Home Business Start Up Needs a
Software Inventory Tool
In today’s world, home business start up operators handle a lot more
equipment than operators did 20 years ago and to make it less stressful you need an equipment and software
inventory tool. You may have equipment specific for producing product e.g. silk screen equipment plus you will
have the normal computer and associated software that all businesses use. Due to manufacturers continually
improving equipment we are often forced to constantly update our equipment and/or software and a software
inventory tool becomes essential for any home business start up.
If you were asked to list all of the equipment and software packages you owned, let alone what their codes were
and when their guarantees ran out; would you be able to do so? Of course not - and why should a busy entrepreneur
even have to try to, when all he or she has to do is to refer to their software inventory tool; their Register!
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No
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The Register you need to have at your fingertips:-
1. The date the equipment was purchased;
2. When you registered the guarantee (how much time have you spent looking for this when a piece of
equipment breaks down?);
3. What is the serial number (ever had a piece of equipment stolen? – the first question the police
ask...);
4. Not only do you need to know the cost, but also the replacement value (you are insured, aren’t
you?)
Home business
start up operators can access this
FREE Template for a software inventory tool – a
Register
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In this register you could also consider maintenance (however, this could also be a separate template) - if
asked last time your printer had maintenance - would you know? You could just wait until it breaks down and then
have it looked at; but surely that inconvenience can throw you into stress overload; as it will inevitably break
down just as you are in the middle of a big job with a deadline to meet. It is much more efficient and cheaper for
you to choose the time for maintenance! Your software inventory tool, your register, is the place to have all this
information recorded.
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Case Study of the Importance of Having
a Software Inventory Tool for
Home Business Start Up
Jeff Day wanted to have a special piece of software he had heard about that would make his
workload easier. So he went and purchased it. It wasn’t until he went to install it on his computer
that he discovered he already had it - it was included in a bundle of software that was on his
computer when he purchased it. If he had a register and kept his records up to date he would have
known and saved himself the time and cost let alone the embarrassment!
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TIP for Home Business
Start Up on Using Your Software Inventory Tool
When keeping a register consider writing down the purpose of the software
too - if you are not a wiz kid with these things - it will help you to better understand what you
have and what support it can give you.
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Low
Cost

If a home business start up has a website, then they also need an
autresponder. This video will explain why and show exactly how to set
one up.
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