Choosing a web solution is not just a matter of throwing up a few pages, as cheaply as you can by using friends and tech savvy kids to toss it together. The online market these days is as valuable and important as the physical marketplace you do business in so when it comes to creating a website it’s worth investing the same commitment of time, money and resources that you put into the physical set up of your premises, or selecting essential tools and equipment for the business. (more…)
Processes
Safeguard Your Financial Records
Every year there are natural disasters that remind us how easily we can lose essential tax and financial records. After a disaster, you’re more likely than ever to need certain records to file insurance claims or apply for loans. (more…)
Thin Client Computing – Is It the Right Choice for Your Business?
Thin client computing is one of the options businesses have when upgrading their desktop computers. If you are unfamiliar with the term, thin client computing is where basic computer terminals rely mostly on another computer – a server – to perform their tasks. Thin clients are connected through a network to a server where most of the processing occurs. Because it has no hard drive, a thin client terminal can’t operate without being connected to the server, unlike a thick client where the computer does the processing. (more…)
Our Top 10 Cash Flow Tips
1. Know your business’ balance sheet thoroughly. This may sound obvious, but, as your accountant can confirm, many business people don’t know how cash flow works and its significance to keeping their operation afloat. (more…)
For The Record – The Importance Of Record Keeping To Your Business
Behind every successful small business story there’s a lot of hard work and, yes, administrative effort. To really make your business prosper, brilliant ideas are only half the answer – you also need to ensure that your company is solid from the ground up. One way of establishing a solid business base is through good record keeping. While this may not be entrepreneurship’s most glamorous aspect it is nonetheless a prerequisite to consistently good results. (more…)
Underlying Causes of Productivity Problems
Productivity problems often creep into the business over a period of time and often businesses don’t realize just how extensive they have become. Here are six common causes for productivity problems. (more…)
New 1099 Reporting Rules May Be Repealed
The recent health care reform legislation included a new reporting requirement for businesses. Beginning in 2012, a Form 1099 must be filed with the IRS for payments of $600 or more made to corporations. Previous law required such reporting only for amounts of $600 or more paid to unincorporated businesses. (more…)
Activity-Based Analysis, A Case Study
Activity-based costing (ABC), or activity-based management (ABM), can be a powerful business tool for manufacturers. Activity-based analysis can help determine which products or operations are profitable, identify overlooked pricing opportunities, or explain why certain products can’t be priced competitively in the marketplace. (more…)
Bar Coding for Manufacturers
Although bar coding has been around for a number of years, it has been used with only mixed success in the manufacturing industry. However, a number of recent trends have caused many manufacturers to give bar coding serious consideration. (more…)
Bench Marking for Manufacturers
Many manufacturers think benchmarking is for big or troubled companies. But no manufacturer, regardless of size and performance, can afford to ignore it. In today’s rapidly changing business environment, it’s hard to keep up with your competitors-and benchmarking allows manufacturers to compare their productivity and efficiency to other businesses. (more…)
