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In multiple large organizations, the total number of functional areas that support the products of the mainline functional areas is huge. For each employee who goes into the field, large organizations have a rate of staff who work behind the scenes to support, guide and follow-up. But when you are running a small business, you cannot afford the luxury of different departments. Most probably, the employees you have all relate to the main line of your business activity and if you do have a miscellaneous assistant she/he doubles up as a HR Manager, a House Keeping and Maintenance Manager and your personal secretary. With small corporations, multi tasking is the way to excellence. And small business utility should have similar attributes.

It is 100% significant to have small business program that effectively manages accounting for your business. While larger businesses would generally have an army of number crunchers to take care of their book keeping, as a small business owner, you need to guarantee that your accounting is in order. And luckily for you, there is specific small business tool that will be suitable for your requirement. This kind of small business program will not just tabs your revenue and outflow, but will also evolve formats for you to draw up your profit and loss accounts, your petty cash flow etc.

Fairly similar to the above is small business application that tracks time. Next to money, time is the most pertinent aspect of your operations and you need small business program to help you keep tabs of it. Such tool typically integrates with your existing tools like the Microsoft Outlook Express, Calendar and appointments to streamline the way you conduct your business. Apart from this, it will also calculate the quantity of time you spend on meetings, the time you spend on traveling, the time you spend on the telephone and the time you spend doing other administrative duties. When all the above have been processed and figured into the overall time you spend on the business, you can get a discernable picture of what you should be charging in order to make each hour profitable.

Human resources is yet another target where small business application can help you reach efficiencies. If your business has a limited total amount of staff, (normally under 20) you can use personalized small business software to administer the human resource functions. The processes that would be covered under such program include recruitment, sourcing, hiring, pay and negotiation, attendance, conflict resolution, payroll etc. When you use small business program built specifically for such purposes, you eliminate the need to invest in a physical human resource department and can work and organize your human resource processes virtually and much more efficiently.

Other ordinary small business software include a paper organization software to streamline paper details stored with regard to your business, marketing efficiency application to track the efficacy of your social interaction processes, web management utility to own and operate your small business website and even small business program that are specifically customized to help you secure loans from financial firms.

About the Author: Discover the right project management program for you and your career.