Posts Tagged ‘sage software’

ERP for small business

Sunday, November 15th, 2009
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erp for small business

Businesses need effective process, the focus of leadership and structure that can stretch to enable the company to grow safely as a massive 55% of businesses don’t make it to their fifth birthday. The observers offer shallow explanations as to why this happens. I continuosly observe three key reasons why this tragedy happens so often and to so many individuals with different backgrounds, qualifications and skill.

The primary reason is insufficient market understanding.

No foresight. For example People dream up the concept, build the product and then expect the market to flock and buy. In this connected age there is no excuse for lack of investigation before wasting any time and money on creating a product until you have solid evidence there is a market.

The second reason is lack of comprehension of the basics of business.

A significant proportion of folks starting a business know their trade, how to offer a service or build a product, but know very little about running a company.  Having the ability to read and follow the balances in the profit and loss or the balance sheet is a vital. The basic knowledge of accounting is not very often imparted well by the business books, online resources and experts with the knowledge such as accountants and bookkeepers. Vendors such as Sage software and Intuit aggressively fool business managers with their messaging that their packages are the cure for all ills.

Sage software and other vendors as usual are underserving small businesses.

Until recently ERP software solutions and packages were only affordable by corporations who had figured out that the back and front office systems need to be fused together to give a comprehensive picture of the business. One software developer NetSuite had the vision to see the opening in the market and started offering its small business ERP software. NetSuite competitors have since emerged.

The last reason companies don’t make it is a because of the absence of good management processes and policies to enable a sustainable fabric of disciplines and behaviours.


small business wisdom - ERP software and the art of survival

Friday, November 13th, 2009
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erp for small business

Running a business effectively is about organisation, focus and process as a massive 55% of businesses don’t make it to their fifth birthday. The commentators offer shallow explanations as to why this occurs. I continuosly observe three key reasons why this tragedy occurs so often and to so many individuals with different backgrounds, education and knowledge.

The primary reason is insufficient market understanding.

No foresight. For example People have the idea, create the product and then expect the market to flock and buy. In networked age there is no excuse for lack of research prior to wasting any time and money on creating a product until you have solid evidence there is a market.

The second reason is lack of understanding of fundamental facts about business.

The majority of folks starting a company know their trade, how to deliver a service or make a product, but know very little about running a company.  Being able to understand and follow the balances in the Income statement or the balance sheet is an essential skill. The basic knowledge of accounting is rarely imparted coherently by the business manuals, internet resources and experts in the know such as accountants and bookkeepers. Vendors such as Sage software and Intuit aggressively fool business managers with their messaging that their systems are the cure for all ills.

Sage software and other vendors as usual are underserving small businesses.

Large corporations years ago figured out that all of their Information systems should be fused together to give them a total picture of the business and then along came ERP software solutions and packages. One technology business NetSuite had the foresight to see the gap in the market and started offering its small business ERP software. NetSuite competitors have since emerged.

The final reason companies don’t survive is because of lack of process and procedures that provide the essential behaviours and consistency a business must have to work efficiently.


ERP for small business

Wednesday, November 4th, 2009
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erp for small business

Companies need effective process, the focus of leadership and structure that can adapt to enable the company to grow safely as a massive 55% of businesses don’t make it to their fifth birthday. The commentators offer shallow explanations as to why this occurs. I consistently see three key reasons why this tragedy occurs so often and to so many people with different experience, education and knowledge.

The primary reason is insufficient market understanding.

Refusal to look at the water ahead. For example Individuals have the idea, create the product and then expect the market to come and buy. In this connected age there is no excuse for lack of investigation prior to wasting any time and money on building a product until you have solid confirmed there is a market.

The number two reason is lack of understanding of fundamental facts about business.

