At the last Great Singapore Sale, my wife, Olivia, decided to go on a shopping spree. She said she needed to “upgrade” her wardrobe. Haven’t we guys heard of that one before.?Anyways, I accompanied her through her increasingly long journey, making strategic comments such as “Uh Hum”, “Turn around”, “That one is better” and occasionally [...]
What is your sales process.?Take out a piece of paper and write down all the steps you must take a customer through in order to complete a sale for your product or service. What are all the steps? Why do you need to take each step and what does this mean to the customer? What [...]
If you’re like most small business owners, you put on around 75 hats each and every day. And when it’s finally quitting time, the very last thing you want to do is bookkeeping! I am with you – I am a CPA and I also detest doing my own books! But, I state a bold [...]
When it comes to reporting, Microsoft Dynamics Great Plains suffers from the same reporting issues that other ERP or accounting systems suffer from. Which reporting software should the company use? What does everybody else use? What reporting software is the easiest? While there is no easy answer to these questions, here is part one of [...]
This article will help you discover a simple way that will allow you to exploit profitable possibilities on a global scale. Read on to find out how.The worldwide web is filled with possible clients located in the different parts of the world. If you are a business owner, you are probably aware of the great [...]
In the prior century unsolicited advice was labeled as not worth two cents. Early in the 21st century inflation allows us to value this information at three cents – an acceleration of waste.Generally accepted accounting principles, GAAP, specify the methods by which an auditor evaluates assets. The FASB, Financial Accounting Standards Board, who formulates those [...]
These days, India is the flavor of the season. With the arrival of this south-eastern country in the global arena, it seems that India is here to stay. The main attractive features of this vast nation are tradition combined with modernity and the skilled manpower. The financial section has seen remarkable growth over the years [...]
The reasons for having control accounts are as follows:1.Check on the accuracyThey provide a check on the accuracy of entries made in the personal accounts in the sales ledger and purchase ledger. It is very easy to make a mistake in posting entries, because there might be hundreds of entries to make. Figures might get [...]
Event management jobs require you to have many skills. Planning and arranging different events can be a lot harder than you might think. You have to be able to work on your own and meet deadlines. You should also have very good communication skills because when you plan a large event you will be talking [...]
One of the problems which a small business can often experience is cash flow; not as a direct result of having too few clients or customers, but simply because the clients they have won’t pay. Too often small businesses suffer cash flow problems, and many can even face collapse, simply because they cannot collect all [...]
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