coding skills, online courses offer multiple opportunities. The biggest advantages of online courses are lower costs, flexibility and convenience. With just the cost of data to consider, free online courses offer access to a variety of programs that can be of benefit to entrepreneurs. 

Skills development has been identified as a key area of concern for South African entrepreneurs, according to the SME Landscape Report, An Assessment of South Africa’s SME Landscape: Challenges, Opportunities, Risks & Next Steps’ 2018/2019. 

Entrepreneurial skills in question include financial management, business strategy, communication skills, marketing, leadership and sales skills and strategies.

Here is a list of free or inexpensive online courses for entrepreneurs. 

Need Working Capital? For a Free Quote for Business Funding, visit SME South Africa. 

Download the SME South Africa Tech Buyer’s Guide and learn what business software & devices you need to get your business online, better manage your finances, generate more sales & promote your products, and services.INSIDE

Get Expert Guidance on the Features you should consider PLUS Recommendations for top brands in each of these categories.

•  Accounting Software

•  POS Systems

•  Web Hosting & Domains

•  E-commerce Platforms

•  Fibre

Let’s help you buy the right tech for your business!