Tracking your business growth on a daily, weekly and monthly schedule will aid you in developing a sustainable and profitable business. Anytime someone asks you about your business and its growth you should clearly know what is going on daily in your business.
If we want to find a decent restaurant, shop or many other conveniences, we can use Google anytime, any place. But if we want to access our financial information, what can we do?
In fact it wasn’t just the Federal Government. The government credit card abuse and fraud is much deeper than you would imagine and it is in nearly every Federal Agency. There have been abuses in local county sheriff’s departments Cloud Accounting cities and counties.
If you don’t really like your potential business partners, run away now. Its probably not going to work out at all. You will hate life and that is never worth it, so go ahed and give up now.
You won’t know how much money you are making unlesss you keep track of it. Don’t just use spreadsheets to keep track of it either. It’s much easier to buy a good Find out more about K Cloud package and then manage your money from there. cloud accounting will tell you much more about how your business is doing than spreadsheets will.
RETAINED EARNINGS: The amount of net income earned and retained by the business. If net income is like the score after a single basketball game, retained earnings is the lifetime statistic. Retained earnings is found in the equity section of the Balance Sheet. It keeps track of how much of the total owner’s equity was earned and retained by the business versus how much capital has been invested from the owners (paid-in capital).
Because the battle won’t be won over products and features and cool apps and gizmos. People, especially small business people, are going to be asked to make a choice very soon. The choice will be about companies and services and who we’re going to trust with our data and our business applications. Small business people are nervous about this. Our data is our livelihood and losing it can put us out of business. We’re not going to trust it to just anyone.
What’s the procedure in case of disaster? For example what if a fire destroys the place of business of the provider. Is my data stored offsite? If so who has it and how do I get it? What if the provider goes out of business?