The majority of people starting a company know their trade, how to deliver a service or manufacture a product, but know very little about running a company.  Being able to understand and follow the balances in the P&L or the balance sheet is a vital. The basic knowledge of accounting is rarely imparted well by the business books, online resources and experts in the know such as CPAs and bookkeepers. The problem is maginfied by greedy and short sighted vendors such as Sage software misleading the market by providing only a portion of the functionality actually needed by small businesses.

Sage software and other vendors as usual are underserving small businesses.

Large corporations years ago worked out that all of their Information systems should be joined together to give them a comprehensive picture of the business and then along came ERP software solutions and packages. One technology business NetSuite had the vision to see the opening in the market and started offering its small business ERP software. NetSuite pricing has become prohibitive as their product has increased in complexity.

The final reason companies don’t make it is a because of the lack of well thought through management processes and policies to enable a sustainable fabric of disciplines and behaviours.


Wisdom from a small business owner - Why small business ERP is key to your survival

Wednesday, November 4th, 2009
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erp for small business

Companies need efficient process, the focus of leadership and structure that can adapt to enable the business to grow safely as a massive 55% of businesses fail in their first five years of existence. The observers offer shallow explanations as to why this occurs. I consistently see three key reasons why this tragedy happens so often and to so many individuals with different backgrounds, qualifications and skill.

The first reason is lack of market comprehension.

Refusal to look at the water ahead. For example Individuals have the idea, build the product and then sit back and wait for the market to come and buy. In networked age there is no excuse for lack of research prior to wasting any time and money on building a product until you have firm confirmed there is a market.

The number two reason is lack of understanding of the basics of business.

A significant proportion of folks starting a business know their trade, how to offer a service or build a product, but not how to run a business.  Being able to understand and track the numbers in the profit and loss or the balance sheet is an essential skill. The basic knowledge of accounting is rarely imparted coherently by the business publications, internet resources and those in the know such as CPAs and bookkeepers. IT Giants such as Sage software and Intuit aggressively hoodwink business owners with their marketing that their software are the holy grail.

Small business accounting software is only half of the solution.

Until recently ERP software solutions and packages were only affordable by corporations who had deduced that the back and front office systems need to be fused together to give a complete view of the business. One vendor NetSuite had the vision to see the gap in the market and began selling its small business ERP software. NetSuite competitors have seen the gap as well and as a result lower cost easier to use solutions have appeared.

The final reason companies don’t survive is a because of the lack of well thought through management processes and policies to enable a sustainable fabric of disciplines and behaviours.


ERP, small businesses and why they fail

Wednesday, November 4th, 2009
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erp for small business

Running a company effectively is about organisation, focus and process as a massive 55% of businesses don’t survive the first five years. The commentators offer banal opinions as to why this happens. I continuosly observe three key reasons why this tragedy occurs so often and to so many individuals with different experience, education and knowledge.

The primary reason is insufficient market understanding.

No foresight. For example Individuals have the concept, build the product and then sit back and wait for the market to flock and buy. In this connected age there is no excuse for lack of investigation prior to wasting any time and money on building a product until you have firm evidence there is a market.

The second reason is lack of comprehension of fundamental facts about business.

The majority of folks starting a business know their trade, how to offer a service or build a product, but know very little about running a company.  Having the ability to read and track the numbers in the Income statement or the balance sheet is a vital. The basic knowledge of accounting is not very often imparted coherently by the business manuals, internet resources and those with the knowledge such as CPAs and bookkeepers. This subject is further exacerbated by technology vendors and their affiliates peddling small business accounting software at fledgling businesses.

Small business accounting software isnt a complete answer.

Until recently ERP software solutions and packages were only affordable by larger enterprises who had figured out that the back and front office systems need to be wired together to give a complete picture of the business. One vendor NetSuite had the foresight to see the opening in the market and started selling its small business ERP software. NetSuite competitors have since emerged.

The final reason companies fail is because of a dirth of process and procedures that provide the essential disciplines and continuity a business must have to perform efficiently.


Money saving software explained

Thursday, October 22nd, 2009
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sage accounting software

Cutting your computing costs

I want to help you save money and I am never going to ask you for a dime in return.

