Importance of Computers in Small Business

Many of today’s successful small companies and businesses simply could not exist without computer technology. Each year, hundreds of thousands of individuals launch small businesses based from their homes or in small-office locations. They rely on inexpensive computers and software not only to perform basic work functions, but to manage and grow their companies. These tools enable business owners to handle tasks—such as daily accounting chores, inventory management, marketing, payroll, and many others—that once required the hiring of outside specialists (see Fig). As a result, small businesses become more self-sufficient and reduce their operating expenses.