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 turned into an inseparable ingredient in the world of business today.

The Computer Tendency – A Simple History

The last two decades have marked an enormous rise in the number of home computers. To entrepreneurship in several varied fields, computer owners have invariably taken with it. Thanks to the growth of computers, technology and the Internet, new methods have been developed for processing regular business activities easily. With no arrival of technology, routine jobs would otherwise have taken and enormous amount of specialization plus time. Undoubtedly, the computer symbolizes the top technology development in the last century today as it relates to businesses, both little and big. Advances in the area of technology have created a vast quantity of business opportunities.

Some Statistics

In 2003, the U.S. Small Business Administration produced a report/survey that established conclusively that more than 75% of small businesses owned computers and had heavily invested in new technology. Let us make an effort to know what the computers mean to businesses as well as the way in which they contribute to boost their productivity.

USE OF COMPUTERS IN BUSINESSES

Office Routines: Almost invariably, businesses loaded with the weight of growing workloads as well as the pressures of being mean and lean, fall back upon technology for the majority of their administrative jobs. This work includes, among others, stock handling, bookkeeping and e-mail. In bringing down the expenses of advertising and communication, the arrival of the Internet has also considerably contributed. The bottom line is, technology has really 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 many types of businesses. New management methodologies, such as Six Sigma are simpler to execute as a result of statistical software. Additionally, firms are able to train their own workers using in-house Six Sigma applications applications, and as a consequence, save money on labour costs.

It is now possible to possess many business functions work on autopilot. It’s opened up new chances for business consultants and software development businesses. Another company craze that has opened up as an effect of advancing technology is outsourcing. It’s now possible for an organization in The Usa to have its data entry and client service centres in overseas nations such as the UK. This way, companies can service their customers 24/7.

Essential Components of Small Businesses

It is tough to think of a situation where businesses can do without technology and computers now. It is very hard to say whether businesses depend on computers or computers created business opportunities.

Software Particular To Small Businesses

Specific powerful, yet straightforward software has come in opening up new channels and reducing their jobs. Easy programs like spreadsheets and word processing helps them maintain accounts, finances and keep track of correspondence. These programs enable the users to customize other functions and reports to accommodate their specific company.

Drawbacks

Both women and men in company have adapted successfully to new technology. However, the SBA report mentions the general decrease in ability degrees of people, that might eventually result in an overall reduction of income amounts. It seems that people get used doing all the work and tend to fail their skill development. It’s up to individual companies to make sure that their employees remain in a position to do jobs that are critical minus the assistance of computers, if required.