By Arjun P.

In today’s world technology has only enhanced the businesses of both major and minor corporations all over the globe. Thanks to information technology the world has become a global market for micro businesses to find their footing without having to fear about the loss of investment. Technological advancement has given these businesses easy access by the general mass with the development of phone applications. Smart-phones are enabled with the necessary software application which allows micro businesses to communicate and correspond with the buyer directly. Social networking sites have become a utility tool for not only promoting business but also an excellent way to review and get access to commodities.

Like every drop of water contributes to the formation of an ocean, in the same way micro businesses are contributing to the growth of the global economy. With a few hundred and more upcoming and future micro enterprises being set up by the hour, there are more than a million people working towards a better economic development globally. With the increase and rapid growth in information technology there is a direct exponential growth in micro businesses.

Technology has become the backbone of micro businesses and is integral to the success of the global economic system, hence giving micro businesses the right leverage to ensure independence and self-sufficiency. With search stations flooding the world wide net, micro businesses can now launch and make them available to every nook and cranny of every country throughout. Websites, advertisements in web-pages, blogging, are just a few ways technology has aided micro businesses in making themselves accessible to people around the world.