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Ask Slashdot: How To Run a Small Business With Open Source Software?
First time accepted submitter ahree writes "I'm starting up a restaurant with my wife and a few friends and, well, I'd like to support the OS community and hope that this is a way to do it. Simply put, we need to take care of bookkeeping, accounting & payroll and I'd rather not use QuickBooks. I've heard of some options that are open source (GnuCash), some that are cheaper & simpler (WaveAccounting), but I'm wondering what your experience with them (and others) has been like."
My first thought is that opening a restaurant is one of the hardest things in the world to do. If going open source helps lighten your load or costs in a significant manner and makes the restaurant launch more likely to succeed, then swell.
If however its going to be a case where you cant get support, stuff doesn't work, and nobody is available to help bail you out when fixing your software isn't in the top 50 on your priority list...
This is excellent advice, and I would add a bit more to it. Are you looking at Open Source because you're a Linux guru who is used to managing such types of systems, or because you want to save the money that you'd otherwise spend on QuickBooks and Windows licenses? If it's the first, then also consider how much time you'll have to be the sysadmin on top of your other non-IT duties there. If it's the second, then forget OSS. You'll save less than a thousand dollars, in exchange for which you'll have another learning curve thrown at you while trying to open your first restaurant. Restaurants have, as I recall, an 80-90% failure rate in the first year; don't give yourself more to have to deal with to save a tiny bit of money. Your IT infrastructure won't be large, but it MUST be functional and reliable.
For your security, this post has been encrypted with ROT-13, twice.
However, on business financials....do NOT skimp on this. You need to track costs, billing, etc.....this is especially true at EOY when having to deal with your CPA, and the IRS. It is tough enough to have to deal with the myriad of laws and regulations the state and feds put on small businesses, go with something that is set up to help you out and accurately track finances, payroll, etc.
I'd recommend going with Quickbooks. It is almost a 'standard'...which makes it easily portable between you and your CPA.
Don't cheap out....get a good CPA to help keep you honest on your taxes....a good one will help you squeeze out every penny to keep for yourself legally, while being conservative enough to keep you off the IRS' radar.
This is business...and $200-$300 invested on this....will help you out in the long run...and hey, you can write the QB purchase off on your taxes.
Light travels faster than sound. This is why some people appear bright until you hear them speak.........