There are some skills a new business can develop over time, getting better through practice. But there are other skills a business needs to excel at from day one or else it will face constant setbacks – which can be frustrating at best and catastrophic at worst. Cash flow forecasting falls squarely into the second category. It’s a skill every…
When it comes to IT, two issues dominate right now. First, the need to extend access to data and applications for people working remotely either temporarily or permanently. Second, the need to keep those data and applications secure as hackers ramp up campaigns of theft and disruption. Companies can address both those issues with one strategy: adopting cloud-based solutions. The…
One of the biggest obstacles facing any company, especially startups, is the need to balance staffing requirements with labor costs. Every company would love to fill the ranks with top talent, but hiring even an average employee on a part-time basis is expensive – not to mention time consuming in an era of widespread talent shortages. The Covid-19 outbreak only…
How do you prepare for the unexpected? The best answer might be cloud migration. Discover how it makes companies resilient to everything.
When launching and running a business there is a lot to do. Major and minor things overlap and all take valuable time. The question is, which time-consuming thing is important. Or, at least important enough to require the time and attention of key decisionmakers. One area that is important is the accounting function. All stakeholders want to know what is…
Building out your team is one of the most important things you do at any company. Whether long-established or a start-up, your team is key to the success of your business. This is especially true at a start-up where the inertia of an existing business and business processes do not exist. They must be built. That process takes time. A lot of time dedicated…
You start your day to the news that the development schedule for your new prototype is slipping, half of your development team is out sick and you really need a working demo for your Board and a new prospective investor. It is also month-end which means the usual close process. Reconciling the bank accounts and credit card statements. Chasing down…