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The best of small business education, pulled here to you. Here an entire community of seasoned business owners as well as partner companies come together to provide FREE information and tutorials to those who are the up-and-coming.


Monday, December 8, 2008

Tweet Tweet....Tweet....




: From Wikipedia

Twitter is a free social networking and micro-blogging service, that allows its users to send and read other users' updates (otherwise known as tweets), which are text-based posts of up to 140 characters in length.

Updates are displayed on the user's profile page and delivered to other users who have signed up to receive them. The sender can restrict delivery to those in his or her circle of friends (delivery to everyone being the default). Users can receive updates via the Twitter website, SMS, RSS, email or through an application such as Tweetie, TwitterFon, Twitterrific, Feedalizr or Facebook. For SMS, four gateway numbers are currently available: short codes for the United States, Canada, and India, as well as a United Kingdom-based number for international use. Several third parties offer posting and receiving updates via email. Twitter had by one measure over 3 million accounts and by another, well over 5 million visitors in September 2008 which was a fivefold increase in a month.

Here is what Twitter is in a nut shell:



How to get started with Twitter:

Twitter 101:



How to use Twitter:

Advanced options – What are people tweeting about?



More information:

Come follow me on Twitter


http://twitter.com/anthonyblando

Wednesday, December 3, 2008

Bookkeeper Accused Of Stealing Nearly $400,000 From Employer

A bookkeeper for a local company is accused of stealing money by paying her own credit cards with company funds. I’m sorry to say it, but it reminds me of the movie Matchstick Men with Nicholas Cage. The conman’s famous saying is “I didn’t steal it, you gave it to me!” In order for her to steal that kind of money over four years, she had to go virtually unchecked the entire time. All the money was put right in her hands with no accountability!
First off, insurance expert Scott Simmonds has great tips to avoid employee theft.

Second, being in the business of financial management and bookkeeping, I can throw in my two cents to help others avoid this tragedy.

Do an external audit of your company every year with an accounting firm. An external audit would pick up on anything suspicious, so fraud could never last more than a year. As an added benefit, you will also be fully prepared for the IRS should they come knocking.

Insist your bookkeeper provide financial reports and read with a careful eye. If you don’t understand reports, call me. Every business owner should know how to interpret financial statements.

Don’t let your bookkeeper sign checks. Instead, use the bookkeeper to enter the data and produce invoices. Have someone else pay the bills online and sign the checks the bookkeeper prints.

Lastly, consider using a service to do your books (note the conflict of interest here). With a service, you are dealing with a company that carries the responsibility for its own employees and will work directly with you on your finances.

Following these tips insulates you from giving all your company’s money to your bookkeeper. Bottom Line: Never let any one person have total financial control and autonomy. People holding money need to be accountable to someone, or the temptation may just be too great.

Mike Freeman