Cash-strapped firm owners can turn to tablets

Small-business owners are having to focus on cash management more than ever with current state of the economy and the difficulty some firms are experiencing when trying to pay out the wages expected by employees. Keeping this in mind, many owners at small enterprises are looking for ways they can leverage technology to carry out some of the roles that staff once completed, more specifically, tablets, according to The Wall Street Journal.

An example provided by the paper is Carla Hesseltine, owner of Just Cupcakes in Virginia Beach, Virginia, who is considering replacing her employees manning the cash register with a tablet, giving her customers the ability to place orders in the store without the help of a salesperson. Not only will this make the process more automated for Hesseltine, it will also help her maximize the budget at her company. The changes Hesseltine is planning to make at her firm are falling in line with the current conditions of the business market.

Tablets are continuing to gain popularity
Hesseltine may be onto something by planning to incorporate more tablets and less workers into her business plan. According to recent forecasts from Gartner, tablet shipments throughout the world are expected to grow to 197 million units in 2013, an increase of 69.8 percent increase from 2012. While this statistic includes both businesses and consumers, there is no question more small-business owners are taking advantage of the power of apps and the cloud, making the tablet a worthy investment.

"Lower prices, form factor variety, cloud update and consumers' addiction to apps will be the key drivers in the tablet market," said Ranjit Atwal, research director at Gartner.

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Getting Started

Find your ideal banker:

Featured Insights

Silicon Valley Business Journal reported on March 26 that In the market for a two-bedroom apartment in...

Nanolab Technologies uses cutting-edge technology and expertise to provide knowledge-based analytical services for...

Mission Bell is a 54-year old company based in Morgan Hill, California that specializes in architectural millwork,...

Mercurynews.com reported on January 30 that Fueled by mushrooming tech wealth, luxury home sales set new records in...

Much of the country is still recovering from the recession, making it difficult for companies to secure financing....

Recent News

04/18/14
Going into business as an entrepreneur requires a unique skill set and frame of mind...
04/18/14
Startup founders and other entrepreneurs are familiar with the process of failing...
04/18/14
Entrepreneurs sometimes find themselves at important crossroads. One of these is...
04/18/14
Sometimes it can seem like so many meetings are being scheduled that they are...
04/18/14
Small-business owners and entrepreneurs are used to running their companies on what...
04/18/14
Sometimes, despite training and determination, managers and founders attempt to...
04/17/14
The business world has changed rapidly in the past decade, and strategies that were...
04/17/14
Entrepreneurs and would-be entrepreneurs often come up with a number of different...
04/16/14
Last year, venture capitalists invested $29.4 billion in 3,995 deals, according to...
04/16/14
A pitch can make all the difference in securing venture capital investment or...

Twitter

Featured Insights

Featured Insight

Silicon Valley Business Journal reported on March 26 that In the market for a two-bedroom apartment in...

Featured Insight

Nanolab Technologies uses cutting-edge technology and expertise to provide knowledge-based analytical services for...

Featured Insight

Mission Bell is a 54-year old company based in Morgan Hill, California that specializes in architectural millwork,...

Recent News

Going into business as an entrepreneur requires a unique skill set and frame of mind. One of these tasks is finding...

Startup founders and other entrepreneurs are familiar with the process of failing quickly enough to change a product...

Entrepreneurs sometimes find themselves at important crossroads. One of these is encountering a business opportunity...

Twitter