29 Jun 2012

Small businesses turn to technology to manage finances

Small business owners today have access to tools that those who ran businesses years ago could only dream about. Fortunately, it appears company owners are taking advantage of technology in order to better run their businesses.

The BMO Annual Business Survey found that roughly 60 percent of businesses are using online tools and resources in order to manage cash flow. These simple tools allow owners to keep track of money coming in and going out. While back in the day business owner may have "balanced the books" with a calculator, nowadays computers allow owners to have all of this handled for them.

""Business owners are increasingly looking for ways to better manage their cash flow, both to help them meet their obligations and give them more time to focus on growing their businesses," said Cathy Pin, vice president of commercial banking for BMO. "[Cash flow software gives]  business owners a complete picture of where they stand financially at any given time."

When business owners are managing finances, they may want to consider ways to save money. One way to do this is to rent workspace storage from Jiffy. These office spaces are perfect for small businesses looking to grow, and can really help owners who are currently running things out of their home.

From Toronto's leading self storage facility comes Jiffy Workspaces for small businesses, start-up offices for multi-services, eBay Power Sellers and merchandising businesses. These air conditioned incubator spaces are available with internet and can serve as a fully-functional workspace. Storage-on-demand is a great feature for any start-up businesses that needs seasonal or monthly storage to match their business office needs and only Jiffy Self Storage offers this unique service.

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