Last updated on February 27th, 2024
So you’re all set to strike out on your own, start a small business of your own. Being your own boss, managing your dream venture, can be a dream. However, handling different aspects of your business might not be as exciting.
Most new entrepreneurs will agree that often it is difficult to manage a small business. In fact, running a small business proves to be a daily challenge for many.
However, thanks to the easy availability of small business tools out there on the Internet, it is easier than ever to simplify almost all aspects of a small business.
You might be wondering:
“Where do I get such business tools?”
Well today I’m going to make it easy for you.
All you need to do is take out a few minutes of your time and Check these top 10 free tools that will help you manage your small business better
1. Business Loan Calculator
For most small businesses, business loans remain critical for expansion, resources and many other aspects. But it remains a challenging job to figure out the terms and cost to take out a business loan.
If you’re able to get acquainted with the terms and cost of business loans beforehand, you’ll be able to figure out if it’s actually beneficial to borrow money or not. And to do that effectively, you’ll need access to an online business loan calculator that’s quick, precise and easy to use.
2. Resignation Letter Template
Now that you’ve planned for the small business loan, it’s time to bid adieu to present job. Remember, starting a small business is a true labor of love and it takes much time, money and resources strike out on your own.
But if you’re actually start your dream venture, you’ll first need to get prepared mentally and leave your existing job.
Whenever you plan to leave a job you’ll be you will need to put it in writing. When it comes to putting your design to quit your existing job in a professional and business-like manner, there’s no one size fit all approach.
But we’re sure you’ll agree often it gets difficult to putting your point into words.
This is where free resignation templates comes to your rescue. Simply download a relevant resignation letter template and fill in your personal details to quit your job properly.
3. QR Code Generator
A QR Code is the abbreviated form of “Quick Response” code. QR codes are just like the barcodes that are used by businesses to track inventory and price products at POS (point of sale). However, QR codes are mobile device readable and store much more data as compared to normal bar codes.
These codes store information about website URL’s, phone number, email addresses and a slew of other alphanumeric data. Given the ever-increasing popularity of mobile and smart phone devices have made it important for businesses to create unique QR codes for their businesses. Businesses can choose between creating dynamic vs static QR codes depending on their business needs.
There are a wide number of free QR codes available on the Internet. But remember QR codes are the lifeblood of today’s business. That’s why it’s important to choose the best option available.
4. Barcode Generator
If you manage a small business and are finding it difficult to track and manage the inventory, then barcodes are what you need. Most retailers and distributors have barcodes for inventory and sales management.
In fact, barcode technology has become much sought after and popular amongst consumers. Besides making the process of inventory management easy, barcodes also help you save seizable on your operational costs.
In addition, barcode technology also reduce the necessity of manual data entry, thereby reducing the likelihood of human error.
5. Profit Margin Calculator
So, you’ve put your business and are already done with the product development process, what next? You’ll need define the selling price for your products to ensure a desired profit margin.
Generally, your profit margin help you determine the long term health of your small business. Here’s the formula to calculate gross margin – Gross Margin = 100 X Profit/Revenue (when expressed as a percentage).
The formula for profit – Profit = Revenue – Costs.
There are a number of free online Profit Margin calculators that can help you calculate the profit margin easily and conveniently, thereby helping you achieve the desired profit margin.
6. PayPal Fee Calculator
PayPal is one of the world’s most popular and sought after online payments systems. An increasingly large number of small businesses and retailers pin their faith upon PayPal when it comes to receiving payments from their customers. It’s no wonder since the platform is free to use.
There’s no monthly or cancellation fee. However, PayPal stipulates a currency conversion fees for overseas payments. But calculating the exact fees remains a tough task as the exchange rate keeps on changing.
This is where PayPal fee calculator comes to your rescue. An online PayPal Fee Calculator can help you understand what you may be charged by PayPal.
7. Image Resizer
If you manage an online business, we’re sure that you already know how important product images are. One thing that affects the visual appeal of your online store are photos.
But if your images aren’t proper sized and clear, your customers would abandon your site and will go to your competitor. We’re sure you’ll agree that resizing images to ensure highest of quality and standards is no mean feat! Enter free online resizer tools!
