2023 Best Small Business Product Reviews

For entrepreneurs, sole proprietors, and small business owners, it’s important to know how business decisions can impact your personal finances and vice versa. Here are the basics, resources, tips, and strategies to help you navigate small business ownership. If you are self employed or you have a side gig that supports your day job then the success of your small business or side gig will play an important part in your personal finance. Preparation and planning is key for a successful business.

We reviewed the best small business products that will support you through the four different stages of your business.

Building a New Business
Running a Business
Growing a Business
Scaling a Business

Building a New Business - Small Business Solutions To Establish Your Business

You have a big and bold vision and you have set your plan in motion. The next steps are finding the best small business products and solutions that you need to to hit the ground running. From creating a legal structure and brand, to marketing and sales of your business product and vision, we provide you with great solutions there that so you make the right choice for your business.

Best Company Registration Provider

Creating a legal structure for your business, so that it is a separate entity is an important step with building a business. Click here to find firms that will register your business according to the local laws and regulations where you reside.

Best Business Plan Software

Having a business plan that articulates your business model and that will help keep you track of your different plans including go to market/ launch plans, and operating plans. Learn more of the different software to use.

Best Lead Generation Software

Generating leads and interests for your business is crucial to the survival of your business and business continuity . Click to see some the best small business products that will benefit your business.

Best Client Acquisition Software

Client acquisition is an important process of growing your business. Finding a great tool to support your business strategy and find new customers is key is important. Click to see some of the best products for client acquisition.

Best Web Hosting Services Review

Choosing the right web hosting service is an important step into building your business and brand. We have provided a list of web hosting companies that can support you and your business.

Best Marketing Automation Software

A good marketing automation tool will help to boost your business revenue by helping you target your potential customers at sweet marketing channels that they will patronise your products or services.

Best Website Builders Reviews

Are you going to DIY your website or will you delegate this task out to an agency. Learn more to find website themes that you can use to build professional websites yourself or some website builders that you can hire to build your site.

Best Email Marketing Software

Email marketing is a great marketing tool that will help to combine all your marketing funnels to increase your audience and contact list and grow your sales. Please click to see the best small business products in this category.

Running a Business - Small Business Solutions For Your Day to Day

Day to Day operations of your small business involves asking yourself, what bank accounts and credit cards should I use, what insurance needs you have, what technology should I use, or do I need to hire people, what skills am I lacking, or do I need professional advisors. The daily tasks for your business will require solutions and products and we will review best small business products that you can make informed decisions from.

Best Business Current Account

Once your business starts receiving and making payments, it is time to set up a business current account that will suit your business needs. Take a look at some of the business current accounts that you can open for a small business.

Best Business Credit Cards Reviews

Having a business credit card may be beneficial to running your daily business operations. We have reviewed small business credit cards with offers and rewards that will be beneficial to your business.

Best Merchant Services Reviews

Your business may require payment processing, payment gateway or even a loyalty program. A good and reliable merchant service solution will help your business, click to see some of our top picks of merchants that can support you.

Best CRM Software Review

A good CRM will track all your interactions with prospective and existing customers and can positively impact your customer service and sales conversion. See our best CRM for your business.

Best Small Business Insurance

Insuring your business against threat, business risks of getting sued or accident is smart. We have reviewed a selection of small business insurance including Health Insurance and Dental Insurance that will cover your business

Best Recruitment Software

As your business progresses, you may require certain skills, build a team or professional help to assist you in your business. Here are our top list of recruitment tools that will help you in your small business.

Best Access to Funding Review

Every business needs capital and funds to run its operations, and even grow. Finding funding for your business or start up will go a long way. Here are a list of fund sources that you might be of help for your business.

Best Cash Management Tool

Cash is king and cash flow is crucial for any business. A good cash management flow will help you keep track of your incoming and outgoing cash and maintain a positive cashflow to plan ahead. Here are some of our top picks.

Growing a Business - Small Business Solutions To Grow Your Business

Your small business is growing, you are innovating, creating new products, upgrading to new features, new processes and have new offerings. Growing a business is hard work, but there are products out there that can come useful in helping you manage the growth of your business. We have a selection of tools and software that will support your small business growth. s

Best Customer Experience CX Software

Good Customer experience gives a good impression to your product or service. This will also improve customer loyalty and increase return customer. Click to see our top picks of CX software.

Best B2B Software as a Service

B2B SAAS companies provide businesses with software such as apps, extension, add-ons to optimise their sales, marketing and customer services to generate revenue. Here our top lists of B2B SAAS Companies that you can work with.

Best Remote HR Software

As a growing business with employees working remotely, having a good HR software system to remotely manage recruiting, payroll, benefits management and maintaining employment policies. Learn more on our top picks.

