One of the most exciting changes in the accounting industry is cloud accounting. The concept is easy to grasp: cloud accounting simply puts your accounting system in a private space online so that it is fully accessible to you via a browser or a secure remote connection. Two Ways to Be in the Clouds There are primarily two ways to have your accounting system in the cloud. First, it can be “hosted.” This means that the … [Read more...]
Is Your Data Backed Up? Seven Often-Overlooked Places
Hopefully, you’re already making backups of the data on your business server on a regular basis. It’s simple to set up data backups automatically and then forget about them until you need them. But have you ever looked around to see if there are any gaps in your backup strategy? Here are seven places to look to make sure all your business data is backed up safely. 1.Online Calendar Do you use an online calendar? If you … [Read more...]
Five Ways to Protect your Cash
As entrepreneurs, we work hard for our money, and the last thing we need is to have it disappear due to fraud, hackers, or identity theft. Some people have called 2013 the year of the hacker, which is worrisome. But you’re far more likely to experience risks with disgruntled or financially desperate employees and contractors. Mistakes happen, too, and when they do it can be costly to get them corrected. Here are five ways … [Read more...]
Five Places Where Spending More Pays Off
It’s generally a good idea to keep overhead costs low so that your business profits will be higher. This is especially true with items that are easily commoditized and fairly standardized, such as utilities and rent. But there are times when increasing expenses pays off nicely, and here are five areas to consider so you can reap the rewards. Training Whether it’s for you or your staff, good training can pay back for years … [Read more...]
Planning for an Awesome 2013
For businesses with fiscal years that coincide with the calendar year, the slate of revenues and expenses will be wiped clean on New Year’s Day. Starting with a clean slate gives us a chance to reflect on our 2012 results before we enter 2013 and experience the hope that comes with a new year. Hindsight is always valuable, and we can learn important lessons from our past mistakes that we can now more objectively look back … [Read more...]
