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Small business accounting software / Small business bookkeeping software — How to buy.There are lot of small business accounting / bookkeeping softwares out there. If you are a small business owner looking for a good software, you are bound to get overwhelmed by the endless list pretty quickly. Which one to buy? What features do they come with? Should I get all the features or just the ones I need? The questions go on and on without answer. If this is what is happening to you, don’t despair. There is hope. Read on. By the time you are done reading this short post you will be armed with all the knowledge you need to make an informed buying decision. First some questions about you.
How big is your business?
Small business as defined by Small Business Administration is any business that is privately owned and employs less than 100 employees. Good enough. If we analyze this definition a bit closely we will quickly see that 100 employees is a big number. Assuming that you are paying $3000/month to each employee you are paying out $300,000/month as salary. If you own a business this big chances are you will not be looking for an accounting / bookkeeping software via internet. Sales agents from software companies will be waiting at your door to sell their software to you. Going by the fact that you are searching for a small business software on the internet you probably own a much smaller business. How much smaller? I think you own a business that has less than 5 employees. Most probably even less. Just one employee. Yourself.

What are you selling?
Are you selling a material product? or just services? Do you make the product or just buy it pre-made? Do you have a real store or you are selling via your web site? How do you find your customers?

How much is your data volume?
If you have a thriving business then you will have good data volume. How much it it? How many orders per month? How many new customers per month? How do store the data? How much data? What is expected growth rate of the data

Do you have a web site?
Nearly all businesses, big or small have web sites these days. Do you have one? If not your should get one. Would you like your software to integrate seamlessly with your web site? Would you like to be able to access your small business accounting / bookkeeping software via the internet?

 Your choice of small business accounting / bookkeeping software will depend upon the answers to above questions. Assuming that you have one person company you want something that is easy to use, some that can be accessed remotely form anywhere and it can grow with your company. Right? … Right!OK, one more thing that we did not discuss. Underlying technology. Even though it may not be visible, it is very important to know what kind of technology your small business software is using. After all it is the bed rock on which the software is built. Things may get a little complicated here but I will try to make them as simple as I can.Every small business accounting / bookkeeping software essentially does one thing. It store data. Data is information about your business. Customer names, addresses, products, orders, invoices … all are examples of data. So for a small business software to work efficiently it should be able to store data efficiently. Not only that, it should also be able to modify and retrieve data efficiently when you need it. After all what is the use of a black box software that cannot provide you the data when you need it. You still with me? Good.There are two ways to store data.
Flat file
Relational

Flat file method uses flat text files, much like notepad files, to store data. It is old and archaic.The reason: it cannot hold any relationships among data entities. e.g. you want to store customers name and their invoices. You know that one customer can have many invoices. So to store customers and their invoices you will have to repeat customer name each time you store an invoice. Just like below.customer1 — invoice1customer1 — invoice2Problem with this approach is that you have to repeat the customer name every time you want to store an invoice. This is not efficient.Relational method uses relationships to store data. It is more efficient. Look at the same example that uses relational method. It uses customer name only once.customer1– invoice1– invoice2Elegant isn’t it? You bet. It is much cleaner, more efficient and easier to read. If you are still with me we are almost done. The whole point of the above song and dance was to show you that relational storage method is superior to flat file storage method. It should be an important factor to consider when you buy your small business computer software. Now, there are five major small business accounting / bookkeeping software.Quickbooks from Intuit , Simply Accounting, Peachtree (again from Intuit), Sage and Microsoft Small Business Accounting Software. Agreed?Now the bombshell. None of these small business software use relational storage method! Can you imagine? Wait there is more. All these are propriety software written by the big companies who use large scale ERP (Enterprise Resource Planning) software that runs on unix (not windows or mac) and uses relational database (relational storage method) to run their own businesses. Did you get what I just said. Let me rephrase. All these so called best small business software companies DO NOT USE THEIR OWN SOFTWARE. They use relational storage software, but they sell you non relational storage software in the name of small business software. The reason? Relation storage method is very expensive. Well not any more!

When looking at any home based business opportunities, try and stay away from the no work get rich quick merchants.The best home business are those that don’t tell you that there is no work to be done, get rich making money from home advertisements are a dead give away be careful.Making money from home is possible however it all depends on the opportunity that you elect to go for. The Internet is full of MLM or home based direct selling companies out there, that will get you making money from home, however finding the best home business that suite your needs can be difficult.I have put together a small list of thing to check out before you decide to jump in to any home business opportunity.1) Firstly don’t get caught up in all the hype when deciding what type of home businesses you should be getting involved with, leave your emotions at the door.2) Pick the best home business that interests you, as well as something that excites you. May be something you like doing because that’s the whole point of working from home and for yourself.3) Your home based business is a proper business, So treat it like one. Act like you you have just invested $100,000 into your business opportunity. How would you organize yourself? How would you spend your time? what would your thought process be?4) When you start making money from home, don’t forget the tax benefits however always put some money to one side, so you don’t get stung with a big tax bill and no cash to pay it with.5) Although you can set up a home based businesses for little money your initial investment will not be the only money you will need to invest. So allocate a percentage of your money for investment back in to your business venture.6) The most important thing in your business is you, so invest in you Inc.7) When you get to grips with the way the Internet works, then home based business opportunities will start to open up to you. Network-marketing, Internet Marketing, Click Bank, Ad sends and the list goes on and on and it is ever changing.Just pick one Skill master that, and then pick the next one.The idea is auto pilot home based business that pay you money all year round.8) So you have picked your business opportunity and you are ready to get going. The first skill you will need to master is traffic generation, no traffic no business. There are lots of products out there that will teach you how and lots of courses that are designed just for lead generation.9) Do your market research. Find out what your customers want from you and give it to them.10) The best recommendation I can give anyone who is deciding about starting a home based businesses venture is to do your due diligent.Talk to the people who you are going to join if it is an MLM or Direct sales business. Go onto forums and find out about the Internet home based businesses arena before you get involved or invest any money. If the whole thing check out then go for it with all you passion and energy and make it work for you.