Software needed by home businesses

hbiz — Wed, 02 Apr 2008 10:00:36 +0000

The software needed by a home business depends to a large extent on the nature of the business. While every home based business will need an accounting software (though very small businesses can keep track of income and expenses using MS Excel), some home business opportunities will provide some software packages as part of their start up kit

The different types of software developed for home businesses are:
1. Email and contact management software : most are inexpensive

2. Accounting software (discussed in earlier post)

3. For MLM type home businesses, custom software is available at mlmsoftwaresolutions.com . A free trial is available. It tracks the downline, products sold , given as sample free or at discounted rates and products taken for personal consumption

4. For non-digital goods, a software to calculate shipping costs may be required. The cost will differ depending on the company / agency doing the shipping like FedEx, UPS, United States Postal Service, DHL and Canada Post. It also varies according to the weight of the product and the location from it is drop shipped.

Accounting Software for home based businesses

hbiz — Tue, 01 Apr 2008 12:38:07 +0000

Most home business owners do not have much time or money to spare, so they are looking for the a simple, user friendly and inexpensive accounting software. Most people have Windows XP installed, so the software should be compatible .

The popular accounting softwares for home businesses are:

1. Quickbooks: costs between $100-300, suitable for businesses with complex accounting entries

2. Quicken : costs about $50, has fewer features than Quickbooks (though developed by the same company) , bank information to the program can be directly imported from the online banking account to save on data entry time

3. Turbotax – for doing taxes at the end of the year.

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Software needed by home businesses

Accounting Software for home based businesses