The statement “majority of the start-ups fail in their early years” is not a myth but a bitter truth of the industry. Running a start-up business is not easy than it might look from the surface, especially when you are beginning it from scratch. You have to carry out each and every task by staying on the budget, which can be very challenging. Well, the big companies who are already established and have a good flow of money pumping in their business account. They have the resources and funds to get along all the way required for their business. But, this is not the luxury that a small business or any simply start-up can afford. They need to take advantage in order to take the lead in the market.
Being a start-up owner, you have to look for every possible way to improve the efficiency of your company. One easy and affordable way to increase the productivity of your business is by becoming paperless. Also, it will have a positive impact on the environment. It might shock you to know the fact that over 50 percent of a business waster comes from paper.
How to make your business paperless
You just cannot make your business completely paper-free within overnight. You need to come up with a strategy that can help you reach the goal effectively without causing any negative impact on your business. In the starting, pick one or two areas where you will convert them into a paperless format and then move to other ones. Now, doing this might be a bit tricky for you, so you can follow the below give tips if need any help.
Different ways to make your start-up completely paperless
- Start using Cloud
The cloud is the next-generation platform to perform all your computing tasks. Today, most of the companies are using the cloud to carry out all their business tasks. You can store enormous data that will be kept safely thus providing you with a reliable source for backup. One of the greatest benefits of using cloud computing is that you can perform all the high-end tasks without setting any expensive infrastructure.
- Switch to paperless meeting
When you can carry out the majority of your tasks without a paper, then you should use it as much as possible. Thus, instead of printing handouts to conduct meetings, you should take the advantage of technology. You can easily share any presentation or slides of the meeting via connecting HDMI cable with all computer and other devices.
- Rely on electronic communication
Electronic communication is a great option to go paperless. Email is far times better and faster platform to communicate with others. You can send one single mail to thousands of people at a go and receive a reply instantly. You can also directly use messaging to send memos and reduce paper waste by going to paperless billing. Using electronic calendar will allow you to schedule all your conference calls, clients’ calls, meetings without wasting any paper.
- Scan your paperwork
Rather than printing any document that requires lots of papers, just simply use the digital platform. Just scan all your paperwork and save them electronically either in PDF format or any other that suits you. After that, you can simply save the paperwork on the cloud to create a backup. So, you can easily use the file or document again in the future when needed.
- Setting infrastructure to become paperless
Most of the employees print any document when they have to cross-check any document for verification. Now, using a dual monitor setup will help them enhance the productivity of the employees in doing their task. This way you will save a large amount of money and at the same time, this will give a boost to the efficiency of your office. Buying multiple monitors simultaneously can cost good money, so you can take debt if you lack the fund. If you are just start-up, you can apply for doorstep loans for bad credit which you can get even if your credit rating is poor.
- Using Digital signatures
Gone are the days when you had to print long documents to sign any contracts. Today, you can easily do that with an efficient and paperless format i.e. by using digital signatures. This allows you to make any deal with your client at any place and time. It is a popular way to go paperless.
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So, these were the tips that can help you go completely paperless in your business provided you follow them carefully. Being paperless in your business will make you more efficient and productive in your work.