The Benefits of Technology in Business Expansion

It seems that technology is an inevitable roadblock or an elevated path in any business expansion plan depending on how business owners see it.

We don’t argue as much these days with our clients about adopting digitization as part of their growth plans but rather are prodded by them for advice on how they should digitize their business and what angle they should use it for.

Whether you are in F&B, logistics, education, manufacturing or retail, technology stands to help you reap huge benefits.

While we have a guide for different businesses to consider digitsation angles, it would be too much information to put in here plus a lot of writing (Yes, we don’t use Chatgpt for our articles! We lovingly hand type them!)

Here are some benefits that I hope will resonate or strike a chord with you (whichever music connotation you prefer) and you can consider applying it to your business.

1.Control

Technology is a great way to bring an element of control regardless of the place your partner is at.

a. Monitoring

Monitoring revenues, delivery times.

An app we work with called “KidsOnline” tracks children’s attendance in preschools and even takes a picture to show anxious mums that their children are in school.

KidsOnline is a growing app that serves over 1,200 preschools in Vietnam.

“Little Lives”, a similar app also produces detailed reports for its preschool clients so they can monitor their centers performance.

b. Shut down

Your tech can also shut down errant partners who do not pay.

Impac Media, a tech company based in Singapore explained that when licensees do not pay for the app (Appress – a platform that transforms powerpoint slides into apps), they can remotely shut down access to their partners while waiting for them to pay.

2. Support

Your platform can be a great way to slowly introduce content to your clients on a subscription mode if you are an education company.

If you are an F&B or retail store, your tech can be a good way to support your partner’s operations and introduce the concept of systemizing and accounting for inventory.

3. Scalability

During the pandemic period, Wall Street English in Indonesia, just like most education platforms, experienced better levels of growth as their outreach started to get beyond their retail centers.

The market’s adoption of tech was expedited and it translated (especially for mature learners) into wider acceptance of online learning.

This list of advantages are not just things we plucked out of a book, but fair and implementable changes you can do to your business.

We have implemented systems for education, manufacturing, hotels and water treatment businesses with these factors in mind.

To find out more on how we can bring better control to your business, contact us through the details below.

About Us

Curt & Co. is a business consulting company focused on the South East Asian region.

We complement our clients through extensive market research and due diligence, providing thorough, feasible and financially efficient growth methods for our clients in the region.

We provide 3 main pillars of services including

· Overseas Business Expansion Consulting

· Marketing

· Business Operations Outsource

Clients have the advantage in ​accessing our network in our help whether to meet partners, set terms for franchisees or licensees or negotiate with direct clients in closing a deal.

Our offices are located in Singapore, Indonesia, Vietnam and Philippines.

Find out more on us : www.Curtconsult.com

Contact Us : marcus@curtconsult.com