In the digital
world we live in today, having a stellar startup concept alone just isn’t
enough to facilitate success. Nowadays, startups need to manage, deliver, and
analyze their concepts with innovative tools in order to stay competitive.
entrepreneur is under the impression that he or she has the best idea for a business
— nobody has ever come up with something so clever, so appealing, so needed,” Serenity Gibbons explained in a
Forbes article. “But there’s a big
gap between coming up with a great idea and executing on it successfully.”
planning to daily ops, having a tool in place that maximizes the process for
efficiency and productivity is essential. Here are X essential management tools
every startup needs in 2019.
1. Project Management Tool
management is absolutely essential for the success of any startup. Those early
stages of launching products and/or services, creating client value, remote
team collaboration, and more can be pretty chaotic and stressful. But having an
innovative project management tool in place
can ease the beginning startup tensions and challenges.Project management
Real-time project planning
Ability to collaborate easily
Review and approval management
Ease of integration into other tools
certainly the traditional project management tools, like Asana and Trello. But
new innovative project management tools are being launched annually, and 2019
will surely have some new tools worth trying out.
2. Financial Management Tool
The number two
reason why startups fail is running
out of money, behind lack of market. This makes having a financial management
tool in place critical to the success of your startup in 2019 and beyond. This
actually may require a few different tools rolled into a toolset for absolute
financial efficiency and productivity.
financial management asset to consider is finance tracking. Using business
financial platforms are a good start and some are pretty streamlined. You will
also need a way to get paid for your products and/or services. Implementing business
invoice software can be a startup lifesaver with customer
ease of use, automated workflow, and more.
3. Design Management Tool
startup is designing anything, like in the case of a digital marketing or website design agency, you will
need a stellar design management tool. Design tools can streamline projects,
allow for real-time collaboration and feedback, and bring clients into the
conversations about their projects with ease. If you have yet to implement a design
management tool, 2019 is the time to make it happen.
design management tool is InVision. It is a lightweight tool that is easy to
use. It is especially great for web design, since team members, developers,
clients, and content strategists can mark up sites and share ideas and comment
on what needs to be accomplished on a single web page during staging and prior
4. Document Management Tool
will compile documents pretty fast, and being able to manage them all without
anything important getting lost is essential. This is even more important in
2019, since regulations on site security and the personal information and data
of customers are a top security protocol priority. Document management tools
like Dropbox or even the old standby, Google Drive,
can be great for your startup to organize, share, collaborate on, and secure
documents. The best part is you can easily scale these tools as well.
5. Communication Management Tool
for a startup to communicate effectively is absolutely essential, and a tool
every startup needs in 2019. You can not only create internal team groups, but
also communicate better with clients, wherever they may be in the world.
methods of communication such as phone calls and emails are somewhat slow and
can experience challenges leading to delays in the channel,” according to The Startup Magazine. “However,
with the modern smart communication tools, vendors and clients can be invited
on board to interact directly with your team. This ensures instant approvals,
decision making, and feedback, making the process faster.”
management tools like Slack or Skype can ensure your team and clients are
always up to date, offering feedback and insight, and keeping workflow
In Conclusion . . .
essential management tools in place are vital to the growth and success of your
startup. This goes without saying in the digital era we live in today. The
chances of your competitors using management tools are pretty high, so if you
want to stay competitive, ensure you have your own strategy for leveraging
these tools ready for 2019.
About Author: Que Jay
I am a startup enthusiast with core expertise in startup marketing and growthhacking. I also love to explore new technologies!