Skip to main content
  1. Home
  2. Deals

Digital Trends may earn a commission when you buy through links on our site. Why trust us?

This Tool Can Seriously Help You Grow Your Small Business

Briley Kenney
By
A man using QuickBooks software on a laptop.

This content was produced in partnership with Intuit.

Whether you’re starting a business, or you have a well-established venture up and running already, you’ll need a bit of support to play in the big leagues. Large organizations have a lot more resources at their disposal, including an inordinate amount of funds to work with for marketing, tools, software, and much more. While you may never be up to their speed, you do have a lot of options, if you know where to look. Intuit’s QuickBooks Online and QuickBooks Payroll, for example, are powerful tools that can help small businesses grow and thrive. These software solutions provide a wide range of benefits for business owners, from streamlining accounting and financial management to automating payroll and tax reporting. Below, we’ll explore some of the ways that QuickBooks Online and QuickBooks Payroll can seriously help your small business grow.

Efficient Accounting and Financial Management

One of the most significant benefits of using QuickBooks Online is that it makes accounting and financial management simple, efficient, and relatively automated. QuickBooks Online allows you to manage your finances from anywhere, whether you’re at the office or on the go. You can track income and expenses, create and send invoices, and even manage your bank accounts and credit cards directly from the platform. This is huge if you’re running a smaller, e-commerce business where you have invoices, expenses, and costs going out — and coming in — from a wide variety of sources. Dropshipping store, anyone?

With QuickBooks Online, you can also generate financial reports with ease. These reports can provide you with valuable insights into your business’s financial health, including cash flow, profits and losses, and balance sheets. Armed with this information, you can make informed decisions about how to grow your business and manage your finances more effectively. You can also take on major challenges or hurdles, like an economic downswing or stagflation.

In addition to these features, QuickBooks Online also integrates with a wide range of other software solutions, such as payment processing systems and inventory management software. This means that you can create a comprehensive financial management system that meets all of your business’s needs, helping you stay organized and efficient as you grow. It also puts you on an even keel with the larger businesses and organizations making waves in the market.

Automated Payroll Processing

Another critical area where QuickBooks can help your small business grow is payroll processing. QuickBooks Payroll is a comprehensive payroll management system that automates many of the time-consuming and error-prone aspects of payroll processing. Your employees want to get paid, and you want to make sure they get paid, promptly, and accurately.

With QuickBooks Payroll, you can easily manage employee hours, calculate payroll taxes, and generate paychecks. The software also handles tax filings and payments automatically, helping you stay compliant with tax laws and regulations. This can save you a significant amount of time and effort, allowing you to focus on other areas of your business that truly matter, like perhaps procuring some new goods to sell or optimizing a new service to provide your customers.

In addition to these benefits, QuickBooks Payroll also integrates with QuickBooks Online, making it easy to manage all aspects of your business’s finances from a single platform. This integration also means that you can generate comprehensive reports on payroll expenses, helping you manage labor costs and make informed decisions about hiring and staffing.

Improved Cash Flow Management

Cash flow is critical for any small business, and QuickBooks Online can help you manage your cash flow more effectively. The platform provides a range of features that can help you stay on top of your revenue and income, including automated invoicing and payment reminders.

With QuickBooks Online, you can create and send invoices to customers, vendors, or partners quickly and easily. The software also sends automatic payment reminders, helping you get paid faster and improving your cash flow. In addition, QuickBooks Online can connect to your bank account, allowing you to see your financial movements in real-time to make informed decisions about spending and investments.

Better Time Management

A business owner using QuickBooks Online on a laptop.

As a small business owner, your time is valuable. QuickBooks Online and QuickBooks Payroll can help you save time and streamline your operations. With these software solutions, you can automate many of the time-consuming tasks associated with accounting and payroll processing, freeing up time to focus on other areas of your business. You’ll be able to step away from your office or your desk more frequently, and with greater confidence knowing that everything is being sorted and handled appropriately.

In addition, QuickBooks Online and QuickBooks Payroll provide comprehensive reporting features that can help you stay on top of your business’s performance. Because it automates many of these processes and provides easy-to-use reporting tools, QuickBooks can help you stay organized and efficient as you grow and scale. The latter is important because sometimes scaling a business calls for shifting to new platforms, software tools, and other sources that can handle larger and more frequent tasks, but QuickBooks is inherently designed to grow with your business.

