Building Your Business Business Tools Best Small Business Software Help your business thrive with tools that save time and money By Michael Kurko Updated on March 30, 2023 Fact checked by Hans Jasperson Fact checked by Hans Jasperson Hans Jasperson has over a decade of experience in public policy research, with an emphasis on workforce development, education, and economic justice. His research has been shared with members of the U.S. Congress, federal agencies, and policymakers in several states. learn about our editorial policies We independently evaluate all recommended products and services. If you click on links we provide, we may receive compensation. Learn more. According to a 2016 survey, the average entrepreneur spends 68% of the time tackling day-to-day tasks and only 32% of the time on long-term goals, strategic planning, and other tasks that can help their business grow. Due to their limited operating budgets and small staffs, small businesses usually can’t afford the tools and systems that will help them streamline their daily operations. We reviewed dozens of software platforms built specifically to help small businesses take care of the tasks that will help them thrive. We chose the best based on common business needs, quality of the platform, ease-of-use, and affordability. Here are our top picks. Best Small Business Software of 2023 Best Free Software: Wave Accounting Best Website Builder: Wix Best Email Marketing Software: Mailchimp Best Project Management Software: Trello Best Team Communication Software: Slack Best Document Management Software: Google Workspace Best Small Business Software View All Best Small Business Software Our Top Picks Wave Accounting Wix Mailchimp Trello Slack Google Workspace See More (3) What Is Small Business Software? How Much Do Programs Cost? Are Programs Worth the Cost? Methodology Best Free Software : Wave Accounting Wave Accounting Sign Up Now Wave Accounting was created in 2010 by co-founders Kirk Simpson and James Lochrie who were frustrated by the lack of free and easy-to-use financial software for small businesses. Today Wave has more than 250 employees serving small businesses around the world. We chose it as the best accounting software because it lets small businesses track income and expenses, send invoices, scan receipts, track sales taxes, and more, all for free. Wave helps users connect multiple bank accounts and credit cards and set up profiles for multiple businesses to help keep track of income and expenses. The software organizes accounts, payments, and invoices to make tax time easier and also offers robust reports to help identify cash flow trends. Users can create and send professional, branded invoices from Wave’s dashboard or mobile app. The invoicing software can set up recurring invoices and automatic credit card payments for repeat customers and automatically syncs invoice and payment information with its accounting software. Wave’s mobile app lets users scan receipts anywhere and sync them seamlessly with their Wave account to help keep track of business expenses. Users can also scan receipts offline to be synced the next time the device is online. Although Wave is completely free to use, it also offers additional paid services, including accepting credit cards and bank payments and setting up payroll for employees and contractors. Wave Accounting Free accountingFree invoicingFree receipt scanning Wave Payments All Wave Accounting features2.9% + 60¢ per transaction for Visa, Mastercard, Discover3.4% + 60¢ per transaction for American Express1% per ACH transaction ($1 minimum fee) Wave Payroll All Wave Accounting features$40 plus $6 per employee/contractor per month (tax-service states)$20 plus $6 per employee/contractor per month (self-service states) Best Website Builder : Wix Wix Sign Up Now Wix was founded in 2006 by three entrepreneurs frustrated with the difficulty and expense of creating a website. Today, the company has a staff of 5,000 employees worldwide and 200 million users in 190 countries. We chose it for the best website builder since it lets users create professional-looking websites with no coding knowledge for an affordable price. Wix comes with hundreds of professional templates and a drag-and-drop editor, making it easy to create a professional business site in just minutes. Every website is designed to look great on mobile devices and features engaging effects including animation, video backgrounds, and scrolling. Businesses that want to sell online can take advantage of Wix’s advanced e-commerce features. Users can set up an online store, manage inventory and orders, and get revenue and conversion rate reports using a simple, intuitive dashboard. Wix also lets store owners accept payments via Wix Payments, PayPal, and Stripe and integrates with Instagram and Facebook. Although creating a basic website is free, upgrading to a paid plan is the only way to unlock Wix’s business and e-commerce features. All of Wix’s paid plans include a 14-day free trial, free hosting, Google Analytics, and the ability to link a custom domain. Business Basic Plan $27 per monthAccept online paymentsUnlimited bandwidth50GB storageConnect your domainRemove Wix adsFive video hoursGoogle AnalyticsFree domain for one year$600 ad vouchersVisitor Analytics app Business Unlimited Plan $32 per month100GB storageAll Business Basic Plan features10 video hours Business VIP Plan $59 per monthAccept online paymentsUnlimited storageAll Business Unlimited Plan featuresUnlimited video hoursPriority ResponseVIP Support Best Email Marketing Software : Mailchimp MailChimp Sign Up Now Mailchimp was created in 2001 by web design agency owners Ben Chestnut and Dan Kurzius who wanted to create an affordable email marketing service for small businesses. It has grown into a full-fledged marketing platform offering landing