Tips from June 29, 2009
The Small Business tips today will be about ways to safeguard your finances to save money.
- Keep track of every
purchase by saving receipts from transactions. Find an effective way to
record purchases, whether a computer program or check book. Validate
purchases by keeping up with bank statements and your purchases. ABC
members have a discounted program, Shoeboxed.com, for record keeping.
Try http://bit.ly/7Qb58.
- Back
up your computer! A virus, crash, or even a simple computer malfunction
can erase data and records. If you have a computer program for your
finances, back that up as well. Losing this information could cost
your business hundreds of dollars and many hours of recovery. Save
your information on an external hard drive to ensure safety.
- Check,
recheck, and check again on your bank statements. Although unlikely,
there is a chance for an error in the banking system and could
accidentally cost you money.
- Don't give out your credit card or bank account number. Safeguard those in a safe place, and beware of email and online scams.
Daily
Overview: Ensure financial safety by keeping records accounted for and
tracked. This will not only save you money but countless hours for
recovery.
Here at ABC we post these small business tips to our employee's Twitter
account each day, Monday through Friday. This is a reposting of those tips.
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