Mobile application ‘ONE UP’ automates accounting for small businesses

Accounting is considered one of the most frustrating aspects of small businesses, forcing millions of business owners into heartburn-filled sleepless nights as reported by Cheyney Group Accounting Software Blog. Simply because they know they must be knowledgeable and in control of their cash flow, margins, sales figures and inventory levels.

Recently, a mobile application called ONE UP claims to lessen the amount of time used to manage accounts to just a couple of minutes each month. It is the result of 4 years of development and recommendations from customers.

It automatically synchronizes with banks and provides suggested entries that can be authenticated with one click. It is considered as “hands-free” accounting that can automatically update your inventory, handle your Customer Relationship Management (CRM) and invoicing modules.

CEO of ONE UP, Francois Nadal said that it’s as if you had a Certified Public Accountant (CPA) on your shoulder. It is an effective app for small business, and with the accounting solution they literally provide hands-free bookkeeping. Simply just after 3 months most of your data entry is eliminated as the app learns about your business.

The app is designed to perform routine tasks automatically for small businesses ranging from a sole proprietor up to those with twenty employees. It is also developed for active business owners that are on the go, so they can manage their business from anywhere using their mobile phones.

The application includes several convenient features such as the ONE UP Inventory, which will synchronize with the Point of Sale (POS) so the inventory information is updated automatically and re-ordering can be done with a single click. It can generate packing lists or delivery notes from sales orders and even updates the status of orders.

ONE UP Accounting allows your accountant to log in from another location to audit your books or export your financial records to their location.

ONE UP’s CRM will track your chats, calls and task to help you organize your time so you can increase your opportunities with new customers or repeat sales.

Using the application is quick and simple, you just need to setup your bank account information, categorize your bank entries (expense, sale, and transfer), experience easy bank reconciliation, look at Cash Flow and Profit Reports and close out the year in a shot.

When an order comes in, the app’s invoicing will begin the process and you can even customize your invoices.  It will automatically email your customer when their invoice is ready and you’re able to keep track of your invoices with notifications sent out to your customers just before their payments are due. Sales are posted automatically with no hassle on your part.

The cost for ONE UP application starts up to $9 each month for a single user, but you can sign up for a 30-day trial at their website. ONE UP has clients in over 50 countries, and its software is used by 300,000 small business users. The app is based on the highly successful business suite myERP.com, and is recognized as a major partner with Google Apps and Square, Inc.

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Cheyney Group Marketing: Hyperkin ‘Smart Boy’ joke actually a market test

What everyone thought was just another April Fool’s prank turned out to be a clever market testing strategy.

Gaming retailer Hyperkin has unveiled a hardware emulator that can turn an iPhone into a Game Boy on April 1 with the following announcement on its Facebook page: “Meet the Smart Boy, an upcoming Game Boy-compatible device for the iPhone 6 Plus. This notion art shows that it will attach to the mobile phone, turning it into a handheld gaming device compatible with Game Boy and its Color cartridges.”

Basically, the concept art looks like the control half of a Game Boy clipped to an iPhone. It has all the buttons on the classic handheld gaming device but this time, it will get power from the smartphone which is capable of providing about 5 hours straight of gameplay, as reported by Cheyney Group Marketing.

And after seeing a tide of positive response from consumers, Hyperkin came out with the punch line: “A lot of you were speculating that the Smart Boy is an April Fools’ joke. Well, it sort of was … Looks like you awesome folks ACTUALLY WANT IT, so the Smart Boy is now in development!”

The company admitted that they “leaked it with the initial intent of testing the market … under the guise of an April Fools’ Joke.” What makes it ingenious is its use of April 1 as a setting where they can safely test the market’s response to a quirky product — if it receives jeers, they can just shrug it off with a “Happy April Fools!”, but if it receives positive interest, it will endear itself to users with a “We’ll make it for you then.”

However, not everyone is thrilled with the surprise announcement, especially taking into consideration the potential infringement on Nintendo’s intellectual property rights.

Some users also commented that Hyperkin has previously been accused of software license violations when it has taken code from RetroArch, an open-source gaming project. Cheyney Group Marketing confirmed that RetroArch is under non-commercial license so if Hyperkin did use the open-source code for commercial purposes, it’s likely that there’s been a violation.

Cheyney Group Accounting Software review – Tips for lyckad familj

Cheyney Group Accounting - Tips for lyckad familj

Mer an 30.000 familjeforetag har inrattats i Storbritannien sedan 2010 och har nu 9,4 miljoner arbetstillfallen, enligt forskning av Oxford Economics for Institute for familjeforetag. Studien, som publicerades i december 2014, visade att antalet personer som anstallts av familjeforetag har okat med 5,2 procent fran fyra ar sedan och svarar for 39 procent av sysselsattningen i den privata sektorn.

