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Weigh the pros and cons of a fixed-cost contract

01/19/2012 at 3:00 pm

ERP implementations are almost always going to be interesting.

Tips for selecting the right ERP software for your business

11/22/2011 at 7:00 am

Conducting an effective software selection project is the most critical factor when implementing Enterprise Resource Planning (ERP) software. Far too often we see organizations select software based on technology, price, features, and brand. These factors should be considered, but they are secondary concerns. Many organizations spend thousands of dollars on a new ERP system but…

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Accounts Payable Tips You Can Count On To Keep Finances in Order

07/07/2010 at 10:39 am

Ever feel bogged down by bills? As a business owner, you should understand the frustration of providers who feel they have to move mountains to get the money clients (like you) owe them. If you feel like you can never get ahead with finances, it’s time to look to streamline your accounts payable system. This…

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To Invest or Not to Invest: Balancing and Conserving Your Budget in a Tight Economy

06/11/2010 at 9:30 am

The Office’s Michael Scott once had an important decision to make: should he invest in a new copy machine for the office, or invest in new chairs for his workers? Okay, maybe this decision doesn’t seem that difficult, but it was for Michael. And – true to form – he took the counterintuitive approach and…

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Accounting Compliance is Key to Success

06/09/2010 at 12:58 pm

It goes without saying that it takes a lot to run a business. With daily tasks like managing employees and dealing with customers keeping you busy, one of the last things on your mind is worrying about whether your accounting practices are in compliance with laws and regulations. Proper accounting practices involve accurately recording, verifying…

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Tips to Score and Secure Credit Lines

05/25/2010 at 9:19 am

Thinking about increasing your inventory, but finding items are just a little too expensive to charge to your credit card? Still, maybe they’re not quite expensive enough to merit taking out a loan. This is a situation where it pays to have a line of credit – literally. A line of credit is business capital…

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Managing Cash Flow Made Simple

05/21/2010 at 9:45 am

As any kid with a lemonade stand can tell you, the basic principle of a successful business – or even just a functional one – is to bring in more money than you spend. So you need positive cash flow. How can you get it? First of all, the golden rule – “do unto others…”…