Every year I save a lot of euros by not spending any money on software. I discovered there was a better way as a result of being frustrated by Sage Software being out of my range. Amazing - I am easily doing most of my work using software tools that cost nothing. This is not normally included in the business curriculm at colleges. It really annoys me that someone hasn’t shared the knowledge here with small business owners.

To get the fastest benefit from this approach do the following.

* Use ten minutes of your day looking for the free software tools.
* Get Evernote to record your findings (Put aside roughly ten minutes each day to give what you find a test drive).
* In one month from now you should have found a really good list of free tools to help you cut costs and run your business.

Here is a short cut for you, a list of the great software I use everyday to get the job done. If you are about to purchase any of the basic software you need for your business, the chances are you have looked at the software I have listed on the right hand side of the page, on the left you will find their free equivalents.

I will be publishing a long list here in the near future.

Here we go:

Just type the name of the free product to the search engines

One system to manage customers and accounting

salesorder.com pricing: free Sage Software - really expensive and only does Accounting

Creating and writing Documents

Google Docs pricing: $0 Microsoft Office pricing - at least $100

Or

OpenOffice (www.openoffice.org)

Sharing ideas online

Bubbl.us pricing: $0 Mindjet pricing - at least $200

Making videos

Jing pricing: $0 Camtasia Studio pricing - at least $300

Teleseminars

DimDim pricing: $0 AdobeConnect pricing - at least $200/month

My thanks to the Sage Software incident for the inspiration!motivation to blog this and help you out.

[inserttext]…


Another business mistake avoided

Sunday, October 18th, 2009
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sage accounting software

I have been struggling for along period with my bookkeeping and I wanted to share with you a shortcut that I discovered after a lot of trial and error. People in small businesses tend to prefer doing more important jobs such as getting, listening to and keeping customers in preference to looking after their accounting. All organisations have to pay special attention to their accounting if they want to avoid problems.

When I first started out my bookkeeper suggested or should I say insisted that I used a small business accounting software package supplied by an outfit called Sage Software. Without even getting familiar with software I simply went ahead and bought the lowest cost package I could find. On reflection I am glad I didn’t burn too much money on this as this package is arguably the most badly designed and most complex software I have ever used. To be frank whenever I find the word accounting together with the word software I am always reminded of the first lesson I must share with you and that is most small business accounting software assumes the user possesses good practical knowledge of bookkeeping.

Like me I know this just isn’t the case for most small business managers and this inspired me to put aside time that I couldn’t spare to search for a solution to make my work simpler. It was really worth doing this as I found a better solution than I could ever of dreamed of named salesorder.com.

Definitely the best software I have discovered, salesorder.com works on the web and is thoughfully designed and of course lets me do my job anywhere I can access the net. Better still and the third piece of wisdom I want to share with you is that the people who work at salesorder.com are not just very knowledgeable of their application but they know a significant amount about the problems of managing a small business and have taught me the accounting I need to know.


Another business mistake avoided

Tuesday, October 13th, 2009
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sage accounting software

I have been frustrated for sometime with my bookkeeping and I wanted to share with you a shortcut that I discovered after a lot of trial and error. People in small businesses tend to prefer doing more important jobs like getting, understanding and keeping customers as opposed to looking after their accounting. Bookkeeping is a ‘chore’ that many people look forward to doing but must be done on a consistent basis to avoid issues.

When I initially began my accountant suggested or should I say insisted that I used a small business accounting software package sold by an outfit called Sage Software. Without even evaluating software I simply went ahead and bought the lowest cost system I could find. On reflection I am grateful I didn’t waste too much cash on this as this package is possibly the most unusable and most complex application I have ever had the misfortune to use. To be straight with you whenever I find the word accounting attached to the word software I am immediately reminded of the first wisdom I need to share with you and that is the majority of small business accounting software makes the assumption you have a good working knowledge of accounting.

