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Rescooped by Thomas Faltin from Business Improvement
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Why Backing Up Data Is Important for Small Businesses

Why Backing Up Data Is Important for Small Businesses | Digital-News on Scoop.it today | Scoop.it

Via TechinBiz, Daniel Watson
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Luca Gabella's curator insight, December 19, 2013 9:50 AM

Sometimes backing up takes more time than proper work, but it could be wise keeping a offline copy...

WEDCBiz's curator insight, December 20, 2013 10:44 AM

Backing up data is vital, no matter how small your business.

Jemima Bornman Van Zyl's curator insight, January 2, 2014 12:41 PM

We recommend backing up data for small business owners and new entrepreneurs, because we learnt a very expensive and time consuming lesson. Our website was hacked during 2013 and we lost all content. It resulted in the re-design of a new website collecting new content. While we were busy with this project, we lose valuable new clients because we had no face on the internet web.

 

Back up daily if possible, or every second day or even weekly, but then you have the risk of losing one week's content research. I hope your find this useful and applicable to your specialized small business.  

Rescooped by Thomas Faltin from The Core Business Show with Tim Jacquet
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Three Fundamental Laws Of Success in Financial Management

Three Fundamental Laws Of Success in Financial Management | Digital-News on Scoop.it today | Scoop.it

Via Daniel Watson, Timothy Jacquet
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Tiffany Crosby's curator insight, October 17, 2013 12:05 PM

These very basics are a start but I wouldn't say that you could end there. Part of being able to do this well is to understand your profit drivers. To do this you need to understand your costs, your sources of revenue, and your competitive position. With this understanding, you are in a better position to spend wisely and invest differentially. 

harish magan's curator insight, October 25, 2013 11:02 PM

A key tenent to becoming a successful business owner, is to avoid making serious errors in financial management, and the best way to do so is to develop an understanding of the fundamental laws of financial management.

 

Far too many businesses fail to survive due to their disregard for these fundamental laws, and every business owner should make it their business, to develop a clear understanding of the laws of success in financial management.

 

This good article, suggests that there are only three things you need to do to be financially astute in business, and it provides a simple explanation of each law and how it should be applied.

Dennis Staples's curator insight, November 6, 2013 3:05 PM

Three rules to lay the groundwork for a suvccessful business!