Workers who are considering setting up their own businesses during the
economic downturn will benefit from new business tools like online
As the recession hits home, in the form of large scale layoffs and
hiring freezes, more and more workers will think about setting up their
own businesses. Some will go out alone as consultants in their area of
expertise, while others will seek a lifestyle change and launch
themselves into something completely new.
Regardless of the approach taken, everyone who is considering
establishing a new business has at least one thing in common: they have
a lot to learn. The risks of setting up a small business are high, as
are the potential rewards. Fortunately, a new generation of web-based
business software can remove much of the headache and the risk from
running a small business.
Leading online accounting system Xero, for example, is a brilliant
resource for small businesspeople who are not accountants themselves.
Unlike other web-based accounting software, Xero has been designed
specifically with non accountant business owners in mind.
“We set out to create an online bookkeeping system that would
have all the advantages of software delivered over the internet, but
which would be a pleasure to use,” says Hamish Edwards,
co-founder and UK MD of Xero. “Often, businesspeople and
entrepreneurs see accounting as a bit of a headache, but by designing a
web-based accounting system that looks great and is intuitive to use,
we think they’ll see it in a new light.”
Xero is a great product for any company where workers or advisors (such
as investors or accountants) are based in different locations. Everyone
who needs to can view the company accounts online, making collaborative
planning much easier. “I would recommend to anyone who is
thinking about setting up their own business, to use web-based
accounting software ,” says Edwards.Further link and information >>>>