Posts Tagged ‘business in the cloud’

An Overlooked Security Issue

When it comes to the security of your financial data there is an overlooked security issue I see frequently. No, it’s not weak passwords or failure to change them frequently, nor is it allowing people access to information to which they shouldn’t have access. All these are indeed ones I see frequently, but they are not the one I’m thinking of that exposes the data of so many companies to problems. So what is it? Read the rest of this entry »

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Break the Routine

Much of life, including work, consists of routines. That is necessary to improve efficiency by putting many things on auto-pilot. But, routines have risks. There are, however, times when it is wise to break the routine. Read the rest of this entry »

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Data Security

When it comes to data security you’ve probably heard the adage that every computer hard drive will eventually fail. Now, you may say, “Wait a minute. I’ve owned several computers and never had a hard drive fail.” That, however, misses the point, which is Read the rest of this entry »

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What QuickBooks Product Should You Use?

In a previous blog Critical Questions When Considering QuickBooks we looked at some of the things to consider when deciding whether to use QuickBooks or some other accounting software. Assuming you have decided upon QuickBooks, let’s look now at some considerations when selecting the actual QuickBooks product to use.

Your Needs

In the previously mentioned blog was a partial list of things to consider when deciding if QuickBooks was the correct choice. Take a moment to review that list, as it is also very helpful in deciding the correct QuickBooks product to use. For example, the first item listed asked if Read the rest of this entry »

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Be an Agile Company

How agile is your company? That may sound like an unusual question, but it was prompted by another’s thoughts. I just read an article in CFO magazine encouraging small and mid-size companies to consider moving budgeting, planning, and forecasting to the cloud. Actually the article was an interview by CFO magazine.

Something Else

As mentioned, this interview revolved around using the cloud to increase agility for companies. But, let’s look at agility as it relates to some other things that impact the ability to be an agile company.

Organizational Simplicity

The term organizational simplicity is not a new one. At the heart of it I think is encouraging companies to avoid excessive complexity and the rigid inflexibility that comes with it. Essentially it encourages minimizing the number of layers in an organizational structure and increasing Read the rest of this entry »

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Calculating Internet Sales Taxes

In an earlier blog (Internet Sales Taxes) we looked at where the U.S. stands on implementing sales taxes for internet sales in states where the seller lack nexus. The bill passed by the Senate (Marketplace Fairness Act) is intended to level the playing field for brick and mortar and internet businesses and address tax concerns expressed by states. That discussion touched on what the impact would really be and whether it actually did level the playing field. Again, this bill now Read the rest of this entry »

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Internet Sales Taxes

By a vote of 69-27 the U.S. Senate has passed a bill called the Marketplace Fairness Act which allows states to collect sales taxes from online sellers whose out of state sales are $1 million of more. Whether the House of Representatives also will pass it is yet to be determined. There are pros and cons about the bill.

Some Pros

It is indeed true that states have not been able to collect internet sales taxes on Read the rest of this entry »

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Virtual Business

This is going to be a rather short posting about virtual business. Regardless, it hopefully will make you think about how you operate your business.

What is Virtual Business?

Wikipedia defines a virtual business as one that employs electronic means to transact business as opposed to a traditional brick and mortar business that relies on face-to-face transactions with physical documents and physical currency or credit. Yes, I know Wikipedia has its limitations, but in this case the definition is a pretty good one.

So What?

If you are strictly Read the rest of this entry »

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