Best Business Loan Review

Business loan is a type of finance offered to small businesses to continue running its operations. We have reviewed some of the best business loans out there that will suit your small business loans based on your business needs.

Best SEO Software Tools

You own a website and you want to optimise your site to be searchable and improve the online presence of your website. SEO is very vital for your business. Click here to see best SEO tools in the market.

Best Software Documentation Tools

As you grow your business, you may want to consider having to bring all your documentations into one central platform that can be accessed online and easily. Please click here to see some of our top picks .

Best Project Management Software

Growing a business means managing small to large projects. Using a project management tool will be valuable to organise and manage your various projects. See some of the best project management tools for your business.

Best Process Improvement Software

You may want to improve your business processes, maybe improve your product or service quality, a good process mapping tool will come in useful. Click to see our top list of business process management tools

Scaling a Business - Small Business Solutions To Expand Your Business

Your small business is growing and growing sustainably. Scalability of you business means that you are managing increased demand while maintaining or increasing your profit margin as sales increases. Your business revenue continues to increase without a substantial increase in costs. Scaling involves intense planning, strategic investments, seeking funding opportunities and investing in technology. We will look at the best software that will support your scaling strategy.

Best Treasury Management Software

A treasury management software will help you automate, evaluate and consolidate all your financial data for analysis. We have reviewed some of the best treasury management for businesses, click to learn more.

Best Merger & Acquisition Software

As part of your scaling plans, you may want to buy existing companies or merge with other companies. You may want to use M&A tools to help with prospecting and managing the deal till completion. Here are our top picks.

Best Change Management Software

To support a major organisation change within your business you will need tools to support and facilitate the end to end process of organisational change. Here are our top picks of best change management software tools.

Best Inventory Management Software

As you scale, you may find your stock inventory level begins to increase. A software to track inventory levels in warehouses and sales platform for efficiency in your sales and distribution. Click to see some of our top picks.

Best Business Scaling Services

Are you looking to scale? or are you experiencing increased workload or increased demand in your business? Do you still want to maintain or increase the same level of profit margins as you scale. Please review systems and services available

What is a Small Business?

There is no universal definition of Small Business. They are mostly characterised by the number of people they employ or their annual turnover. In both UK and Ireland a small business is described as an enterprise that has fewer than 50 employees and annual turnover or balance sheet total not exceeding €10 Million. Small business makes significant contributions to the economy and produces a large percentage of the GDP of the economy and small businesses are also a huge employer of labour. Small businesses are incubators of new product and services ideas. They play an important role in innovation. Most important inventions trace their roots to small businesses. Small business built and managed right can grow 1000 times its current size. Small businesses thrives in all industries, but they are mostly concentrated in service, construction and retail industries.

Sources of Finance For Your Small Business?

Capital and funding is a crucial part when starting a new small business. It can be a major challenge for entrepreneurs. Choosing the right source of finance is just as important as choosing the legal structure or your company location. It is a very important decision, so learn to do your research and make sure to know the right kind of capital to raise and the kind of business need.

Finance for small businesses can come in different forms.

Small business grant programmes
Bank Loans and Lines of credit
Building Societies
Credit Unions
Invoice Discounting
Leasing
Peer to peer financing.
Non Bank Fintech Lenders
Buy Now Pay Later Schemes
Purchase order financing
Bridge loans
Crowdfunding
Venture Capital

Deciding on a Legal Structure

The legal structure of your business idea is dependent on the how may people will own the business and the type of business and service that you will provide. There are 4 basic types of business structure:

Sole proprietorship: choose this if you are the sole owner of the business.
Partnership (general or limited): If there are many owners to your business, a partnership is your best option.
Limited liability company: if your small business will engage in risky activities and you require an entity that provides a personal liability protection which will shied your personal asset from business debts and claims.
Corporations: If your business plans to raise capital by selling stocks to the public or want to provide employee stock options then a corporation should be your legal structure.

How to Start a Business?

Step1: Test your business idea by carrying out a market research and your competition

Step2: Develop a business plan, financial plan and Launch Plan

Step3: Choose a legal structure and pick a business name.

Step4: Raise and Finance your Business

Step5: Start managing your risk and avoid unnecessary risks.

Step6: Launch Your Business.

What is the Cost of Starting a Business

The cost of starting a business depends on the type of business. We will just list a typical startup cosrs.

Company registration
Office Equipment purchase
Rent Office space
Website design
Branding
Office furniture and supplies
Business insurance
Payroll

Important Plans That You Will Need Before You Start Your Business

Business plans
Financial Plans
Sales and Marketing Plans
Launch or Go to Market plans
Operating plans
Business model Canvas