The collaborative like-minded economic government efforts of politicians and business leaders in the European bloc have enabled it to create one of the world’s most sought-after free-trade areas. Whether it’s a small business, large corporation, or perhaps a new startup; the EU is home to some of the world’s most developed economies.
Today, the European Commission has announced that nearly 23 million small businesses are operating within the European bloc. Around 90% of these businesses employ 10 people or less. With these estimates, European businesses are on the fast track to creating new and more financially viable opportunities for employees. Altogether, businesses in the EU have been leveraging government efforts to help them grow and expand.
The work done by governments has laid the foundation for young entrepreneurs and startup owners to create innovative business tools that can aid EU businesses to expand in the coming year. So what are the latest business tools loved by business owners? Here’s a look at the top 5 tools European businesses love.
Holded was founded to help startup owners and young business entrepreneurs. Prices have been established to be more attractive for those business owners who have limited resources. Holded is a Business Operating System, looking to offer clients services such as HR, accounting, financial management, CRM, and even more. What has made Holded so attractive is its smart integration with eCommerce platforms such as Amazon, PayPal, and Shopify. Reigning from Barcelona, Spain this is a truly European business management tool. Offering business owners a solution to daily operational issues.
With such a large talent pool to choose from, finding the right employee and managing the paperwork that goes along can be challenging. Personio, a Munich-based startup has enabled small businesses to find the right employee for the right job. Since its founding in 2015, Personio has grown to be used in more than 35 countries and manages 150,000 employees. Its fully integrated HR operating system streamlines the entire HR management process. This enables HR managers to store, operate, and collect employee data easily, in one simple place. Personio is a business tool that looks to make HR management a lot easier, especially if you’re working with employees from various countries.
Many European businesses have now understood the value of the home office. So many European companies have now encouraged employees to work from home to mitigate the spread of the novel coronavirus. How do you manage remote teams with different projects in various countries? The answer is Trello. A fully digital communication tool to help manage projects, track progress and effectively communicate with employees. Trello has helped small businesses, especially those that can work remotely to organize tasks easily. Trello is a free and simple business tool, and employees can work from anywhere, while project managers can track daily progress.
TRUiC or The Truly Useful Information Company is host to a small digital library of business tools and resources. From Business Name Search generators, LLC incorporation tools, finding registered agents, and business guides – TRUiC has it all in one place. TRUiC has given insight to thousands of business owners, allowing them to understand how easy, and seamless it can be to start a new business. Even more, TRUiC offers guidelines, articles, and a host of other resources all for free. No matter what kind of business you’re operating, this platform caters to the needs of the entrepreneur.
Email marketing remains one of the best communication methods between businesses and their clients. A staggering 49% of consumers receive promotional emails weekly. Consumers are also more likely to shop for products and services if they received email communication thereof. MailChimp has offered a pre-built template, with 1-click automation and pre-loaded segments. The platform has changed this for so many businesses, especially in the EU, where cross-country shopping and deliveries can easily be done. It’s a simple and very cost-effective way for companies to retain customers.
European businesses are now looking towards innovative tech and software to help drive their business. In a time with limited freedom of movement, and a growing online community of business tools, these are only a drop in the ocean compared to what businesses can achieve with advanced tech tools.