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Melinda Powelson
Member since 05th October 2006

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Displaying 1 to 15 (of 22 articles)
Every business generates and must maintain sensitive information. It can be trade secrets like research and development, customer lists, vendor lists or accounting records. It is also sensitive personal information about your employees and if you offer...
Starting a small business isn't for the faint of heart. Think of it as a huge jigsaw puzzle that each piece needs to be put perfectly in place in order to have a successful startup. What happens if there's a few missing pieces? If those missing pieces ...
Most people don't give this a lot of thought until they're faced with a mountain of documents that need scanning. It can take days, even weeks, to get documents scanned – depending on the type of scanner you have and how well you've prepared your doc...
The Fair and Accurate Credit Transactions Act (FACTA) requires that all businesses, regardless of size or industry, protect and dispose of sensitive and personal data they collect about their customers. This rule, which was enacted by the Federal Trade...
Every office today has a computer, and every office-supply store has accounting software you can load onto your computer. Each year, these software packages become more intuitive and easier for the beginner to learn and understand. Why then, sho...
When deciding if your business should switch to document scanning or stay with records storage , there are a lot of things to consider. You want to be able to get your hands on the documents you need when you need them, but you also want to find ...
To be FACTA compliant, all businesses need to properly destroy the personal and sensitive data of their customers. Professional document shredding boils down to two choices: mobile document shredding or off-site document shredding. Knowing which to c...
It is easy to see that data is the foundation of a successful business. While most businesses back up their data to removable media, tapes or USB drives being the most common, many businesses leave the backup tapes right next to the server. The risk they ...
As concern over global warning increases, businesses are under pressure to reduce their impact on the environment. While it is easy for a factory to identify how they can reduce their carbon dioxide emissions, what about the average office? One simple ...
If you operate a small business, you likely have uncollected funds from clients/customers that are making a difference to your company's cash flow. Being owed money can affect your finances deeply, even causing you to go into debt with your creditors w...
Are you considering firing your current accountant in favor of a new one? If so, you're probably not sure if you're overreacting or if you have just cause. The following warning signs will help you decide if it is time for you to change accountants:
Small business owners face a myriad of decisions every day and, at some point, will need to decide if they should hire a lawyer or not. In starting a new business, most people are aware they will need to hire an accountant at some junct...
Receiving a Notice of Audit from the IRS is just the beginning of a stressful, worrisome, and possibly even fearful, situation. While you may feel like panicking, that's the last thing you should do! So, take a deep breath and read on. You can surv...
Small businesses have a myriad of forms, financial reports, payroll, and other necessities that may require a bookkeeping service. If you are the owner of a small business and aren't sure if a bookkeeping service is right for you, the following fiv...
Starting a new business is exciting, but in that excitement are a lot of decisions to be made. Out of all them all, the financial backbone of your business needs to be seriously taken into consideration. A large part of that are the accounting decisions y...