Off-the-Shelf or Custom Software: What’s Best for Your Business? [Infographic]

Being an entrepreneur may be daunting for many people, and with good reason. There are so many aspects of managing a business, and you need to wear multiple hats at the same time just to sustain that energy until your business picks up steam and grows by itself.

Luckily for aspiring entrepreneurs, it’s easier than ever to get started. Nowadays, there are many tools that can help companies with business processes like HR and payroll so that they can focus on working on their business, instead of in it.

Businesses can also choose from different tools that solve different business problems. For instance, if you’re looking to enhance the competitive advantage of your team, you can search for firms that can build a bespoke software that works specifically for your needs. That way, you’ll have a tool that none of your competitors have—giving you that edge in your industry.

On the other hand, if you’d rather prefer a simple, easy-to-use tool that is freely available and doesn’t take too much time to set up, then there are hundreds of SaaS solutions to choose from that can fit your budget.

This infographic contrasts the different aspects of custom software and off-the-shelf solutions, as well as how they can help businesses achieve their goals.

There is no perfect tool that works for everyone, and this guide gives managers and decision makers a rough outline to help them pick the best software type for their business.