One of the most revolutionary technologies to appear in the past few years has been cloud computing. The idea that you no longer need to store data or even host applications on your own computers or servers is a proposition that truly opens up possibilities for small businesses. One of the ways cloud computing changes things is in accounting, as the Intuit Small Business Blog discussed last week.
One of the major issues of using cloud-based accounting can be cost. For example, a desktop accounting package might run you $200. A cloud-based solution might cost $25 per month or more. That’s a staggering difference when you factor in the concern that the desktop package may last your business two years or more.
For some small businesses, that price point is what’s holding them back.