Selling something, whether a product or a service, and not getting paid is brutally painful. Sloppiness in your billing process will cost you. The ultimate cost is not getting paid. As I have written about many times before, the cost of a bad debt is more than the actual dollar value lost. What do I…
I have discovered an addiction people have to a concept… The concept is all-in-one software. First, what is all-in-one software? It is a software suite (usually cloud-based now) that, well, simply, does it all. Basic accounting module, inventory, manufacturing, Customer Relationship Management (CRM), accounts receivable, accounts payable, and more. Why the heck would you NOT…
Zoom is now a global household word, kind of like Kleenex is to tissues. This blog is a catch-all of all things Zoom… Firstly, Zoom Phone We are, as readers of this blog know, pioneers (a wee bit ahead of early adopters). The instant I heard Zoom was adding phoning we jumped on it. I…
Two weeks ago, I wrote about all the stunning, very cool software available for small businesses. Amazingly, these software programs can be used for small businesses up to $100 million in sales volume. However, some people have concerns going fully into the cloud. In this week’s blog I will address those concerns. Firstly, My In-House…
The last 7 years has seen an explosion in cloud-based software… Not everyone has fully grasped what this has made available. What small businesses (and by small I mean up to $100 million in sales) have to choose from now is spectacular. It is the realization of a dream. A dream you say? Come on,…
What is the greatest thing in your business? The tools you use? Nobody Cares What Tools You Use Imagine you are a home builder. And, you have the absolute best tools in that industry. You have the Triple A, skookum, best-in-class power widget tools out there. Maybe you have custom tools that no one in…
Man ‘o man, I love it when big companies get it right. As in mega-companies. Think “380,000 employees mega”. Who is the mega-company that just got it right? Siemens. And what exactly did they get right? Two crucially important things “managing” remote workers (I hate that word when used with people). Here is what they…
This pandemic has forced a lot of people to work from home…but…wait…why…is…this…happening… I took an in-depth look at recruitment ads over the last few weeks. There are a lot of companies looking for Controllers, Senior Accountants, and bookkeepers. The shocking thing is how many want someone to – still, in these days – drive to…
We have all heard the saying, “what you can measure, you can manage?”. It is over-used to the point of being cliché… Yet, it is true. The challenge is – what to measure? Start with this – focus on the activities that produce results. There are two things we must measure – activities and results.…
Cheques are becoming less common now. But not uncommon enough. Here are 5 reasons to wean your business from the cheque addiction (for those still afflicted) … Reason No. 1 – Con Artists Cheque fraud is bigger than online fraud by a country mile. A cheque circulates in physical reality. Thieves can acid wash your…