Small Business Struggles Solved with Amazon Business
|Por Violeta León|
A small business owner faces a list of struggles every day just to stay in business. Without the deep resources, experience, and contacts big corporations have, small businesses find themselves working so hard to generate income and make a profit. According to the U.S. Bureau of Labor Statistics, about 20% of small businesses fail by the end of their first year. By the end of their fifth year, 50% go under; and by the tenth year, that number rises to 80%. However, Amazon Business is the newest smart tool to help small companies overcome successfully their first years of business and you’ll learn how.
A business requires financing to meet payroll, to develop new products, to execute a marketing program and to expand the facility to meet rising demand. A small business can sometimes find it difficult to reach the financing needed to run and grow the operation. Investors and lending institutions are sometimes hesitant to invest in a small business that does not have the equity a large corporation has or the resources to compete in the open market that is available to a bigger company. It is essential to optimize the available resources to produce quality goods that can lead the business towards effective productivity and increase the business value in order to fairly compete in the open market. After all, good productivity means good business.
On the other hand, small business owners perform several tasks that can take up time on their daily schedule. Entrepreneurs often find it difficult to balance a schedule that includes sales and marketing activities, the search for financing, product development, accounts payable, accounts receivable and business development. Besides, time is money, especially in small or start-up business it is counted at the growth level. A scheduled picture of "what to do and when to do" makes easier to process the production without any loss. The effective time management can be the turning point of business for profitability.
Once you create an account in Amazon Business, you’ll be able to add people who can then add groups, make purchases, create approval workflows and add purchase order numbers. Plus, the administrator can add and manage business-account such features as payment methods and shipping addresses. This will help the business to effectively manage their time taking a side, the inconvenience of being one person only in charge of the buying department. Plus, Amazon Business accounts get Business Prime Shipping. That includes unlimited, free two-day shipping on eligible items. You can sign up for a Business Prime Shipping annual membership based on the number of users their business account has. It's $499 for up to 10 users, $1,299 for up to 100 users and $10,099 for more than 100 users. You’ll skip the long wait for your raw material to arrive. You can also get free standard shipping on orders of $25 or more of eligible items if you don't opt for the Business Prime Shipping membership.
Finally, when new technology is announced, it can be expensive to implement. A small business may not have the financial or technological resources to take advantage of new technology that a larger company may have, and this puts the small business at a distinct disadvantage in the marketplace. But, the Amazon Business suggests you amazing discounts on technologic tools and offers you valuable connections to other business that can bring you the most advanced technology at a low price. Moreover, you can create an Amazon Business for free and start managing your business as a big company does.