How to Cut Your Budget Without Risking Performance, Business Creation & Development

Every business the owner knows the importance of keeping the expenses of a business as low as possible. Saving on expenses means more profit...

How to Cut Your Budget Without Risking Performance, Using Free Tools
Every business the owner knows the importance of keeping the expenses of a business as low as possible. Saving on expenses means more profit. It is difficult to cut expenses and budgets without altering the company’s performance.

Free Tools vs. Paid Tools

Google Docs vs. Microsoft Word

Having the best word processor has been a war between these companies for quite some time. Many people have used Microsoft Word since forever, however, Google docs have changed the game totally.


Microsoft Word can not be purchased on its own and one would need to buy the whole Microsoft 365 package. This includes a number of other programs like PowerPoint, Outlook, One Note, Microsoft Excel, etc. Only once the whole package has been bought, Microsoft Word is accessible. Usually, this can only be installed on one computer, so if it is installed on a desktop, one would have to bump-up the plan to be able to install it on a laptop as well. Microsoft has made an online Word version, however not all the features are available and the online program can not handle complex or large documents. Microsoft Word can only be installed on OS X and Windows computers.

Google Docs does not have to be downloaded onto any device and can simply be accessed from a browser. One also does not have to purchase a suite of programs that are not going to be used. Google Docs can be accessed from any computer and browser. This includes MAC OSX, Windows, Chrome OS, and Linux. The Google Docs app is also available for Android and iOS devices. Google Docs is free for the average user and all the features are available. One only starts paying when the plan is upgraded for a more intricate business version.

Our winner: Google Docs, as it is free and easily accessible.

Wave vs. Sage

Accounting packages are really important for any business's success. Choosing the right accounting package can be quite daunting. Let's look at the free products from Wave vs. the products from Sage.

 

Sage is a paid accounting tool that can cost between $14 - $30 per month. The features available on all plans are tracking sales taxes, unlimited invoicing, invoice customization, connecting the business bank account as well as managing and paying bills.

A wave is a free tool that offers all of those features and more. The extra features they have available is tracking of income and expenses, capturing and organizing receipts, unlimited estimates, adding of partners and accountants and collaborators, account approved reporting, payroll, and unlimited vendors and customers. They are also easy and quick to set up.

Winner: the free product Wave

true Logo Maker vs. Graphic Designers

When people think of free logo makers, one would think that the quality and uniqueness would be compromised. This is not the case with a free and quick logo maker one can save lots of time and money. The trick is, choosing the right tool.

Depending on the experience of the designer, making a logo through a graphic designer can be expensive and timely. They charge anything from $65 to $300 per hour. They do give companies variations of the logos and make sure that the quality is good and that the logo can be used on any application. They also ensure that the logo is sizable and can be altered.

TRUiC has brought out a great logo making tool. They have ample templates to choose from as well as custom made options. Business owners can put together their own logo in a few minutes. What's great about this tool is that the logo is downloadable in SVG format which makes it resizable without altering its quality. It is also downloadable in PNG format, which makes it possible to use on all websites and applications. The best part is, it's all for free. TRUiC offers advice and guidelines on how to design and choose a logo best for the company and brand.

Our winner: TRUiC’s free logo maker.

Conclusion

Free tools do not mean fewer features. Saving time and money can be the difference between losses and profits when it comes to business.

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Tekno Consolas, Technology Knowledge, Business Creation and Development: How to Cut Your Budget Without Risking Performance, Business Creation & Development
How to Cut Your Budget Without Risking Performance, Business Creation & Development
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Tekno Consolas, Technology Knowledge, Business Creation and Development
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