Ways to keep customer data secure

Ways to keep customer data secure

Cyber crime is a serious concern for business owners. Recently IBM Chair, CEO, and President, Ginni Rometty, called it “the greatest threat to every company in the world”. According to Juniper Research, by 2019 cyber crime will cost businesses a staggering $2 trillion.

It’s impossible to put a dollar value on what your customer data is worth – or the cost to your business should sensitive data be compromised by theft or loss. For many small companies, a security breach could simply mean the end of the business.

If you don’t already have a data security plan in place, these tips will help you take steps to prevent a devastating loss.

Use your Accounting Software to Boost Sales

Use your Accounting Software to Boost Sales

If you think accounting software is just for tracking expenses and generating financial reports, you’re losing out on an opportunity to improve your bottom line. By taking advantage of insights provided by your software solution, you’ll benefit from a more informed approach to marketing and customer service – and by making the most of all the ways your software can improve productivity you can take meaningful action to increase profits. Here’s how.

Three reasons why you need small business insurance

Three reasons why you need small business insurance

If your small business operates on a tight budget you might be tempted to eliminate costs that you think aren’t necessary. Often small business owners choose to go without business insurance as a way of saving money, but doing so can be incredibly costly in the long run.

Business insurance is something that may seem like an unnecessary expense in the short term, but is worth the cost now in case something terrible happens in the future. It’s better to spend some money to avoid paying a lot of money later, especially if there’s a chance you could face a lawsuit. Unfortunately, even the most diligent business owners could wind up dealing with clients who think they have been treated unfairly, or who injure themselves while at your place of business.

Here are three reasons you need small business insurance.

Efficient business systems really pay off

Efficient business systems really pay off

Too many businesses fall over because the owner has not established efficient business systems. This typically happens because the business owner is so caught up in the day-to-day running of the business that the fundamentals of good business management get forgotten. Often too it must be said that the owner simply doesn’t like bookkeeping or other administrative tasks, so these get put on the back burner.

10 Productivity Tools to Help You Do More at Work

10 Productivity Tools to Help You Do More at Work

In today's fast-paced world, everyone wants to be more productive. Fortunately, there is an ever-increasing number of tools, many of them available online and across multiple devices, that promise to help us achieve our goals. The challenge then becomes how to know not just which tools will live up to their promise but which tools are right for our business.

Why Keep Your Data in the Cloud?

Why Keep Your Data in the Cloud?

Cloud computing is quickly moving from an obscure concept to an everyday reality for small businesses all over the world.

A 2015 survey of small business owners found that 52% had already adopted some form of cloud-based data storage; however, a general lack of awareness regarding the logistics and advantages of cloud computing has made others a bit more resistant.

The truth is, there are several very practical benefits to moving your data into the cloud, including reducing operating costs and boosting efficiency. Here are three more ways cloud computing can help your small business run even better.

Tips to Keep Your Business Finances in Order

Tips to Keep Your Business Finances in Order

If you’re like most small business owners, you spend the majority of your time managing daily operations, keeping customers happy, and looking for new ways to grow. Spreadsheets, cash flow analysis, and financial projections are probably not your first passion.

However, measuring profitability, creating realistic budgets, and planning ahead for the future are crucial to your professional success.

Follow these four tips to get a handle on the numbers, and take control of your business finances.

Avoid these 5 Costly Accounting Mistakes

Avoid these 5 Costly Accounting Mistakes

Most business owners understand that effective financial management is key to their success. But lack of knowledge, frustration, and even avoidance can add up to accounting mistakes that derail future growth.

Protect your business and reduce your stress by avoiding these five costly accounting errors.

 

4 Tips for Less Stressful Business Travel

4 Tips for Less Stressful Business Travel

Business owners fall into two categories: those who love business travel and those who hate it. The love/hate dynamic may depend on how much you travel for work, but even if you love business travel there are stressful aspects to being out of town.

Although we can’t guarantee that our travel tips will ensure a completely stress-free experience, here are four ways to lessen your hassle. If you’re someone who hates work-related travel, maybe these tips will help you love it.

Conference Tips for Small Business Owners

Conference Tips for Small Business Owners

For small business owners, business conferences can be both a blessing and a curse. They give you the opportunity to develop new skills and learn strategies that you can use in your business, and they also provide you with the chance to meet new people and expand your business network. Unfortunately, they also pull you away from your business and they cost money, so it’s important that you get the most out of any business conference you attend.

Here are some tips to help you come away from your next conference feeling motivated and energized, rather than overwhelmed and exhausted.

How to learn from failure in business

How to learn from failure in business

Ask any successful entrepreneur about their path to greatness and you’ll get the same answer: failure is an inevitable part of the journey.

It took Thomas Edison 1,000 failed attempts before he finally invented the light bulb.

Tim Ferris received 25 rejections before his bestselling book, “The 4 Hour Workweek” was finally published and sold millions of copies.

It’s a fact that 20% of businesses fail in their first year – and many fold before their fifth.

The truth is, building a successful company is typically a very long game. Not every idea is a winner; not every decision yields success. But you can learn from experience, gaining wisdom as you nurture resilience – key ingredients, along with hard work and a pinch of luck, that eventually lead to victory.

Here’s how to stay in the game long enough to win, and make the most of failure along the way.

4 Tips for Getting Your Business Through Tough Times

4 Tips for Getting Your Business Through Tough Times

If you’re a small business owner whose company hasn’t gone through hard times, that’s great but it’s likely to happen at some point. As much as we dream about being brilliant enough at business that we’ll never face slow times, there are many things beyond our control that can negatively affect our business.

Here are four tips for getting your business through difficult periods so you can look forward to many more years of business ownership.

Get paid first – why your salary should be your business’s first monthly expense

Get paid first – why your salary should be your business’s first monthly expense

It’s the line item most often left out of a small company’s budget: the business owner’s salary.

Let’s face it: you can always spend cash on your business. From office expenses to employee salaries to rent, every month a portion of your revenue is accounted for.

But paying yourself first is a must. You need to earn a living – and paying yourself can actually help your business succeed.

Here’s why you should make your salary a top priority, starting now.

Great Reasons to Shorten Your Work Week

Great Reasons to Shorten Your Work Week

Okay, there probably aren’t a lot of people who need to be convinced that a shorter workweek is a great idea. Small business owners, however, might be on the list of people who need a little encouragement. After all, every day they take off could mean a longer day to make up for the missed hours.

There are some very real benefits to working a shorter week and those benefits aren’t just about the long weekends—though who would complain about those?

Here are some great reasons to consider shortening your workweek.

March Virtual Xero Hour: From apps to advisory

March Virtual Xero Hour: From apps to advisory

There is more to Advisory Services than KPIs and Cashflow. Whether you are already a Cloud Integrator or looking to become one, join us for Virtual Xero Hour in March. We will present on App Advisory as a service line, Xero's app ecosystem, and provide an introduction to Xero's App Playbooks and Industry Badges. After this short presentation, attendees will be divided into smaller discussion groups in order to provide you ample time to connect and collaborate on this topic with other Accountants and Bookkeeper from across North America.

February Xero Hour: Measure success and learn what clients really think of you

Feedback from both clients and staff provides you with vital knowledge and insights. To start, ask yourself these key questions: Does your culture encourage two-way dialogue? Have you asked peers how they secure feedback? Do you actively request testimonials and reviews? There are many ways to capture these insights – join us to learn how.

WorkshopCafe

Wednesday, February 27, 2019
5:30 PM to 7:30 PM