I had to find a solution that worked for me so reluctantly I found space in my diary and allocated quality time to find an answer. It was really worth doing this as I found a more fitting solution than I could ever of dreamed of named salesorder.com.

This is possibly the simplest system I have ever used and what’s more it is internet based and therefore I can use it from anywhere I want to work. And here is the best bit I want to share with you, the team at salesorder.com know their stuff, just like their software they are a joy to work with and better still are happy to spend substantial time with their customers (even the free ones) helping folks like me to understand and address real problems in my business and to top it off they have tutored me in the accounting I need to know.


Wisdom from a small business owner - Why small business ERP is key to your survival

Wednesday, September 30th, 2009
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erp for small business

Running a company efficiently is about organisation, focus and process as a massive 55% of businesses fail in their first five years of existence. The commentators offer useless ‘insight’ as to why this occurs. I consistently see three key reasons why this tragedy happens so often and to so many individuals with different experience, qualifications and skill.

The first reason is insufficient market comprehension.

No foresight. For example People have the idea, create the product and then expect the market to flock and buy. In networked age there is no excuse for lack of research prior to wasting any time and money on designing a product until you have firm confirmed there is a market.

The number two reason is lack of comprehension of the basics of business.

The majority of folks starting a company know their trade, how to deliver a service or manufacture a product, but not how to run a business.  Having the ability to understand and track the numbers in the P&L or the balance sheet is a vital. The basic knowledge of accounting is not very often imparted coherently by the business manuals, internet resources and experts with the knowledge such as CPAs and bookkeepers. This subject is further exacerbated by manufacturers and their affiliates pushing small business accounting software at fledgling businesses.

Small business accounting software is only half of the solution.

Until recently ERP software solutions and packages were the privilege of larger enterprises who had deduced that the back and front office systems need to be joined together to give a complete view of the business. One vendor NetSuite had the vision to see the gap in the market and started offering its small business ERP software. NetSuite competitors have since emerged.

The third reason businesses don’t survive is a because of the lack of good management processes and policies to enable a cohesive fabric of disciplines and behaviours.


Don’t spend anything on software until you have read this

Tuesday, September 29th, 2009
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sage accounting software

Cutting your IT budget

I want to help you save Cash and I am not going to ask you for a penny in return.

Every year I save thousands of euros by not spending any money on software. I needed a better deal and systems for my business, I was evaluating Sage Software which left me cold and inspired me to write this article. Just like me You can now do most of the key tasks in your business using software that costs zero. So here is a skill they won’t teach you at business school. Every small business owner I have talked to in the last three weeks didn’t know about the mass of free software available on the internet.

I just follow these three steps to get the free tools.

* Take 10 mins everyday and carefully search for each category of tool you need.
* Search on Google for Evernote (free) and use this to capture your findings.
* Put aside roughly ten minutes each day to give what you find a test drive.

In telling other business owners about my cost cutting I have found that it generally takes a month to find what you need and get up and running. I want to make your life as easy as I can so here are some examples of stuff I use everyday.

The software listed on the left is free and in some cases there is an upgrade to a paid version but don’t let this daunt you I get by with the free version most of the time (to help you easily identify what each tool does I have listed their “paid” for equivalents on the left hand side – I hope this helps).

Here we go:

Just type the name of the free product to the search engines

One system to manage customers and accounting

salesorder.com pricing: free Sage Software - really expensive and only does Accounting

Creating and writing Documents

Google Docs pricing: $0 Microsoft Office pricing - at least $100

Or

OpenOffice (www.openoffice.org)

Sharing ideas online

Bubbl.us pricing: $0 Mindjet pricing - at least $200

Making videos

Jing pricing: $0 Camtasia Studio pricing - at least $300

Teleseminars

DimDim pricing: $0 AdobeConnect pricing - at least $200/month

My thanks to the Sage Software incident for the desire to write this up and help you out.

More soon…