Tools make things easier for business owners. With the right tools, you can improve efficiency, boost collaboration, reduce mistakes and conflict, and save time and resources among many other benefits. While many startups understand the benefits such solutions have to offer, most are hesitant when it comes to buying them due to the costs involved.
The truth is, while some tools are expensive, there are lots of affordable options for startups. Also, there are certain steps you can take to ensure you keep your costs down when buying the right business tools. This article highlights some of the key steps you can take to save money when shopping for project management tools for your start-up.
Get the Basics Right
Before you start shopping for project management software, first take your time to learn more about the subject. Identify the business types of tools on the market and how the tools fit into your business needs. The different types of solutions cover marketing, project scheduling, resource management, communication, and time management among others. The software you need will depend on the nature of your business and operations. It is also dependent on the size of your team.
After taking your time to understand your business needs and types of solutions on the market, you can then proceed to select the right software for your business. Taking time to understand the basics will keep you from investing in software whose purpose doesn’t meet your goals or one whose features are too many compared to the scope of your job or the size of your team. For instance, there is no need to buy a product that charges you for ten users when you only have a team of two.
Compare Deals
Comparison is another great step you can take to save money when shopping for business tools. When you compare, you can get the right features at the most affordable price. When doing the comparison, don’t make the mistake of making price comparison for two solutions that offer totally different features. Rather, choose the solutions with features that meet your business needs then compare their pricing.
Consider SaaS
SaaS tools can be a huge money saver especially when you are buying tools on a budget. In terms of cost, SaaS project management tools are great for startups for four key reasons. One, the initial cost of buying and setup tends to be low. Two, you get to pay based on your usage. Three, updates are done by the provider and thus you won’t have to spend time and money on them. Four, you can easily switch to a new solution by simply cancelling the current plan and subscribing to another one.
Take Advantage of Demos and Free Trials
Finally, make use of demos and free trials to avoid paying for a solution and then realizing it is not the right one for your business.
As you do your best to keep your costs low, don’t forget to check whether the provider has a good standing. It will be a waste of money and a huge risk for your business if you choose software that costs less but offers little or no support and has security concerns.