As a business owner, you have to stay on top of all your responsibilities. You have to oversee employees, implement a marketing strategy, communicate with customers, manage finances, and much more. Managing a business is a huge undertaking, and missing a single step could cost you money and time that you probably don’t have to lose, which is why it’s important to take a look at your accounting enterprise resource planning (ERP) software. Having accounting software is essential for a business to assist with various business functions. But you could be buying into an ERP software that is more than what you actually need and more than what you want to afford.
What is accounting ERP software, you ask? ERP is essentially a database software package that assists with a business’s operations, such as manufacturing, human resources, and supply chain. Accounting ERP software simplifies many complicated business processes. However, ERP software can be outdated and complicated, and you may actually be paying too much for your software. (more…)
By Gerri Detweiler –
We’ve all got our own favorite tips, tricks, and tools that help us organize our task lists, assign projects, and manage deliverables. Today, there are more apps and software programs geared toward business owners than ever. I interviewed 10 entrepreneurs to find out what they use to stay on top of everything.
1. Monday: Streamline Communication Channels
Aalap Shah, founder of 1o8, an e-comm-focused digital agency in Chicago, loves Monday.com for project management.
“My business has clients, vendors, independent contractors, and full-time folks all trying to communicate, and it has streamlined our Slack, email, and file management tools into one centralized (and colorful) dashboard that allows us to glance at a project and know where it’s at. I love the integrations it has—be it invoicing, other communications tools, Google Drive—along with the extensive training and documentation that it has for a novice to be able to take this tool and harness it to its fullest potential.” (more…)
By Troy Richardson, South-West Texas Border SBDC Network –
Coronavirus disease 19 (COVID-19) is a respiratory illness that can spread from person to person. COVID-19 originated in China and has been declared a global pandemic by the World Health Organization. As countries, states, and communities take preventive measures to reduce the spread of COVID-19, more businesses are allowing their employees to work remotely. It’s important to understand how this situation may affect your cyber security hygiene.
• As with most significant global events, cyber criminals will leverage the event against potential targets to advance or achieve a malicious goal. This is most often carried out through phishing attacks. The cyber criminals send emails claiming to be from organizations that a recipient might expect to hear from, considering the current event. For example, with the COVID-19 disease, the emails may appear to come from a government health organization such as the CDC or other health care authorities. Users should be aware of this tactic and utilize good cyber security hygiene to include: (more…)
By Ramon Ray –
Spring is on the way, and according to one survey, 77% of households do some form of spring cleaning. As a business owner, the concept of spring cleaning can be applied to the place where much of your information resides — your website. An annual website “spring cleaning” is a great idea for your business.
If you’re going to do a major cleaning, you’ll want to tackle the most important parts first.
As reported in Smart Hustle, in a VistaPrint survey, respondents considered up-to-date and accurate content to be most important on small business websites. They were bothered by outdated product and contact information and a lack of address, directions and business hours. In addition, consumers were less likely to buy from a poorly designed website. (more…)
By John Sileo –
On August 12, 2003, as I was just sitting down to a tea party with my daughters and their stuffed animals, the doorbell rang. Standing there when I opened the door was a big, burly special agent from the economic crimes unit at the district attorney’s office—ready to issue a subpoena for my arrest. In a calm but ominous voice, he told me I was going to be charged for electronically embezzling (hacking) $298,000 from customers of my small software company, and that the DA’s office had enough digital DNA to put me in jail for a decade.
I was the victim of cyber crime, and I should have known better. You see, earlier that year my identity was stolen and sold to a woman in Florida. This woman purchased a home, committed a number of crimes, drained my bank accounts and filed for bankruptcy—all in my name. I learned all of this one day at the bank, right before I was escorted out by security guards.
The experience of losing my money, time and dignity motivated me to protect my personal information assets with a vengeance. Unfortunately, I didn’t apply my newfound cyber vigilance to my professional life, which is how I ended up standing on my front step holding a tiny teacup and shaking like a leaf. (more…)