Editing product images was never easier. Select from a number of photo editing functions: resize photos and images, choose from preset pixel dimensions or take your pick from custom width and height.
And that’s not all, you can also sort, rename or add a watermark to protect your pictures against copyright infringements.
8. Slogan Generator
Everyone and their moms know that slogans or taglines are as important as your brand name in terms of promoting your services or products in today’s ever-so-competitive and ever-so-chaotic market. You’ll need a slogan that explains your business, its USP and its products or services.
You’ll need to make your slogan is catchy and easy to remember in order to increase the recall value of your business. And to get such a slogan, you’ll need to hire an experienced copywriter.
But what if you don’t have oodles of money to bear the ever-increasing charges of such experienced copywriters. This is where online slogan generators provide you with an optimal solution.
With these free, online slogan generators, you can easily create a powerful slogan that can take elements of your brand and showcase it to the world in a way that’s even more awesome.
9. Google Analytics URL Builder
Google Analytics URL Builder is one of the most sought-after tools for many businesses to track effectiveness of marketing campaigns. The powerful tool also allows businesses to generate custom campaign parameters for their advertising URLs.
By employing an ecommerce analytics tool, marketers can track which marketing channels drive traffic, measure the success of various marketing campaigns, and optimize strategies based on real-time data. This tool provides valuable insights into the effectiveness of marketing efforts and strategies.
Remember, there are multiple perks to tracking your visitors, and it makes sense to use the Google Analytics URL Builder tool to produce value-rich reports. The best part is that it is absolutely free to use.
All you need to provide is the website URL, campaign source, campaign medium, campaign name, campaign term and campaign content URL.
When you have precise data about your marketing campaigns performance, where are visitors coming from, and what are their activities on your website, you can use the data also to build your relationship with your target customers. You can apply the data to find out the right CRM solution that helps manage your customer relationship effectively.
10. CRO & Analytics Tool
Now when you’ve started marketing your products and services, you’ll also need to work on conversion optimization to increase revenue for your business.
After all, this is your dream venture and we’re sure you’d like to attract sales and boost your revenue quickly and conveniently. This is where free CRO and Analytics tool come to your rescue.
TruConversion is one such tool and it makes it easy for you to access all the best conversion optimization and analytics tools under one roof. Don’t worry, this tool is absolutely free of cost and is easy to set up.
With free CRO & Analytics Tool you can easily perform all CRO and analytics tests in order to optimize your conversions and increase your revenue.
Over to You!
You’ve just seen 10 of the best free tools for small businesses. Now it’s time to get started with one of these interactive content tools and steer your small business towards success.
BONUS:
#1 – Froala Editor
Beautiful WYSIWYG HTML Editor web editor that’s easy to integrate for developers and your users simply fall in love with its clean design.
#2- PieSync
The ultimate CRM solution : PieSync syncs your contacts two-way and in real time across your business apps. No more import/export, manual data entry or ad-hoc PHP scripts.
There are 40+ apps to choose from including HubSpot, Salesforce, Google Contacts, Outlook and MailChimp. Sign up today for a 14-day free trial.
#3 – Venngage
“Infographics can be insanely powerful marketing tools. They are 30 times more likely to be read than text-based content.
Whether you are creating a poster, report, social media images or an infographic to enhance a blog post, Venngage has plenty of free to Business templates to choose from. For additional help when creating your own infographics you can reference their infographic design guide
Have you already been using one of the tools from this post for your small business? Is so, how has your experience been? Please leave us your comment below and let us know.
Don’t forget to sign up for the free Designhill Newsletter and get more such exclusive information, tips and techniques sent straight into your inbox.
#4 – Teamweek
If you are looking for a project management tool or team planning software for your business with a no of useful features like team calendar, task management , gantt charts & more.
Teamweek is the best tool for yoy to manage people and time. But first build a strong team that efficient in taking the right decisions in terms of making strategies and implementing those at the right time.
For instance, you need a sales management team that helps in monitoring day to day functioning of your business.
#5 – Online Binary Calculator
The free online binary calculator will convert a binary number to a decimal number or a decimal number to a binary number and other operations are add, subtract, division and multiplication of the binary number. Simply enter either a binary number or a decimal number and then click on the calculate button.
