I’m delighted to announce that Suzanne Morter (CMA, B.Mgt.) has joined our team.
Now, our clients can benefit from “turn-key” accounting setup, bookkeeping counsel, and “business intelligence”– and they’ll also love her warm, energetic and tactical approach.
From Suzanne’s LinkedIn page:
At the end of the day, your life will be easier, you will have more time on your hands and you will know, at any moment, exactly how your business is fairing.
Ultimately, we believe that Cloud technology and innovation will change the way business is run forever.
Contact us today to talk about how Cloud integrated software will change your business. We’re ready to help you grow!
We recently added Backblaze to our toolkit and you should too. It’s possibly the most affordable way to backup your entire Mac to the cloud. It’s simple, efficient, and even hooks into our Monitoring system so we can oversee it for you.
An added feature is the ability to access any file you’ve backed up using your iPhone or iPad.
You can read more about Backblaze for Mac here.
Or you can immediately download and install Backblaze for Mac here.
We will make your Mac based accounting simple. From start to finish, our team will implement your accounting system, and even do your periodic bookkeeping work such as entering receipts, generating invoices, recording time-sheets, and more.
We use industry leading technologies such as Xero, Receipt Bank, Vend and SimplePay.ca to make your system user friendly, intelligent, flexible, and collaborative. Your accountant will love you.
This is not an easy question to answer. I like to start by referring to some research and surveys conducted by the Gartner Group, TechTarget, or other analysts. The most common range they talk about is 4% to 8% of Gross Annual Revenue for small to medium retail or distribution businesses.
I’m not convinced this applies to every business, and there are many variables to consider, but if we use these numbers as a starting point, with annual sales of $250,000, the budget range is between $10,000 and $20,000.
To reiterate, for a business with sales of $1,000,000 annually, that’s between $40,000 and $80,000 for information technology spending every year.
I tend to make more conservative recommendations. In my experience, especially because technology is a moving target, I believe a company should overhaul their I.T. systems every 3 years using those numbers as a guideline, and then spend about half of that amount in years 2 and 3 on maintenance and support. To clarify, with sales of $250,000 that’s $10,000 to $20,000 in year 1 and $5,000 to $10,000 in each of years 2 and 3.
The thing that trips up a lot of business decision makers (especially entrepreneurs, who by nature are incredibly shrewd) is that this can’t be looked at as discretionary spending… in 2014, I.T. is a crucial part of most businesses. What we really need to do is quantify the benefits of that spending– analyze the Return on Investment if you will. We can help you to do just that. To have a deeper conversation about this, give us a call– one of my most important services for our clients is Mentoring. My background in Accounting, Auditing, Business Analysis, and Technology can help provide answers to these questions.
With breakthrough iOS devices and a powerful line-up of Mac notebooks and desktops, you have everything you need to transform your business. We make it easy to manage fleets of these tools efficiently and securely.
We help small to large businesses to streamline their I.T., saving money, saving time, and increasing productivity.