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Technology and small businesses

We are living in an era where time is as valuable as money. Having an idea is not enough if it is not executed in-time. This is when technology comes into place. It reduces the time for any small business to come into market and that time in return can be used in developing the business for its growth. Recently I came across a fine article about the same on agreatplacetobe blog.

Talking about technology, any business – small or existing one – for sure requires accounting software. Managing the same on own can be truly time consuming and can decrease the efficiency. Instead, if an online technology for the same is obtained it can create great results. For example quickbooks.in helps you run your business anytime, anywhere by helping you in making informed decisions.

Small business statistics for UK states that:

There were an estimated 5.2 million businesses in the UK which employed 25.2 million people, and had a combined turnover of more than £3,500 billion

Small firms accounted for 99.3 per cent of all private sector businesses in the UK, 47.8 per cent of private sector employment and 33.2 per cent of private sector turnover.

For any small business, some basic technology is must, be it a website or a project management software. That not only automates the process but also keeps the structure easily traceable anytime in future making it easy for a small business to run and ultimately grow further.


Posts by SpeakBindas Editorial Team.

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