Office space has often been considered a premium, although advances in technology and access to these resources have vastly changes this perspective. For minimal start-up investments, many entrepreneurs are finding that building a business has become much more efficient with less risk. Part of this is due to the best practices that are employed in developing the structure and operation of the company, but part of this is also due to the prevalence of technology in the modern world.
The Mobile Revolution
The introduction of personal computers into the social consciousness marked the beginning of this shift, and also led to a burst of enterprising energy. Although the initial bubble on this process was exponential, it was also hard to support. While increased access to business resources initiated the trend, sustainability was lacking due to:
- Insufficient analytics
- Poor reporting on performance
- Mismanagement of budgets and expenses
Currently, these issues are less of a challenge, as mobile channels for work and information access provide much of the support that had been initially lacking with startups. Current provisions, including an expense app for android not only let employers stay present with budgetary operations at all times, but it also means scalable access that is not geographically limited.
This also connects to the prevalence of mobile devices for personal and professional use, and this can provide greater stability for a company. An expense app for android can further allow for employees to be able to send expense requests for authorization in real time, and can also allow for photo-imaging of receipts, which significantly cuts down on paper work and streamlines the workflow.
Technology will continue to influence business practices, although whether they become good ones can be based on how well owners fit these applications to their company. However, mobile access, an expense app for android, and the ability to oversee the business from anywhere will also mean that the best use of time and resources can lead to corporate expansion with ease.