Gerald Chait blogs about SBR and what it means for small business.
“An SBR-enabled application translates your information into a language the government agency systems instantly understand and analyse; meaning you get immediate validation and quick responses.”
You may have heard terms like cloud computing, cloud services and software as a service. In plain language, they mean accessing technology products via the internet and paying a predictable recurring fee, rather than paying for expensive hardware and software.
There has been a lot of buzz and confusion about cloud computing, so we asked Dr Werner Vogels, the Chief Technology Officer for Amazon Web Services to bust the four most common myths about cloud computing.
The first point is that there are a lot of consumers out there shopping for a better deal and your competitors are increasing the savings for those who take the time to compare broadband plans online (for example) to find a better deal.
We continually hear about how larger companies have utilised social media to communicate with their customers but conversely, statistics show SMEs are not having an impact in this space; in fact, they are not doing much at all.
A comprehensive survey of Australia’s small and mid-sized businesses has found owners and operators are increasingly turning to personal credit, loans from friends and family, and savings as a means of plugging cash flow gaps.
Traditionally as a business grew and began to add PC’s they would add a server to store documents and then to manage email and printing. At some point they would add an application for accounting or stock control and customer management. This generally meant that they would be a server PC that would sit “On-site” under a desk in the office.
Griffith University is launching a program to connect south-east Queensland small to medium businesses with skilled graduates and students called Griffith Talent.
Cloud computing or Cloud services, subscribing to software and other IT over the Internet, has leveled the playing field for small businesses by giving them access to world class, enterprise quality Cloud services at an affordable price.
I have been asked by a Dynamic Business reader (thanks to @djcoombes74) to discuss the costs associated with debt recovery. The collection of debt is an important topic for businesses and an area that is often poorly managed.
