This report shows that technology and computing is becoming an inseparable part in the business community now.
The Computer Trend – A Short History
To entrepreneurship in many varied fields, computer owners have regularly taken with it. Thanks to the growth of technology, computers along with the Internet, new procedures are developed for processing regular business activities easily. Minus the arrival of technology, regular tasks would have taken and enormous amount of specialization and time. Certainly, the computer represents the top technology development in the last century today as it relates to businesses, both little and large.
In 2003, the U.S. Small Business Administration created a report/survey that established conclusively that more than 75% of small businesses owned computers and had greatly invested in new technology. Let’s try and comprehend what the computers mean to businesses as well as how they contribute to boost their productivity.
USE OF COMPUTERS IN BUSINESSES
The essential reasons for the popularity of computers with small businesses are speed their efficiency, low procurement cost and much more than anything else, capability to handle multiple tasks with little chance for error.
Office Routines: Almost always, companies loaded with all the responsibility of increasing workloads as well as the pressures of being lean and mean, fall back upon technology for most of the administrative tasks. This work includes, among others, email, inventory managing and bookkeeping. The development of the Internet has also greatly given in bringing down the expenses of communicating and advertising. In a nutshell, technology has reduced the entire cost of business operations.
The surge of Internet and e commerce has opened up a plethora of opportunities for all kinds of businesses. Also, companies can train their particular employees using in house Six Sigma applications programs, and as a consequence, save money on labour costs.
It’s now possible to have many business functions work on autopilot. It’s opened up new opportunities for software development firms and business consultants. Another business craze that’s opened up as an outcome of advancing technology is outsourcing. It is now possible to get a business in The United States to have its data entry and client service centres in foreign nations including the UK. In this way, businesses can service their customers 24/7.
Indispensable Components of Small Businesses
It is not easy to think of a situation nowadays where businesses can do without computers and technology. It is quite hard to say whether companies depend on computers or computers .
Applications Special To Small Businesses
Particular powerful, yet simple software has come to the rescue of small businesses in opening up new stations and reducing their endeavors. Easy programs like word processing and spreadsheets helps them maintain finances, accounts and keep track of correspondence. These applications permit the users to customize reports and other functions to suit their specific business.
Both women and men in business have adjusted to new technology. However, the SBA report mentions the general decrease in ability degrees of individuals, that might eventually lead to an overall reduction of income amounts. It appears that people get used doing all the work and tend to neglect their skill development. It’s up to individual firms to make sure that their employees remain in a position to do crucial jobs with no aid of computers, if required.