O|Miga - Comprehensive Outsourced Accounting & HR

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Small business trends to watch in 2022

With a new year comes new opportunities to advance your operations. Every year, and recently, every few months, there are new trends, apps, and ways of doing business sprouting up simply to survive the pandemic. Some trends stay, like remote work, and some fade with time. For entrepreneurs here are a few to look for in 2022.

  • E-commerce: Businesses that sell products and services online have become huge due to the convenience of easily and safely purchasing from home and on mobile devices. This allows business owners to eliminate some overhead costs brick-and-mortar locations require.

  • Access and communication: Part of making business run smoothly is prioritizing access to information and collaborative communication. When it comes to your finance and accounting functions, real-time data and proper access levels improves relationships with partners and within the organization.

  • Cashless payments: Credit and debit cards, mobile and digital wallets, and payments apps are all available options that have to be managed for customer satisfaction. Integrating these with your accounting software is made simple with the right resources in place.

  • Outsourcing: Most small businesses looking to expand and early-stage companies can cut down on costs by opting not to hire full-time employees. This is especially true with the permanent shift to remote work models. Expertise with lower administrative costs make sense and give flexibility to existing operations.

Partnering with top tech partners and our delivery model of real-time access with custom access levels gives our clients a smooth transition no matter what trends arise.