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Talkshop: Turning to technology can help business owners become more efficient

(DESCRIPTION) Hashtag Talk Shop With Small Business Owners. U.S. Bank, the power of possible

Factory assembly line. Sanding the exterior of a metal electronics enclosure

(SPEECH) [MUSIC PLAYING]

Hey, This is Kris Terp. I'm the CEO of 1 Micro.

(DESCRIPTION) Punching information into a mounted touch screen display

(SPEECH) We manufacture high tech systems that control all the keys for car dealerships all around the world.

(DESCRIPTION) Holding up one of many car keys stored in a large organized drawer

(SPEECH) The only finite resource we have in life is time. So when you're running a small business, one of the challenges is your to-do list.

The to-do list is balanced by the stop list.

(DESCRIPTION) Equipment rolls across the assembly line.

(SPEECH) What can I stop doing that I do on a daily basis, that I can save time or become more efficient at? One of the things that I used to do every day was drive to the bank and drop my checks off and make my deposit. Now, with U.S. Bank, I can automatically scan all my checks and it saves me hours every week.

My local U.S. Bank rep introduced me to ePayment Express.

(DESCRIPTION) Assembling large circuits in server room racks. Employee working on equipment in the factory.

(SPEECH) It helps me process credit card transactions. And it saves me about 10 hours a month. And that time means discretionary time, for me to use it on anything that I want. If technology can save me time, that's time I don't have to take from other areas of my life.

(DESCRIPTION) Kris and employee work together on large pieces of equipment. Hashtag Talk Shop With Small Business Owners. U.S. Bank, the power of possible

Talkshop: Turning to technology can help business owners become more efficient

Most business owners don’t have a lot of spare time, but technology can help streamline best practices.

Tags: Best practices, Innovation, Technology
Published: November 08, 2019

Kris Terp, CEO of 1 Micro, talks about how his banker helped him take advantage of technology to save time and get back several hours a month, which is key for a business owner.

 

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