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 unl...
By Cheryl Sowa · June 29 2009
small business tips, small business, bank, computer
Last time I looked, American Express was not a bank. They were a credit card company like VISA and MasterCard. However, unlike its revolving debt counterparts, when AMEX gave you plastic and you racked up debt, you had to pay-off each month. Because of this, American Express was a great card to give your college-bound teenager. It was a lesson in fiscal responsibility and living within your means.
Those days, like so many other fine things here in America, are gone. Now, AMEX is a bank.
The Bank of AMEX
The change is not precisely unexpected. We live in perilous times with the government pumping out money at an unprecedented rate to “bail out” Wall Street, AIG, banks, the automakers, the mortgage market, so on and so forth. They say the next wave in the money-tide will cover credit card debt gone bad. American Express couldn't wait for the next crap sandwich of economic largess to be pushed down the taxpayers' throats, they wanted a bite from that or...
By Charles M Cooper · November 11 2008
small business, american express, bank, bailout
