Posts Tagged "accounts"

Mobile Apps To Help Your Business Accounts

Posted by on Jul 13, 2016 in Blog

Mobile Apps To Help Your Business Accounts

Your business accounts can be easily facilitated and often improved with the regular use of a range of different mobile apps. The benefits of having access to your records on your phone are obvious, and being able to check in from anywhere is the new normal. If you are just dipping your toe in, it is worth having a few ideas about what is around, so you can choose what will be most useful for you, out of what is available. Reckon One is a good starter out of the gate, as it allows users to keep track of billable time, as well as provide invoices directly to clients from a mobile location. There are also tools to record payments received and bills becoming due, with regular bank reconciliation also an option. All these functions could be useful to a range of growing businesses, consultants or professionals. Quick Books is a favourite of those who like to be able to access data through a host of connected devices. This allows people on the go to be able to conduct business in a fluid fashion. Users can connect with clients, offer quotes, accept jobs, and supply invoices in a seamless...

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92 Skills to Run an Arts Business?

Posted by on May 12, 2016 in Blog

92 Skills to Run an Arts Business?

At first glance it may seem intimidating. The idea of requiring 92 skills to run any kind of business could make it seem like only the superhuman would have a shot. But on closer inspection, the Arts Hub list of 92 skills art-based entrepreneurs should develop is incredibly useful. By giving it a read through you will be able to tell, in just a few minutes, how ready you are to getting started, and which areas you will need assistance with or to pay further attention. Artists Can Be Businesspeople Too many artists are limited by the idea that their work has only subjective value, or their skills are not a match for becoming the head of a business. Before setting too much stock in these thoughts, consider that business skills, like creative techniques, can be learned, and there are already blossoming arts businesses in existence. Creative Skills First and foremost, creative skills are at the heart of any arts-based business. Presumably artists looking to develop their businesses have previously reached a high level of skill, and are aware of the investment of time, finances and emotion it requires to produce their particular type of artefact. When all is...

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3 Accounting Tips For Solo Business Owners

Posted by on Nov 26, 2015 in Blog

3 Accounting Tips For Solo Business Owners

As a small business owner, it’s difficult enough to complete the day to day tasks that keep your business running smoothly, much less keep up with the books so that you can run a profitable business.  The following strategies will help you to stay on top of your finances and give you more time to spend on important things like pursuing your goals and exceeding your clients’ expectations. Don’t Be Afraid to Ask for Payment If you want to remain in business for the long term, it is not enough to have a unique, popular product or service that adds value to your clients. You also need a steady flow of cash coming into your business on a regular basis. The best way to ensure a steady cash flow for your company is to take steps to receive prompt payment for your work. To make certain that you are paid on time, you need to have a system in place to invoice your clients automatically once your work for them is complete.  You can help ensure that you will have the money that you need to pay your suppliers and other bills by offering a small discount to customers...

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The Benefits Of Cloud Computing And Cloud Accounting

Posted by on Aug 12, 2015 in Blog

The Benefits Of Cloud Computing And Cloud Accounting

Building upon a firm foundation of cloud computing, Xero and other providers have now developed services that allow small and medium sized businesses to take advantage of the speed, security, portability and cost savings that were once only available to larger groups. Here is a list of benefits that cloud computing and cloud accounting can provide you. 1. A Reduction in Cost. Keeping up with your books in the cloud allows you to save money in several ways. First, you no longer have to buy an expensive program and annual license fees for each copy of accounting software that you would have used. Cloud accounting allows you to pay a small monthly fee to access and store your information online. You also no longer have the expense of having to upgrade your computer hardware in order to run the program, as most cloud accounting platforms will run in your browser window on a wide variety of platforms: from traditional desktops and laptops to tablets and smartphones. There is also additional savings from lower IT expenses, as you do not have to pay a specialist to download, upgrade and troubleshoot your accounting software. 2. Ease of Use. Cloud accounting services are simple for both...

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Welcome to the Cloud – An Introduction to Cloud Accounting

Posted by on Aug 5, 2015 in Blog

Welcome to the Cloud – An Introduction to Cloud Accounting

Has fear of the unknown prevented you from adopting cloud accounting? If so, you are not alone. Despite the promises of increased speed, cost savings and ease of use, some owners remain reluctant to trust their bookkeeping and finances to the cloud. This is largely due to a few misconceptions about what overall cloud computing and actual cloud accounting entails. Myths About Cloud Computing and Cloud Accounting The most persistent myths surrounding cloud accounting involve concerns that the technology is “new” and therefore unreliable. Others worry that the data cannot be secured, that performance is unstable, or that the owner will lose freedom of choice and other control over their information. The results experienced by organisations of all sizes that have adopted cloud services, however, shows each of these beliefs to be mostly false. Cloud computing actually isn’t a new service, as it has been around in some form since the 1950s. During this time period, governments, universities and other large organisations did not actually own their computer hardware but rented the use of time, in the form of “timeshares,” on mainframe computers. In the 1990s, cloud computing and accounting in the cloud really began to come into its...

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