10 Reasons Micro-Businesses and Self-Employed Pros Should Use Online Accounting Software

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Online accounting software

More and more businesses and self-employed professionals are making the move to online accounting software. Why? Following are 10 reasons you should make the switch.

1) Everything is one place. Everything is connected

Before online accounting software, micro-businesses and self-employed professionals had few choices. Often, they used the “shoe-box method” of accounting: throwing invoices and receipts into a shoebox which they’d hand over to their accountant or bookkeeper once per year. The few that performed their own bookkeeping and financial management used several disconnected methods (desktop apps, spreadsheets, word processing templates) and frequently did not have at-a-glance insight into finances. Read more

31 of The Best Cloud-Based Apps
for Micro-Businesses and Freelancers

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Cloud applications
It used to be that small businesses, solopreneurs, freelancers and alike were at a distinct disadvantage in terms of finding effective and affordable tools and technology. Now, thanks to the one-two punch of cloud computing and mobile devices, the playing field has been leveled.

What is Cloud Computing?

In the Flare blog post, What Is This “Cloud Computing” of Which You Speak?, that unravels this mystery provides the following definition from Eric Griffith, Feature Editor at PC Magazine:

Cloud computing means storing and accessing data and programs over the internet instead of your computer’s hard drive. The cloud is just a metaphor for the internet.

Penning an article on the same topic, The New Jersey Institute of Technology chimes in with:

Cloud computing is a process that allows users access to a certain set of shared resources. Data stored in the cloud, specifically on servers, is accessible from almost anywhere and can be used on demand.

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