A June 23, 2005 news release in the Office of Advocacy, U.S. Small Business Administration, states that home computer owners are slightly more likely to be business owners than non-computer owners. This report reveals that computing and technology has become an inseparable element in the business community today.

The Computer Tendency – A Short History

The last two decades have marked an enormous increase in the amount of home computers. With it, computer owners have regularly taken to entrepreneurship in several varied areas. Thanks to the growth of technology, computers and the Internet, new strategies are developed for processing regular business activities readily. Minus the arrival of technology, routine tasks would have taken and tremendous quantity of time plus specialization. Undoubtedly, the computer represents the top technology development in the past century as it relates to companies now, both little and large. Progress in the area of technology have created a vast variety of business opportunities.

Some Statistics

Let’s try to understand how they contribute to increase their productivity as well as exactly what the computers mean to businesses.

USE OF COMPUTERS IN COMPANIES

Office Routines: Almost always, companies loaded with all the burden of increasing workloads and also the pressures of being mean and lean, fall back upon technology for most of the administrative tasks. This work contains, amongst others, e-mail, inventory managing and bookkeeping. In bringing down the costs of advertising and communication, the advent of the Internet has also considerably contributed. In summary, technology has reduced the overall cost of business operations.

New Business Opportunities: The explosion of Internet and e commerce has opened up a plethora of chances for all kinds of businesses. Additionally, businesses can train their very own workers using in house Six Sigma applications programs, and as a consequence, save money on labour costs.

It’s now possible to possess many company functions work on autopilot. It’s opened up new opportunities for business consultants and software development firms. Another company style which has opened up as a consequence of improving technology is outsourcing. It’s now easy for a business in The Usa to have its data entry and customer service centers in foreign nations for example the UK.

Indispensable Elements of Small Businesses

It is tough to think of a situation where companies can do without computers and technology today. It’s extremely difficult to say whether businesses depend on computers or computers .

Software Particular To Small Businesses

Certain powerful, yet simple applications has come in reducing their endeavors and opening up new channels. Easy applications like word processing and spreadsheets helps them maintain finances, accounts and keep track of correspondence. These programs enable the users to customize other functions as well as reports to match their special business.

Drawbacks

Both women and men in business have adjusted to new technology. But the SBA report cites the general decrease in skill rates of individuals, which might eventually lead to an overall reduction of income amounts. It seems that folks get used to technology doing all of the work and have a tendency to fail their skill development. It is up to individual firms to ensure that their employees continue to be in a position to do endeavors that are crucial with no aid of computers, if necessary.