When all is said and done, Intuit’s QuickBooks Online and QuickBooks Payroll are powerful tools that can help small businesses like yours grow and thrive. These software solutions provide a range of benefits, from efficient accounting and financial management to automated payroll processing and improved cash flow management. By using these tools, small business owners can save time, focus on the most important aspects of their business and operation, and scale, without worrying that it’s going to break the solutions they put in place. QuickBooks will scale and grow alongside your business, and it’s an excellent comprehensive solution that you can adopt virtually anytime — whether your business is just starting, or has been thriving for a long while.

Editors' Recommendations

Topics
Briley Kenney
Briley Kenney
Senior SEO Copywriter
Briley has been writing about consumer electronics and technology for over a decade. When he's not writing about deals for…
Level up your company’s social media strategy with Sprout Social
Sprout Social main office entrance with brand logo in full view.

This content was produced in partnership with Sprout Social.
Although virality and exposure are important qualifiers to any successful marketing campaign, driving revenue, customer loyalty and a real, measurable impact on business metrics is at the heart. Every day, social media leaders need to equip their teams to build and deliver marketing campaigns that impact the bottom line, while balancing community management and brand reputation. All of these responsibilities and opportunities require endless innovation for businesses and social media managers to connect directly with their customers to create personalized experiences that last past the first impression and purchase. The sophisticated ecosystem of today's social media also speaks to a more sophisticated user base, with customers having higher expectations that present both unique challenges and untapped opportunities. But how do you make sure your social campaigns, experiences, and content are reaching the right audiences and driving revenue? A centralized platform that unifies the world of social is how businesses can see social differently in their industry and can take it to the next level.

Strong business intelligence is the key to creating or improving on successful campaigns in almost any capacity. After extracting real, practical business value from content and channels, leaders can leverage those insights to make decisions that help the business grow. As a social media management platform, Sprout Social illuminates insights and data from social media conversations in a central, easy-to-use platform, increasing team efficiency and campaign ROI — without sacrificing authentic connection in the customer experience. Our platform streamlines workflows all in one place, so your team can easily elevate your brand story and rightsize the high volume of incoming messages, relationships with customers, and review management challenges. Most importantly, it is designed so users can nimbly manage social communications. It also gives leaders peace of mind, knowing their teams have the most intuitive capabilities to boost and cement the company's market leadership with easy-to-use social media management. Read on to learn more about what Sprout Social can do to help you optimize your social media strategy and better connect with your customers.

Read more
Start your business on the right foot with QuickBooks Online
A woman using QuickBooks software on a laptop.

This content was produced in partnership with Intuit.
Starting a new business is no small feat, and that's true regardless of how big your team is, whether you're a young entrepreneur hustling solo or you have a crew on your payroll. But modern and digital tools make it a whole lot easier, offering both convenient and highly-capable solutions for the average business. You can do things that big businesses do, but with far less resources. For example, Intuit's QuickBooks suite helps you auto-track business income and expenses, pay your employees and partners, and file your taxes, streamlining and automating your bookkeeping. In fact, QuickBooks is one of the best solutions for managing a business, and QuickBooks Online kicks that up a notch.
gives you anytime, anywhere access to business tools for stress-free financial planning and more. Let's take a close look at how Intuit's suite, including QuickBooks Online and , are changing the small business world for the better.

Tools that will help your business grow and thrive
Running a new small business can be quite limiting in the sense that you don't have the budget or the resources to utilize the best of the best. When tracking money and finances, for instance, too many young entrepreneurs and administrators fall into the trap of using messy, complex spreadsheets and shy away from the most innovative big-business tools on the mistaken assumption that the software is too complicated. The opposite is the case: Spreadsheets may work for a while, maybe even longer than expected if you're truly organized, but eventually you're going to run into some serious limitations. These kinds of disjointed manual solutions also don't afford the benefits of modern automation in the way that a financial toolkit like QuickBooks can.

Read more
Dashlane will secure and change your online experiences for the better
Dashlane password manager for better security.

This content was produced in partnership with Dashlane.
Picture this: You're trying to log in to a service, but you forgot your username because it's unique and doesn't use your email address. Unfortunately, you don't remember your password either. First, you'll need to recover your username and then go through the motions to change your password. But here's the thing: After you log in with your new password, there's no guarantee you'll remember it again a day later or longer. There should be a better way to manage and recover your passwords.

Cybersecurity, or rather the security of your data, is something that concerns everyone. One of the best ways to protect yourself, personally and professionally, is to make sure that you're using secure passwords, along with two-factor authentication wherever applicable. Also, you should never reuse passwords across accounts, which is something that, admittedly, can be quite challenging to do. Keeping track of all your passwords because you likely have so many online accounts is not just troublesome, it's downright impossible. There is just no way to keep tabs on all of that information without writing it down, typing it out, or recording it somewhere.

Read more