The world of small business is becoming increasingly turbulent, with more small businesses being created every day and only 80% of them surviving past the first year. Small Business Advice Week wants to help them succeed, and one of the best ways to do that is to constantly analyse what you are doing and what is working.
When you know for sure which methods are bringing in consistent revenue, you can expand on those methods, or restructure your resources to better focus on what you know is working. The only way this can be done is by consistent analysis: measuring what you’re doing and using your data to see how you are truly performing as a business.
This analysis will result in a considerable amount of data that needs to be refined into an easy-to-understand action plan, but that can take time, resources and money you may not have.
However, the 9 Spokes smart dashboard gathers just the key data from your business apps and brings it into one place through easy to understand visuals, or widgets, that you can digest quickly. There’s no arduous sign-up process of tedious data entry for hours before you can start to see results. The 9 Spokes business dashboard allows you to sync up the cloud apps and software you’re already using, so you can get started right away, as well as get the recommended apps for your industry.
The immediate benefit is saving time, something small businesses can never have enough of. But you can also gain more certainty that is hard to come by when trends are constantly shifting due to new trends, social media fads and changing markets.
Focus is something many SME owners are desperately seeking in a world that has so many distractions. Knowing where you’re going and why is invaluable, and will reassure you when things don’t seem to make sense. Many business leaders say they rely on intuition or ‘gut feeling.’ But numbers show how you’ve grown, and how you’re growing. They show trends, patterns, and can predict the future, if you know how to use them. 9 Spokes can do all of this for you, so you can get your business into the best possible position it can be in for the next day, year, or decade.
Alex from World of Cycles, a bike shop in Dundee, uses 9 Spokes’ free cloud-based platform to create a single view of its key metrics. It allows him to plug in his apps like eCommerce system Shopify, retail management software Vend, Facebook and Twitter for social, and accounting software Quickbooks, among others. This means he can immediately see the key health check metrics like sales staff performance and the performance of marketing campaigns in one place.
“Before setting up 9 Spokes, the day-to-day running of the business sounded quite disjointed. Software was available, but there was nothing that brought it all into the same space. Before that we wouldn’t know what the most popular item was, how staff were performing or what we had sold week by week.
“It’s made us more profitable because we can see what our most important products are and what’s performing well, so that we can only have our most important products in the store,” says Alex.
You’re only as good as the tools you have, and 9 Spokes is both a tool, tool-box, and tool catalogue, giving you everything you need in one place. You can customise your own dashboard to see the metrics only you want to view, so 9 Spokes can give you deeper insight across your financial and non-financial areas of your business.
This is why Small Business Advice Week has partnered with 9 Spokes, because it provides small businesses with a degree of knowledge and focus that can give them a clear understanding of where they are and where they’re going.
Having everything in one place gives you more clarity and control over your business, which is something you can’t afford to turn down. Best of all, 9 Spokes is completely free to join, no credit cards details required! Get your own dashboard free here by joining at https://www.9spokes.com/.