<center>![20230603_183007_0000.png](https://files.peakd.com/file/peakd-hive/idksamad78699/23xVefaiq1PMdfNCsAL1zeitzA2tzvQitVgGpnnmwuGgC5upt6WsgvTjJATZcdUYHTgaF.png)</center><center><i><sub> Lead image Created & Edited using [Canva](https://play.google.com/store/apps/details?id=com.canva.editor) </sub></i></center> 


<div class="text-justify">Living in a modern era where technology gives us more and more choices and options in everyday life to improve and improvise in different fields.

<br>Since the rise of technology we have seen multiple businesses becoming giants in tech space and so with vast coverage of internet over the world now it is a lot more easier to build a business.

Most of us don't want to do 9 to 5 jobs their whole life and wanna start a business even from a small setup once there's a foundation laid already than it can build the right thing when they know how to [leverage](https://leoFinance.io/post/@leoglossary/leoglossary-leverage) technology for their businesses growth and efficiency.

<center><h6> How easy it is to start a business? </h6></center> 

In present time, it depends on just few things that matters to begin with a [business](https://ecency.com/post/@leoglossary/leoglossary-business). Which includes; 

* Idea 
* Investment 
* Knowledge with experience 

An <b>idea</b> is second main requirement for a business first one will be investment. Having an idea about what is more in demand in that particular space could be e-commerce, local shop or anything and where you can fulfill the supply like which area, place or platform. 



I always have a mindset of doing business but it requires more [investment](https://leoFinance.io/post/@leoglossary/leoglossary-investment) which I've not saved yet even though there is multiple ideas to do business in my mind but it will take time to reach the target and execute it which is going to be whole lot tougher for the one who have no experience before. 

I've gained the <b>experience</b> by working 9 to 5 In food restaurants, store and I'm sure if I choose those particular field where I've Experience. I can pull this business off way too nicely with the experience and <b>knowledge</b> I've got on the internet and through the help of technology. Does that sound easy? It never meant to be easy but more of a work with responsibility though [technology](https://leofinance.io/post/@leoglossary/leoglossary-technology) could make it quite easy for you.  
<hr>
<h6> Ways to Leverage Technology for Business Growth and efficiency </h6>
Most of business stays like where they've begin with even after years, some do get failed or quit despite of having a good idea and purpose behind the startup and business module.

<br>I've seen multiple local businesses around my place who don't have any [website](https://leofinance.io/post/@leoglossary/leoglossary-website), marketing plan and no customer support or even no roadmap and in my opinion it is because of limited knowledge not knowing how to do that or in other scenario one doesn't want to invest in their own business to grow more. It's all about choices a d those who want to grow always look for the options and possibilities. 

This is how [technology](https://leofinance.io/post/@leoglossary/leoglossary-technology) can help your business. 

<b> 1- Expanding Your Business Market Reach </b> 
We can expand the reach of business over the world through internet various social media platforms or own website and e-commerce marketplaces.


<center>![network-3524352_1920.jpg](https://files.peakd.com/file/peakd-hive/idksamad78699/23xeb9ZgyAcDrSYW7kzKMGA9GgB2VX9CRpytnCL9ytbKWuqaL3JFR3cv4Q5NyCxRgfdLy.jpg)</center><center><sub><i>Image by <a href="https://pixabay.com/users/geralt-9301/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=3524352">Gerd Altmann</a> from <a href="https://pixabay.com//?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=3524352">Pixabay</a></i></sub></center>


Depending on where that product demands is in rise, where you can find it for cheap and possible to [supply](https://leofinance.io/post/@leoglossary/leoglossary-supply-and-demand) and sell for higher profit in other side of the world.

Expanding the [market](https://leofinance.io/post/@leoglossary/leoglossary-market) reach is necessary to grow and well established business more like diversification in this era cuz inflation is peaking, [fiat](https://leofinance.io/post/@leoglossary/leoglossary-fiat-currency) is losing value so it is more better to have demands other than where your business or product is locally located.

