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Wednesday 4 December 2019

Mobisoft Infotech – Your Right Tech Partner



In today’s competitive world, it’s very important to have a strong grip over yourself – Be it personally or professionally.If you are running or currently a part of a business and have to not only sustain but also grow in the market, then the only way is your conscience, persistence and adaptability to change.
Being a business owner you definitely cannot be a “one man army” and you need a pool of equally passionate team members to take your business to the next level. This team performs a significant role in envisioning and achieving the company goals & common objectives. Be it excelling at what you are doing already or foreseeing the bigger opportunities and threats coming your way, it’s imperative to keep your contingency plan ready.

Let us understand a few key areas that any business should consider to think of!  Either prior starting up a business or while running one. It’s never too late.

  •  IT
IT is an integral part of most of the companies to run their day-to-day business. You must ensure that this sector is taken care of meticulously. You could have an in-house IT team (could be expensive, if you’re a startup/ bootstrapped) OR partner with a company like Mobisoft Infotech who will guide you step by step, right from inception to the maintenance/ management of your services.
  • Operations
Are you overstaffed or understaffed? If you are not in either of these situations, you’re doing fine. If not, then you must set proper KPIs and reporting metrics to ensure you’re not keeping these critical decisions to be made at the last moment.
Termination stage is not a good sign, alternatively hiring is. If you’re ramping up, it’s great and that means you are growing. Even though it may feel obvious but many companies fail due to not planning their operations well, and negligence in monitoring their employee delegates on time.
Scaling up is way better when you have planned your forecasts beforehand and achieving them at the time of need. Scalability plans can be discussed at the ideation stage itself and all your “could have” or “good to have” can be planned for the later stages. However, your priority at any point should be “must have” and how to keep up to it.
  • Payment, Revenue and Accounting
Are all these in place? Go carefully about each one of them and invest a sufficient amount of time to brainstorm for its betterment. Keep a close track of cash-in and cash-out by using CRM tools.
Eventually, numbers matter!
  • Maintain CRM
This is the most important activity from the perspective of sales and overall business administration. It must be regularly updated and reviewed to have flawless and hassle-free business handling. Semi-automate by getting a robust admin panel to manage different stakeholders in your business.
Make your business easy for you by letting CRM take charge.
  • Dependencies
External stakeholders, suppliers, third party integrations, vendors or anything that is not in your control is a dependency.
You cannot control everything, however, it’s important to keep track and taking ownership of the know-how.
Read More About Mobisoft Infotech.