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Accounting
25 Money Saving Tips for Small Business
Paying employees for the time they actually work
posted by Jane Giles on November 7, 2008 at 11:59 AM PST
With so many small businesses struggling, you failed to mention an obvious solution for cutting & controlling costs -- replacing obsolete timeclocks with cost effective timecard applications. With basic packages retailing for less than a conventional timeclock, these time-tracking solutions are affordable for any small business owners. Their numerous virtues include eliminating time-consuming administrative tasks, such as totaling timecard hours to improve employee productivity, as well as reducing costly payroll errors. These systems use various data collection mechanisms -- the method by which employees clock-in & out: barcode or magnetic stripe swipecards, RFIDs, and biometric recognition technology -- which is especially popular for its elimination of "buddy-punching," preventing co-workers for clocking-in/out for one another. Employee time & attendance systems also help small businesses schedule more efficiently. They red-flag unauthorized overtime and early arrivals, enabling employers to have greater oversight and control of their most important resource. Those seeking more details should visit www.countmeinllc.com, an award-winning leader of fingerprint-based time-tracking applications and other workforce management solutions.
Great list
posted by Eve Lopez on November 7, 2008 at 02:28 PM PST
Thanks for a great list on how small businesses can save money during hard times. Business.com is offering 10K to small biz owners or entrepreneurs who have solved a tough business challenge: www.whatworks.business.com
Inexpensive Online Credit Card Processing Services
posted by Michael Rupkalvis on November 16, 2008 at 05:59 AM PST
A internet merchant account can be an inexpensive way to offer online credit card processing services to your customers as long as you sign up with a provider that waives monthly minimums, annual fees, and does not charge a set up fee. By asking the right questions you can save your small business a lot of money but yet still offer online credit card processing services to your customers.
Michael Rupkalvis
The Transaction Group
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