S3 Blog

Posts Tagged ‘Economic storm’

How Would we Function if the Unthinkable Happened?

Tuesday, May 12th, 2009

In business there are always going to be ups and downs – but what would happen if the unthinkable happened? To really be able to answer this question it is a good idea to firstly decide what this unthinkable event is – so let’s say that it is severe economic crisis, even more so than the current credit crunch. So how would a business function?

Firstly, a business would need to make sure that they had some sort of strategy in place to be able to weather the economic storm. Without this a business simply would be able to stay afloat. So if you are the owner of a business make sure that you plan for the bad times as well as the good times or you could finds yourself in a very difficult position should the economic climate turn cold.

Secondly, it pays for a business to get the very best deal when it comes to the CRM (customer relationship management) software that it uses. Doing this will help to keep costs low so that should the unthinkable happen the business would still be able to function and not have to lose any software. Too many businesses spend vast amounts of money each year on keeping up costly software licenses and this can run into thousands of pounds, especially if the business has many employees.

Thirdly, a business owner needs to be on top of the businesses cash flow and know exactly what is being spent and where. Having this kind of knowledge will enable a business owner to quickly and accurately identify where money could be saved within the business. If you are a business owner who cannot say that they know exactly where money is spent it is time that you found out. Whilst you are doing this consider giving your business a financial makeover and see if you can highlight any areas where money can be saved or better spent.

Fourth, find which areas of the business are the most profitable and concentrate on those. Doing this will focus attention on more profitable areas of the business which will help to keep money rolling in, something which is crucial during a financial crisis. Forget about any ventures which were on the backburner, they can be looked at when things start to look brighter. Similarly, look at any areas which require a great deal of work and are not very profitable. When they have been identified consider dropping them as they are not working for the business.

No business owner wants to think about the unthinkable – but planning for it is essential as it can sometimes happen. Having strategies and procedures in place to deal with it should it happen is what every business needs. Failure to do this will result in the business folding and folding fast. So if you value your business and want it to survive should the unthinkable happen start to put measures in place to deal with it, should it happen, right now.

How S3 CRM can help you to weather the economic storm

Thursday, November 6th, 2008

Everyone in business knows that there are ups and downs that have to be faced each year, some are financial or economic challenges and others are from other sources such as a growth in competition or changes in the market. One thing is for sure when your business is facing an economic storm you need to make sure that your CRM solution is up to the challenge that lies ahead.

S3 CRM is a new and revolutionary web based software application that can easily be integrated into any small to medium sized business and will enable business owners to make their processes and service more efficient and therefore will not only save but make money too. For any business to function correctly it’s employees need to use various software applications to record contacts, create invoices and quotes, keep track of projects, store documents and files, keep contact information for employees and customers alike and much, much more. As you would imagine purchasing, updating, running and implementing different types of software not only takes time, but it also costs money, and money during an economic storm is usually in short supply.

Using S3 CRM will help you to weather the economic storm in the following ways:-

S3 CRM is cheap to purchase – S3 CRM only costs £4.99 / $10.00 per month to set up and run, this figure is per business not per employee so as you can see there are huge savings to be made as many similar customer relationship management applications actually charge on a per user basis, something which can be very costly if you have a more than a handful of employees.

S3 CRM cuts down on the need for many different types of software applications – with S3 CRM you and your employees can do everything from creating invoices and quotes to planning and setting deadlines for projects as well as storing documents and even checking calendars – so say goodbye to having to buy different software applications just to run your business, with S3 CRM you can do it all.

S3 CRM is easy to use – if you need your employees to be working on generating more custom the last thing you need is to have them learning how to use a new application. S3 CRM offers total usability to everyone – simply log in and start working! It really is that simple, if by any chance you do find that you are unsure of how to use a certain feature click on one of the ‘Help at Hand’ sections found on each page and you will be given hints and tips on how to get the best out of S3 CRM.

S3 CRM can help you to identify customers who have outstanding invoices sooner – no more searching through files to see who has paid and when, with S3 CRM you can see all outstanding invoices at a glance and act upon them. This results in more invoices being cleared faster which adds to the businesses profits!


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