I'm planning to venture into a new business which deals with books. It's more like a library and the idea is to begin on a small scale. Do I need to setup a RMS software? I've had a lot of people advising me to do so but then I'm still unclear.

They are a great tool, for inventory, ordering, and profit and loss reports, and bookkeeping.

No you need one? Nope. My friend has a fairly large book store, and still uses a small box to keep the money in. (only family work there)

30, 40 or more years ago there were no computer systems and stores operated just fine.

So do you need one? no. Are they a great tool and can help you. Yes.

I totally agree with Fr_Chuck who has given a measured response to your query. It isn't necessary but it won't do you any harm if you have a software in place. Like he noted, it does offer you a great deal in terms of inventory, profit and loss reports as well as bookkeeping. My friend has a library wherein he has installed a RMS software from MicroHouse Systems which has fully automated his work. It is easier to store large amount of data and it's management. Hence, it is up to you to decide whether you need one or not. It isn't necessary though.

Starting on a small scale means just that - just start! Most small businesses really do start in a garage or kitchen, with very little money. Drive and determination are what matter. If it looks like it is going to be a success, then you spend money.

What is going to be unique about your books, going up against the book giants?