According to research done by MarketsandMarkets, the global business intelligence market will grow from $23.1 billion in 2020 to $33.3 billion by 2025, at a 7.6% CAGR.
Small business owners understand that having the right tools to complete a task means increased productivity and business growth, but with so many new technologies available, selecting the right small business tools and software can be difficult. Tools are there to help assist in making small business ideas a reality.
Technology can assist any aspiring business owner in turning a good idea into a solid business. Aside from the invaluable services that accounting and management software provides to startups, other digital business tools are critical to getting a business off the ground right from the start.
There are tools available for every stage of starting and running a business, from website design to business planning. That is why together with The Really Useful Information Company (TRUiC), we put together this list of the best small business tools to help your company run smoothly at every stage:
The TRUiC Business Idea Generator
Every successful business begins with a good business idea. Some people know they want to start a small business but are unsure of what type of business is best for them. TRUiC’s Business Idea Generator employs AI technology to assist in the selection of the best business idea.
Using TRUiC’s free business name generator tool is extremely simple and user-friendly. Aspiring entrepreneurs only need to do the following: search for words that they want to include in the name of their business, choose an innovative business name that is appropriate for their business model, and check the domain availability of the business name.
It is also worth noting that when searching for any business name on the TRUiC website, users maintain complete anonymity. This is accomplished by ensuring that any searched business name remains unavailable to any other user for a full month, giving you plenty of time to make a decision without fear of another user ‘’stealing” your ideal name.
TRUiC’s Free Logo Generator
There are numerous online Logo Makers available to assist in the branding of a business. Some of these do not necessitate any design knowledge. TRUiC, Tailorbrands, and Looka are currently among the most popular online Logo Makers.
TRUiC’s free Logo Generator generates thousands of logo options in a matter of seconds and does not require an email address. All that is needed is the company name; a tagline or slogan is optional. It provides hundreds of options to the logo creator after he or she selects graphics or text. Once a business owner has decided on a logo, it is theirs to edit and customize for any purpose. The high-resolution and scalable vector graphic (SVG) file format is then available for download and use. These formats are simple to edit and resize, making them ideal for a variety of applications, including social media platforms. A trademark search is essential to ensure that the business logo is one-of-a-kind.
TRUiC Business Plan Generator
A solid business plan is another essential step that will assist every new business owner in mapping out their business’s success. The TRUiC Business Plan Generator creates a step-by-step plan for a company’s next three to five years, including revenue projections and annual milestones. A business plan does necessitate some thought, and by creating an account, the business plan can be completed gradually and downloaded.
One of the most important steps in starting a business is developing a business plan. A Business Plan serves as a road map for your company’s early years. The business plan typically projects 3-5 years into the future and outlines the path a company intends to take to meet its yearly milestones, including revenue projections. A well-thought-out plan also assists you in taking a step back and thinking objectively about the key elements of your business venture, as well as informing your decision-making on a regular basis.
TRUiC makes it easier than ever for startup owners to conduct research and launch their businesses. Aside from the tools mentioned above, they provide three additional tools and other resources that enable any new entrepreneur to do everything required from a single online platform.