 <b> 2. Marketing of Product and Business is essential</b>

To sell a product online we need to do some marketing which is possible by hiring a freelancer or either at your own.

There are tools like to create graphics is more easier with Ai and even to write about your product ai like ChatGPT exist but with that you need to get clicks and more visibility by using proper [SEO](https://leofinance.io/@leoglossary/leoglossary-search-engine-optimization-seo) or creating ads Compaign which requires some [money](https://leofinance.io/post/@leoglossary/leoglossary-money).


<center>![digital-marketing-1433427_1920.jpg](https://files.peakd.com/file/peakd-hive/idksamad78699/23wMh2bGJPxHiPV72jzjEtmmoB2oFBYsRSoHZiPgLvnBmwzEJBNQZKhzbCcoBeFbWxhgP.jpg)</center><center><sub><i>Image by <a href="https://pixabay.com/users/photomix-company-1546875/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=1433427">Photo Mix</a> from <a href="https://pixabay.com//?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=1433427">Pixabay</a></i></sub></center> 


Some collaboration with influencers if possible also works in business.  I believe there should be a budget to just [investing](https://leofinance.io/post/@leoglossary/leoglossary-investment) in business it's like you're investing in yourself for a long term sustainability. 

<b> 3. facilitating and Improving Customer Experience </b> 

Providing customer a great experience builds reputation of business and it is possible by facilitating customer support and building a bot like ai assistant can handle or manage that part where one can contact to ask for queries, a review section where new one can look for the quality and experience of others.

Delivering the product on time, right thing and refund policy etc. These all things matter and with technology we have nowadays it is possible to give a whole lot better user experience and customer satisfaction is what matters to build a long term trust can help with growth and efficiency when you can leverage it with [Artificial Intelligence (Ai)](https://leofinance.io/post/@leoglossary/leoglossary-artificial-intelligence) and [social media](https://leofinance.io/post/@leoglossary/leoglossary-social-media) platforms.

<b> 4. The use of Blockchain in Your Business </b>
Blockchain is creating multiple opportunities for business in the web 3.0 space through [tokenization](https://leofinance.io/post/@leoglossary/leoglossary-tokenization) and operating transparently.


<center>![bitcoin-3132574_1920.jpg](https://files.peakd.com/file/peakd-hive/idksamad78699/23u5bNzjFy6r3epYdrW8ejoLTDDGL72V8SrCvAvtEk6gCZiY9njik6wTrr1nTs7NJZND7.jpg)</center><center><sub><i>Image by <a href="https://pixabay.com/users/thedigitalartist-202249/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=3132574">Pete Linforth</a> from <a href="https://pixabay.com//?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=3132574">Pixabay</a></i></sub></center>


There are multiple ways to use Blockchain technology in business like by creating a token native [currency](https://leofinance.io/post/@leoglossary/leoglossary-currency) for your business that you accept or airdrop to loyal customers as an appreciation.

An NFT collection is another idea to bring more customers in Blockchain space.

The time is changing now we've [Ai](https://leofinance.io/post/@leoglossary/leoglossary-artificial-intelligence) in this space to not do repeatedly tasks and when things are going to change it is better to change the approach as well and adapt the new tech.


<hr>
<b> Wrapping Up...</b>

These are some of my ways I think could help grow [business](https://leofinance.io/post/@leoglossary/leoglossary-business) and be more efficient. It is going to need more productivity and efforts which every business does need.

Almost we all have ideas related to business but executing everything as it should be is something a difficult part which also needs some luck.

Well, in the end I would like to know what's your point of view for using technology to grow business.
There are so many possibilities and scenarios that could work for others.

<hr>
<center><i> Fin. </i></center>




<center><i>Your support is much appreciated. Don't Forget to hit Upvote, Comment and Re-blog.</center></i>
<center><sub>Thanks for reading.</sub></center><center><sub>Greetings.</sub></center>


<center>https://i.imgur.com/xTNA3Gk.jpg</center>
<center><i> All the content and images are mine except indicated. No copyright infringement intended. 03/06/2023.</center></i>





 

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