pages, websites, postcards, and more. We chose it as the best email marketing software because it offers small businesses high-level email marketing with both free and affordable paid plans. Mailchimp’s free email software makes it easy for business owners new to email marketing to get started. The platform offers premade email templates, opt-in popups and signup forms, audience segmentation, and basic personalization. Users also get a mobile app that lets them view campaign performance and send emails with just a few clicks. Mailchimp’s drag-and-drop templates let users create professional, branded emails with no design skills. A built-in analytics tool also keeps track of open rates and clicks, and segments data to help show what’s working and what’s not. Users can automatically send out targeted emails based on user behaviors, like a welcome message for new signups or a related product recommendation for a recent buyer. Most small businesses can get pretty far using Mailchimp’s free plan. The paid plans add more subscribers and lists as well as more detailed automations: Free Plan FREE500 subscriber limit1,000 emails per monthBasic email templatesIntegrations with 300+ appsLanding pages and popup formsSingle-step automationsSegmentationBasic reports Essentials Plan $13 per month (based on the number of subscribers)*50,000 subscriber limitMonthly email sends: 10x plan’s contact limit.All Free Plan featuresAccess to all email templatesA/B testingRemove Mailchimp footer24/7 email and chat support Standard Plan $20 per month (based on the number of subscribers)*100,000 subscriber limitMonthly email sends: 12x plan’s contact limit.All Essentials Plan featuresBehavior-based automationsMulti-step automationsSend time optimizationDelivery by time zone * Use the Mailchimp calculator to determine pricing based on the size of the email list. Mailchimp also offers a premium plan that starts at $350 per month, but this is geared more toward larger businesses. Best Project Management Software : Trello Trello Sign Up Now In 2011, a company called Fog Creek Software launched a prototype of a project management tool designed to solve high-level planning issues. Later named Trello, the software grew to over 500,000 users in just one year and 4.75 million by 2014. We chose it as the best project management software because it offers a free, flexible, and visual way to manage projects. Trello uses Kanban-style boards for task and project tracking and makes it easy to manage both individual projects and ongoing workflows. Its simple and intuitive interface lets users create custom boards and lists with cards that can include images, files, links, checklists, due dates, and more. Users can get started in seconds with a blank board or choose from hundreds of categorized templates created by other users that can be modified as needed. Trello offers integrations with Slack, Google Drive, Dropbox, and dozens of other third-party platforms as well as mobile apps to streamline collaboration and workflows. Trello offers a lot with its free plan including unlimited personal boards, lists, and cards. The free plan is limited to 10MB per file attachment, 10 team boards, and one third-party integration (Power-up) per board. Three additional plans add features: Free Plan FreeUnlimited cardsUp to 10 boards per workspaceUnlimited power-ups per boardUnlimited storage (10 MB/file)250 workspace command runs per monthCustom backgrounds and stickersUnlimited activity logAssignee and due datesiOS and Android mobile appsTwo-factor authentication Standard Plan $5 per user per monthAll Free Plan featuresUnlimited boardsAdvanced checklistsCustom FieldsUnlimited storage (250MB/file)1,000 Workspace command runs per monthSingle board guestsSaved searches Premium Plan $10 per user per monthAll Free and Standard plan featuresViews: Calendar, timeline, table, dashboard, and mapWorkspace views: Table and calendarUnlimited workspace command runsAdmin and security featuresWorkspace-level templatesCollectionsObserversPriority supportSimple data export Enterprise Plan Up to $17.50 per user per month, depending on total number of usersAll Free, Standard, and Premium plan featuresUnlimited workspacesOrganization-wide permissionsOrganization-visible boardsPublic board managementMulti-board guestsAttachment permissionsPower-up administrationFree SSO and user provisioning with Atlassian access Best Team Communication Software : Slack Slack Sign Up Now Slack was originally built as an internal communication tool for a game development company started by Flickr co-founder Stewart Butterfield in 2009. Launched in 2014, it has millions of users in over 150 countries. We chose it as the best team communication software because it offers real-time messaging, feedback, and collaboration in a free, online platform. Slack was developed to eliminate the inefficiencies and delays of email communication. The software lets users create channels that can be organized around a topic, team, project, or even a client. Channels can be public and open to all users of a Slack account or private and accessed by invitation only. Besides communicating in real-time, Slack offers tons of integrations letting teams share files, create polls, schedule meetings, and connect to third-party project management, cloud storage, and productivity tools. The platform offers free, one-click voice and video calls and even lets users spin-off discussion threads to keep larger conversations focused and uncluttered. One of Slack’s most useful features is its search function. No more sorting through emails or written notes hoping to find that one valuable piece of information. Slack lets users search for a conversation, mention, or user and share or bookmark it no matter how long ago it took place. Businesses that only need a single workspace, one-on-one video calls, and