Business Technology: Saving costs is another way to make a profit

“Saving costs is another way to make a profit!”

Saving costs is another way to make profit and is an old adage, often overlooked, in our new section here at TolaTender.co.za News I will give my personal experience of about 20 years “playing” with business technology, but I will explain business technology  in my style which is “crystal clear” yet simple, the cost and benefit analysis of a business technology solutions that anyone can implement in their office, so that you are able to see clearly, in money terms, the cost savings per year and and implement those solutions if you wish to replicate my successes and reap the benefits in money terms of increase in your business profit, once again I remind you, this is a very critical understanding, “Saving costs is another way to make a profit!”.

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Business Technology Cost Savings

Let me make an example, I used to wake up and post content manually to our various social media platforms like Facebook and Twitter, from our database-driven company website or let us call it a blog as some of you may have blogs, blogs too are database-driven, a database basically is computer storage of information, in this case my business information, this exercise would take 2-3 hours each day from say 4am till 6 or 7am, planning and doing it, remember one must also add tracking code to content to collect performance statistics so I can know which posts had the most clicks etc, now an employee’s normal working day is 8 hours, so if you subtract the 3 hours than I would have already used a third of my working day doing this repetitive admin, and if an employee earns say R30 per hour that is R30 x 3 hours x 30 days x 12 months per year and the cost of that activity was R32 400 per year, if you could save R32 400 per year what can you use it for? An end of the year vacation, new office equipment or re-invest it and your time into another profit making business activity likes sales! Well that’s what I did, I developed a simple computer software program to do this repetitive admin task of posting to our social media from our blog or database-driven website.

We will clear the myths and superstitions around business technology, and bring your business  from the dark ages back to the 21 century!

Our new business technology section at TolaTender.co.za News will give such practical examples and clear cost savings in money terms not some “shady” business technology solution whose impact in money terms, the seller can’t tell you, yet sells it to you as a necessity and beneficial!
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