ADUTAINMENT: Advertising as Entertainment
JellyBasket.com - JELLY by the CASE or as a GIFT BASKET.

Hottest Small Business Franchises For Couples
There is a huge balancing act that comes along with life, especially once life is no longer limited to the scope of one person For couples, life can get extremely stressful and frustrating as the balancing act of career and income compete with time spent together enjoying shared passions

The Tale Of The Plastic: Knowing Business Credit Card Offers
A credit card may well be today?s currency of choice. Instead of carrying around wads of cash, a housewife can bring her credit card to the supermarket and buy all the things she needs for the week. Instead of walking around late at night, and bar hopping with a bulging wallet, young men and women can simply bring their credit cards and charge their drinks and food to their credit accounts. Instead of traveling on long-haul international trips with a briefcase of cash, businesspersons can bring a credit card and use it to buy supplies or to pay for emergency fees.

PrintsMadeEasy.com Offers Free Business Cards For Customers to Sample
Business card printing leader strengthens pledge to provide affordable options for high-quality business cards (http://www.printsmadeeasy.com/).

Topfoto Services Announces Acquisition of the Business, Assets and Structure of YesVideo UK
Topfoto Services announces that it has acquired the business, assets and structure of YesVideo UK - the Company that creates Hollywood-Style DVDs from Home recordings. Topfoto Services Ltd, the leading UK Photofinisher, today announced that it has today acquired the business of YesVideo UK - the company that is devoted to preserving precious memories on Hollywood-style DVDs.

Personalized Business Card Holders: The Student's Alternative Wallet
Student Life Responsibilities

Math Video Website Helps Level Playing Field This Pi Day
Launching this Pi Day, MathVids.com will finally provide a solution to No Child Left Behind. Students from all areas of the country will have access to quality math lessons ranging from middle school through college level math courses.

Business Ethics: An Oxymoron
An oxymoron: the juxtaposition of contradictory words or concepts. That is what we have with the term "Business Ethics".

Have You Ever Thought About A Work At Home Business?
Does you and your family's lifestyle cost more than your single salary can cover? There are many people in that kind of situation. That's one of the reasons why so many get their eyes on some work from home business idea. And something has to be done, if you don't want to cut down on your expenses. Extra job or a work at home business opportunity?

timeXtender Inc. Enhances Business Intelligence Solution with DataDirect Technologies
Software developer timeXtender Inc. announced today that it will embed DataDirect connectivity technology into the timeXtender® 2.0 data warehousing/business intelligence analysis solution.

How to Choose Among Business Gift Companies
Promotional items. Advertising gifts. Marketing gifts. Customized promotional gifts. Corporate business gifts. Whatever you want to call them, promotional business items are big business, and there are dozens of business gift companies vying for your business. With everyone out to get a chunk of your marketing budget, how do you choose which business gift companies to honor with your trade? Here are some questions to ask yourself ? and a company representative ? to help you decide on the best business gift companies for your firm.

Starting A Home Based Business Requires The Proper Mindset
After helping thousands of people start up their own home based businesses on the the Internet, I have come to recognize two of the most important factors for identifying people that should NOT attempt to start a home based business.If a prospective entrepreneur says something like.

Water Your Roots: Maximize Your Home Business Location
Trees need roots to grow. When a gardener plants a tree, he does not water the leaves or the branches. Instead, he sticks a hose near the roots and lets them soak up all the moisture they can hold. In the same way, whenever we begin a grass-roots business, whil we have the opportunity to expand, we must remember to maintain our roots: the community in which we live and work.

"Godfather" of the Internet, Mark Joyner, Releases his 7 Day Business Turnaround Kit to the Public
Mark Joyner, often referred to as the "Godfather of the Internet" due to his major contributions to common Internet marketing practices such as integration marketing and e-books, is launching his highly-anticipated "7 Day Business Turnaround Kit" on the net July 1, 2007.

Stay At Home Mom's Business Opportunity-Is There One With A Heart?
I've heard it said that rich people are snobs who don't care about anyone but themselves. You probably have observed wealthy people, either close or from afar, who seem to live this out.

What Do You Need To Start Online Affiliate Marketing Business?
Do you want to start your own internet business Do you need to know what it takes to start your own business

Online Business Accounting Basics

Accounting is a factor of online businesses, especially small businesses, that is largely ignored until the necessity arises, and by then it can be a little late to make up lost ground. Whether you run an online small business or a multinational corporation, a good knowledge of basic accounting is essential to you.

If you fail to maintain adequate records of your financial affairs, and make important business decisions on inadequate financial information, your business could well fail before it even gets off the ground. It doesn?t matter how good you are at what you do, or if you have a fantastic product that the market wants, poor online business accounting practices could leave you destitute with no business to run.

Your financial records can be used to provide you with advance warning of things not going as they should, and enable you to take remedial action before going under. This is difficult for many entrepreneurs to understand, especially if they have a good product and what they consider to be a good business model. Financial statistics can show what might seem like insignificant trends, but that could be a forewarning of things going wrong.

There was a company once that offered 30 day terms, but their major customer was happy to pay fairly quickly in return for a small discount. This is common business practice. After about a year the major customer went into receivership owing the company a substantial sum of money, and since the receiver was unable to pay anything but a very small proportion of what was owed to each creditor, the company was forced to borrow money to remain solvent, and eventually went out of business about a year later. It was unable to recover from its major customer going into receivership.

There were two reasons for this of course, one being the loss of business from their major customer. However the main reason was the lost payments that their customer could not pay. They had to borrow to pay their own suppliers, and that was the beginning of the end.

Subsequent analysis indicated that the customer had defaulted fairly early on in the agreement to make quick invoice payments, and over time their payments had lengthened and lengthened. Eventually they owed over four months invoices which amounted to a considerable proportion of the small business income. It transpired that the accounting was basic to say the least, and none of this had been noticed until too late in the process.

The customer had been requested payment after being two months overdue but was not put on stop because no information was passed on to production or dispatch areas, even though the business only employed just under 30 people. By the time the so-called finance department put a stop on the account it was too late.

This is an example of bad accounting and a lack of actions at critical points. With a good accountancy system, the slowdown in payments would have been logged and the situation monitored. The whole sorry tale could have been avoided if the correct information had been passed to those who should have known of the situation, particularly the owner who had no idea what was happening.

So what should you do to avoid this happening? Good online business accounting practices are easy to put in place and maintain. Many small businesses cannot afford a full time accountant, but still apply good accounting practices. An example of this is the ?double entry? system, whereby you record each transaction twice. What you do is have two accounts, and for every entry enter it as a debit in one and a credit in the other. The sum of the two accounts as should always cancel each other out. If they don?t then you should look for the error. That will be a good start.

Then you should always carry out analysis for each customer, and record the difference in time between invoicing and receiving payment. Once that time difference reaches a pre-determined warning level, then you must contact the customer. You should also have a stop level at which you stop supplying until payment is made. That is good accounting practice, and that way you won?t allow a customer to become dangerously over credited ? that applies irrespective of the size of the customer.

These are two simple ways for a small business to keep track of accounting errors and bad payment records of customers. Simple but essential, and they could be critical if you fail to stick to them. The company in my example (a real company incidentally) could still be going strong today had they applied the second of these two practices.

Even if you are too small for an accounting department, at least apply some simple basic accountancy principles, sufficient for you to keep track of your income and outgoings and whether or not your customers are paying their invoices. That way you could save your company a lot of grief.

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