How to Go About Choosing Software for Your Small Business

One of the most important decisions a small business has to make is investing in the right software solutions. Technology is a key resource for companies of any size; daily operations depend on it. In today’s competitive business landscape, it has become essential for small businesses to leverage technology, especially software solutions, to maximize productivity and keep operating expenses low. Before start-ups can leverage the technology, they must first purchase or acquire the right software solutions to meet the needs of their business. This task is undoubtedly intense and takes time and effort. But it doesn’t have to get you over the wall.

Adjust your budget

As a small business, it is only natural that budget is your first concern. You will need to decide what part of your total budget can be used for software purchases. Will you be able to afford a large upfront payment or do you prefer to make monthly payments? Once your budget is set, you can explore funding sources and payment methods.

Determine your needs

Solving any business problem begins with identifying needs. What value will a given software solution offer your business? Which software is good but not entirely necessary for your job? These are some decisions you need to make. The software needs of a small freight business may differ from those of a content marketing start-up. By understanding your priorities and reviewing the processes you currently have in place and which you expect to include in the future, you can draw up a list of key requirements. As part of this process, you will also identify key areas within your company where software solutions can be implemented.

Here is a look at some of the common areas of business where software is required for day-to-day operations:

Accounting: Accounting and bookkeeping are pretty mundane activities for which you’d rather have a software product to help you! On a serious note, it is imperative that your small business keeps track of finances efficiently and without errors. If you need a centralized accounting and bookkeeping system from which to quickly extract tax or expense data, well-rated accounting software is the way to go.

Small business desktop accounting software

1. AccountEdge Pro 2012

Pros: Comprehensive, easy to use, a good choice for multi-user support

Cons: Importing data from other programs isn’t easy

2. Intuit QuickBooks 2012เว็บไซต์พนันออนไลน์ที่ดีที่สุด

Pros: A good choice for accounting newbies, easy setup, convenient calendar view, allows sharing of custom report templates

Cons: Lack of inventory functionality, limited user support

Some online accounting options and SaaS (software as a service)

1. Freshbooks

Pros: Helps in document and project management, offers several add-ons

Cons: Little help online, can get expensive for multiple users (starts for free and goes up to $ 149 per month)

2. Outright

Pros: Available for free, easy interface

Cons: Doesn’t support electronic tax payments or state tax tracking

3. Kashoo

Pros: Available for free (allows a maximum of 20 transactions per month), great interface

Cons: Doesn’t offer item tracking or US payroll

Inventory management: if timely and efficient order fulfillment makes a difference