Just as important, you must establish policies and safeguards to ensure awareness and honesty among your personnel. Because computer systems can be used to defraud as well as keep records, you should check into a computer security program. Finally, careful screening when hiring can be your best ally against crime. Carefully consider their loyalty and respect for you as the owner-manager. Small business today faces growing inventory requirements, increased customer expectations, rising costs and intense competition.
Computers can provide information that leads to better returns on investment.
At the same time, they help you cope with the many other pressures of your business. Computers are not cure-alls, however, and considerable care should be given to deciding if you need one, and to selecting the best computer system for your business. Once you have taken care of your building and equipment needs you also must have enough money on hand to cover operating expenses for at least a year. These expenses include your salary as the owner and money to repay your loans. One of the leading causes of business failure is insufficient start-up capital.