| A June 23, 2005 news release from the
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| | overall cost of business operations.
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| Office of Advocacy, U.S. Small Business
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| | New Business Opportunities: The explosion
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| Administration, states that home computer
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| | of Internet and e-commerce has opened up
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| owners are slightly more likely to be
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| | a plethora of opportunities for all types
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| business owners than non-computer owners.
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| | of businesses. New management
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| This report reveals that technology and
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| | methodologies, such as Six Sigma are
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| computing has become an inseparable
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| | easier to implement due to statistical
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| ingredient in the business world today.
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| | software. Also, companies are able to
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| The Computer Trend - A Brief History
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| | train their own employees using in-house
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| The last two decades have marked an
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| | Six Sigma software programs, and as a
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| enormous increase in the number of home
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| | result, save money on labor costs.
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| computers. With it, computer owners have
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| | It is now possible to have many business
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| invariably taken to entrepreneurship in
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| | functions operate on autopilot. This has
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| many varied fields. Thanks to the growth
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| | opened up new opportunities for software
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| of technology, computers and the
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| | development companies and business
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| Internet, new methods have been developed
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| | consultants. Another business trend that
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| for processing everyday business
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| | has opened up as a result of advancing
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| activities easily. Without the advent of
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| | technology is outsourcing. It is now
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| technology, routine tasks would otherwise
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| | possible for a company in America to have
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| have taken and enormous amount of time
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| | its data entry and customer service
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| and specialization. Undoubtedly, the
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| | centers in overseas countries such as the
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| computer represents the top technology
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| | UK. In this way, companies can service
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| development in the last century as it
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| | their customers 24/7.
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| relates to businesses today, both large
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| | Indispensable Components of Small
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| and small. Advances in the field of
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| | Businesses
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| technology have created a vast number of
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| | It is difficult to think of a situation
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| business opportunities.
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| | where businesses can do without
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| Some Statistics
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| | technology and computers today. It is
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| In 2003, the U.S. Small Business
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| | extremely difficult to say whether
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| Administration produced a report/survey
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| | businesses depend on computers or
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| that established conclusively that more
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| | computers created business opportunities.
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| than 75% of small businesses owned
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| | Software Specific To Small Businesses
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| computers and had heavily invested in new
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| | Certain powerful, yet simple software has
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| technology. Let us try to understand what
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| | come to the rescue of small businesses in
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| the computers mean to businesses and how
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| | reducing their tasks and opening up new
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| they contribute to increase their
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| | channels. Simple applications like
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| productivity.
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| | spreadsheets and word processing helps
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| USE OF COMPUTERS IN BUSINESSES
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| | them maintain accounts, finances and keep
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| The fundamental reasons for the
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| | track of correspondence. These
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| popularity of computers with small
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| | applications allow the users to customize
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| businesses are their efficiency, speed,
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| | reports and other functions to suit their
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| low procurement cost and more than
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| | particular business.
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| anything else, capability to handle
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| | Drawbacks
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| multiple tasks with little chance for
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| | Both men and women in business have
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| error.
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| | adapted successfully to new technology.
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| Office Routines: Almost invariably,
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| | But the SBA report cites the general
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| businesses loaded with the burden of
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| | decline in skill levels of people, which
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| increasing workloads and the pressures of
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| | may eventually result in an overall
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| being lean and mean, fall back upon
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| | reduction of income levels. It seems that
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| technology for most of their
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| | people get used to technology doing all
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| administrative tasks. This work includes,
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| | the work and tend to neglect their skill
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| among others, bookkeeping, inventory
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| | development. It is up to individual
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| managing and email. The advent of the
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| | companies to make sure that their
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| Internet has also substantially
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| | employees are still able to do crucial
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| contributed in bringing down the costs of
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| | tasks without the assistance of
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| communication and marketing. In a
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| | computers, if necessary.
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| nutshell, technology has reduced the
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