Run A Small Business? How Asset Tracking Can Help You

In this guide:

Why Sticking To Your Old Ways Is A Bad Idea
Why Tracking Your Assets Is Important
How To Start Tracking Your Assets
Tips For Tracking Your Asset’s Location
How An Asset Register App Can Save You Money

In this guide:

Why Sticking To Your Old Ways Is A Bad Idea
Why Tracking Your Assets Is Important
How To Start Tracking Your Assets
Tips For Tracking Your Asset’s Location
How An Asset Register App Can Save You Money

Like you, millions of people in this country run a small business. Businesses such as these occasionally grow into big businesses or remain very successful small businesses. In either case, if you want to give your company/enterprise, etc. a fighting chance you need to track your assets.

When you start tracking your assets you begin to understand how they’re used. Additionally, you gain more control over every single asset. A direct result of this is that you can ensure the right assets are used in the right location by the right people. With this much control thanks to the use of an asset register app, you can give your business a fighting chance.

Why Sticking To Your Old Ways Is A Bad Idea

Sticking to your old ways is never a good idea if a better one comes along. For example, some small businesses might keep a list of their assets in a notebook. Others may use a spreadsheet or nothing at all. Quite simply, there are much better ways of tracking your assets.

All that you need to do is start using an asset register app that accurately tracks your assets 24/7. You can track your hardware assets, your software, your tools and vehicles, and so much more. When you stick to your old ways you fail to reap the rewards that are reaped when using modern tracking tools.

Why Tracking Your Assets Is Important

Tracking your assets will essentially give you the control you need to scale up your small business. Tracking your assets really can make such a difference to the way your business is run and how it performs. A small business is likely to have far fewer assets than a large one. What this means is that every single one of your assets is very valuable. If a few of your assets were to break down (and it’s likely they’ll break down when you’re at your busiest), it could cause problems. This is where an asset register app could make a big difference. An app such as this could help you to have more control over the maintenance side of things. Providing you with a solution, a register app is an uncomplicated way to have more control.

How To Start Tracking Your Assets

Starting off is relatively simple. All that’s required is for you to affix a barcode to the assets that you want to track. You can’t, of course, affix just any type of barcode. You need to use those that work with a tracking app.

Once you’ve added your barcodes you can scan each one using your chosen device. Did you know that you can use your new tracking app on a range of devices? This makes using an app such as this very convenient.

Now your barcodes are attached, it’s time to scan one at a time. When you do, you’ll see a digital profile pinging up on your device. You can add as much information to the profile as you wish. In fact, the more you add the better.

Tips For Tracking Your Asset’s Location

You may appreciate a few tips if you’ve never used an asset register app before. Below, you’ll find some that could prove to be very useful.

Checking assets in and out is easy using the app and it’s a feature that allows you to track everything more easily. It also ensures your assets are safer. Using this feature can make life easier.

Make use of the feature that allows you to assign assets to others if it’s available. When you do, you’ll always know that the right people are using the right assets. Additionally, this feature ensures that your assets are more secure than ever before.

How An Asset Register App Can Save You Money

When you start using your asset register app for the first time it’ll start to save you money. The longer you use the app, the longer it’ll actually save you money.

One very useful way that the app will save you money relates to asset maintenance. If, when you set up your digital profiles you added maintenance reminders, you’re already on your way to saving money. This is simply because you’ll receive an alert when maintenance is due on each asset.

When you routinely send assets for examination and repair they end up being in better condition. A direct consequence of this means you could spend a lot less purchasing replacement assets. Your assets will be in a better condition all of the time.

Finally, as your assets will now be tracked, you’ll have fewer lost or stolen assets. Therefore, you will save money from day one. It makes sense for your small business to track assets, doesn’t it?

Would you like to speak with an expert about using an asset register app to help you track your assets? Contact us today at team@itemit.com.