By Tom Argiro, Owner of HBG Consulting
December 28 2020
Business intelligence tools have not been traditionally available for small businesses until recently. There are several solutions out there now, including the tool we built, knowing exactly what small businesses need.
Business Intelligence can help you increase profits, streamline internal operations, capitalize on opportunities, and reposition your competitors. The problem is, many small business owners don’t know what business intelligence (BI) is, what BI Tools are designed to do, or how it can help them. This article will shed some light for you.
Most organizations collect large amounts of information. Your customer files, accounting software, prospect files, and other systems contain information about your organization.
However, all of that information is trapped in systems designed to manage specific business functions. These systems are not designed to interact with each other.
Large enterprises have entire systems and teams of software developers with one main function. These teams gather data from all the other systems throughout the company. They generate dashboards, scorecards, data analytics, and visualizations about that collective information.
Small business owners usually do not have access to such a powerful decision-making tool. They may not even realize that such a possibility exists.
Imagine for a moment, as a small business owner, if you had a way to gather, filter, analyze, visualize, and interact with all that information. You could gain some important insights about your organization. You would see trends in data that you may not be aware of. You could explore opportunities. You could close gaps on weaknesses within your operation, and reposition the competition.
The process of analyzing historical and current data, exploring that information in a new way, and helping you reach intelligent business decisions is collectively defined as “business intelligence”.
Most Business Intelligence Tools (BI Tools) are usually too expensive and out of reach for small businesses. They typically require expensive custom software, or an expensive data analyst on payroll.
If you had access to a BI tool, these are some of the educated, informed, data-driven decisions that BI could assist you with:
Considering everything we mentioned above, we know that small business owners need the power of BI to make informed decisions.
We also know that you normally couldn’t afford a custom BI solution.
We used our 30 years of corporate BI experience, combined that with experience running small businesses and supporting non-profit organizations, and discovered our new super power. We then leveraged that super power and invested the time and energy to create a flexible BI tool for small business owners and non-profit organizations. Now you have access to a powerful, flexible BI solution. You can gather, filter, analyze, visualize, and interact with all that information normally trapped in various business applications, like never before.
We want every business that’s serious about improving their current situation to have access to the power of business intelligence.
Learn more about Business Intelligence. Discover how you can apply BI to your organization.
Schedule a demo now.
About Tom Argiro – Owner of HBG Consulting LLC and Executive Director of the North Phoenix Chamber of Commerce. Tom understands the pain points chamber leaders experience with membership engagement, retention, new member growth, and generating revenue outside of membership dues. Mr. Argiro comes to chamber leadership with a unique background as a software engineer for over 30 years in fortune 100 companies. Combining knowledge from both fields gives Mr. Argiro the ability to develop needed solutions for the problems chamber leaders face.