You may actually care about your company managing their assets when you will hear that they will be saving money by managing them in the right way. This of course means that this Christmas you could in fact be in store for a very nice bonus. How is it possible this could be happening for you? read more »
Christmas is a very important time of year for a company and as everything comes to a close for one year you have to be either looking forward to a new year or of course dreading the next. Whatever the case you still need to take care of the company when everyone is away and using something like asset tracking can really help when it comes to looking after things when the boss is out of the office.
Asset tracking allows a company to only look at the broken assets when they need to be looked into meaning your compnay may have spare cash at the end of the year. read more »
There are many companies that have suffered closures this year, some bigger than others but what are the reasons behind this?
Woolworths PLC
Well as a former member of the group I must say that I know exactly why the company closed and part of it was indeed down to the poor fixed asset accounting that the company had been doing. Woolies (as the public knew them by) were a huge company and they failed because of the idiots running it. read more »
Well before you even think about asset tracking you need to think about asset management as this is the thing that every company must do and everyone has to note down which assets they have.
So what is asset tracking? Asset tracking is actually more software that helps out the companies using it, basically it will track the assets so it is important for both big and small companies. read more »
Something that people often forget about when they are starting up or running a business is asset management and it is actually a very important part of the business.
So why do you think companies are in need of something like this? Well it really does help save on money in the long run. read more »
If you are just starting up a business it can really be very difficult to come to terms with some of the things that you are going to have to do as owner of the company. If you already have your own business or work in one then this cold help you too.
Are there any real differences between Tangible assets and Intangible assets? read more »
We’ve all used them, spreadsheets, whether it’s to do a simple list of items, or whether you are looking to create advanced sums for business forecasts. Even though they are not really advanced enough for some of our requirements, we still use them. No doubt that is because they are bundled into our operating systems and we would rather use something that’s not quite perfect instead of buying a decent one. read more »
Whether you are a US company, or just a company with links back to the US, you may be required to know about the Sarbanes Oxley act. If you are a US company that has never heard of the act, then you will have most likely have learned something new. It’s a United States act. read more »
Nobody likes to spend money that they don’t need to, particularly in a business and especially during a global recession. Having to invest in items that you already own can really effect your business, you can spend anything from a few hundred to a few million pounds.
These are just some of the areas where your company may be overspending: buying equipment and tools you already own, paying insurance on items you don’t have, losing equipment due to poor security. read more »
Asset management can be the worst job you have to do in your business. Although everyone hates doing it because it takes time and can lose your business money if not done correctly, it’s still a vital part of any business. Getting up to date information about what assets you have is extremely difficult. read more »