Business Data Breach? Five Steps to Take

Responding to the nightmare of a data breach It’s every business owner’s nightmare. Should hackers gain access to your customers’ or employees’ sensitive data, the very reputation of your company could be compromised. And lawsuits might soon follow. No business owner wants to think about such a crisis, yet it’s imperative that you do. Suffering…

How to Trim the Fat from Your Inventory

To Much Inventory? Keeping your inventory as lean as possible, you can save money. But it will take some effort.  Here are some smart ways to cut back  without compromising revenue and customer service. Objective inventory counts Effective inventory management starts with a physical count. Accuracy is essential to knowing your cost of goods sold —…

Strong BYOD Policy and Your Business

A Strong BYOD Policy Protects Your Business and Your Employees Many businesses adopt a “bring your own device” (BYOD) approach to the smartphones, tablets, and laptops.  And many employees rely on them to do their jobs. BYOD can boost employee efficiency and satisfaction, often while reducing a company’s IT costs. But the approach isn’t without risk…

Business Complained – FASB Responded

Cloud Servers vs. Physical Servers – FASB Responds Businesses have complained to the Financial Accounting Standards Board (FASB) about the different accounting treatment for cloud-based services vs. those operated on physical servers onsite over the last three years. Businesses told the FASB that the economics of these arrangements are virtually the same. As more businesses…