only a few app integrations can get by with a free Slack account. The free account also limits searches to 90 days of message history: Free Plan FREEAccess to up to 90 days of message historyUp to 10 third-party app integrationsOne-to-one video and voice calls Pro Plan $7.25 per user per monthUnlimited message searchUnlimited third-party app integrationsOne-to-one video and voice callsGroup video calls up to 15 peopleScreen sharing10GB storage per userGuest accounts and shared channels24/7 support Business+ Plan $12.50 per user per monthAll Pro Plan features20GB storage per userUser management24/7 support with four-hour first response time Best Document Management Software : Google Workspace Google Workspace Sign Up Now Formerly Google Suite, Google Workplace is a collection of online office tools, including email, document creation and management, cloud storage, calendars, chat, video meetings, and more. We chose it as the best document management software because it offers secure, branded, cloud-based document creation, storage, collaboration, and sharing. Google Workspace is a great option for small businesses that want to create an efficient, collaborative, cloud-based work environment without having to pay for expensive software or worrying about everyone having the same computer. Because every tool in the Google Workspace platform is a Google product, users can move seamlessly from app to app. Businesses can start by creating a branded email address using Gmail, one of the most popular mail apps on the marketplace. Other tools include Google Calendars for team scheduling; Google Docs, Sheets, and Slides for creating documents, spreadsheets, and presentations with real-time collaboration; Google Drive for cloud storage; Google Chat for team messaging; and Google Meet for video meetings. Aside from the integrations between each app, Google Workspace also lets users connect to hundreds of third-party platforms, including Zoom, DocuSign, Salesforce, Trello, Asana, and many more. Google Workspace add-ons only access the minimum required data needed to complete an action to ensure that each business’s information stays secure. Although anyone can get access to all Google Workspace apps by signing up for a free Gmail account, Google Workspace paid plans allow businesses to create business email addresses, get more cloud storage, and increase security. Google also offers a 14-day free trial on any Google Workspace paid plan: Business Starter $6 per user per monthBusiness email accountsGoogle Chat and Google MeetShared calendars30 GB Google Drive cloud storage per userAdmin controls24/7 standard support Business Standard $12 per user per monthAll Business Start Plan features2 TB Google Drive cloud storage per userCloud Search 1st party data Business Plus $18 per user per monthAll Business Standard Plan features5 TB Google Drive cloud storage per userVault and advanced endpoint managementeDiscovery and Retention Policies Enterprise All Business Plus Plan featuresCustomizable with no limit on storageCloud Search 1st & 3rd party dataSecurity CenterEnhanced management and compliance tools24/7 enhanced support What Are Software Programs for Small Businesses? Software programs for small businesses are designed to make small businesses more efficient by streamlining work, automating processes, and helping with day-to-day tasks which may be taking away from the business owner’s more important duties. These software programs are specifically designed to meet the needs of small businesses owners, who can use them to link banks and credit cards, set up business profiles, manage accounting and payroll features, and store documents. How Much Do Software Programs for Small Businesses Cost? Software programs for small businesses vary in their functions, features, and capabilities. They also vary in price. There are some free small business software programs. For paid programs, you can expect the cost to range from $5 per user per month to around $20 per user per month. Credit card transaction fees are billed separately. Are Software Programs for Small Businesses Worth the Cost? Software programs for small businesses are worth the cost if they increase efficiency and allow the owner or managers to focus more on tasks that bring in money, help the business grow, and meet long-term revenue goals. Software that helps with automation is typically worth the cost so that the owner can focus less on mundane tasks and have more time for serving customers and managing employees. How We Chose the Best Software Programs for Small Businesses We thoroughly reviewed and researched the best software programs available to small businesses before deciding on our top choices. We eventually narrowed it down to the best options based on cost, features, functions, integrations, compatibility, and more. Halfpoint Images / Getty Images Article Sources Agility PR Solutions. "Time Management: New Survey Reveals How Biz Owners Are Spending Their Time—And How They’d Rather Spend It." Wave. "We Are Wave." Wave. "Online Payments = On-Time Payments." Wix. "The Leader in Website Creation." Wix. "Wix Premium Plans." Mailchimp. "About Mailchimp." Trello. "About Trello." University of Victoria. "Slack's Stewart Butterfield on Learning From Failure." Slack. "About Us." Google. "Pricing." Related Articles Best Logo Design Software Programs Best Accounting Software of 2023 Best Project Management Software Tools Best Bulk Text Message Services Best Virtual Personal Assistant Services Best Payroll Services for Small Business Best Expense Tracker Apps to Download Best Ticketing Systems of 2023 The 7 Best CRMs of 2023 Venmo vs. PayPal Best Real Estate Lead Generation Companies Best Online Photoshop Classes Best Architect Exam Prep Courses Best Personal Finance Apps The Best Stock Screeners of 2023 Best Online Spanish Classes