Denna tillvaxt i family naringslivet innebar att det nu blir en fjardedel av Forenade kungarikets BNP, med foradlingsvardet okade med 3 miljarder pund sedan 2010 att na £360 miljarder.

Bygga ett familjeforetag och fora den vidare till dina barn kan vara oerhort givande. Men familjeforetag foreligger framfor allt agande och forvaltning utmaningar. Planera i forvag och involvera familjemedlemmar ar avgorande for att na foretag och personliga mal, gora det mesta av familjen styrkor och minimera risken for tvister. I en familj, foretag tvister snabbt kan bli personliga och personliga tvister kan paverka verksamheten.

For manga familjeforetag, haller familjen agande och kontroll ar det framsta malet. Det kan dock begransa tillvaxtpotential. Overlatelse av foretag till nasta generation kan vara valdigt utmanande och storande. Fran ett personligt perspektiv, agarna vill se till att de behandlar alla sina barn ganska, kanske inklusive bade barn som arbetar i familjeforetag och de som inte gor det. Vid samma tid, de behover for att skydda sina egna intressen, kanske dra in medel fran foretag att finansiera sin pensionering.

Nar du bygger ett familjeforetag kan sakra familjens finansiella framtid, det kan ocksa innebara en oacceptabel grad av finansiell risk. Dessa risker kan vara sarskilt akut nar personliga finansiella tillgangar ar koncentrerad i familjeforetag eller om agaren har gett personliga garantier for foretagets skulder.

Cheyney Group Accounting Software review – Hur du lokaliserar ditt varumarke

Cheyney Group Marketing - Hur du lokaliserar ditt varumarke

Underskatta aldrig kraften i forestallning. Om du serverar en client group i en liten avlagsen placering, det kommer att visa sig vara fordelaktigt att gora ditt infodda till landet. Du kan gora detta pa ett antal olika satt. Forsta, design en webbplats inriktad mot ett visst land, inte bara for ett brett omrade. Pa National Pen, vi ar for narvarande 26 olika orter, varav en i Danmark, en ofta forbisedd marknaden dar potentiella kunder ar ofta tvingade att besoka en engelsk eller tysk ort for verksamhetens behov. Du skulle bli forvanad over hur mottaglig kundbasen kommer att vara att en online-narvaro i deras ursprungliga dialekt vilket leder till hogre omrakningskurs.

Nasta, for alla prover utgaende via post eller nagra leveranser i allmanhet, poststampeln genom lokala postvasendet. Detta gor att alla mail som om det var postat lokalt aven om det skickades ut internationellt. Slutligen, rekrytera lokalbefolkning till arbete ett call center. Nar vi ser pa var Danmarks exempel igen, vi gjorde det genom att infodda danska hogtalare till den irlandska call center till speciellt tjana det marknadssegmentet. Det kommer att halpa till med kundens upplevelse vid varje samtal och se till att alla fragor ar besvarade och varje problem losas utan foorvirring. Alla tre av dessa tips ar en del av en “global, men agera lokalt” som kan komma pa lite mer av en kostnad men kommer att vara slagkraftig till kunden till laten av hogre intakter och vinster.

Nar det kommer till hur du kontaktar en kund, det ar bast att leva efter ett koncept som Google kallar “platinum-regeln”, som sager att interagera med manniskor som de foredrar. Det ar absolut nodvandigt att forvara en urkund av kundens data sedan spar av engagemang i hela tiden och leta efter beteendemonster som kommer att kora nagon konversation och gora det mer personligt. Den forsta interaktionen ar vanligtvis en bra plats att starta processen. I vart fall kan vi ge perspektiv tre alternativ nar nar vi ut med personlig penna prov med deras namn, foretag och kontaktinformation pa det. Intresserade kunder kan svara antingen genom att posta en rekvisitionsblankett, ga online till en viss webbplats eller ringa till svar. Urvalet ar vanligtvis en bra indikation pa hur de vill interagera framat.

Om kunden foredrar att kontaktas via telefon, finns det nagra fler steg att ta for att gora upplevelsen optimal. Kontrollera att klienten ar atskilda av tidszoner och utgaende samtal fokuserat antingen pa morgonen, lunch timme eller sent pa dagen for att vara mindre patrangande. Det ar ocksa valgorande for att faststalla om ett foretag har en sasongsoppen overspanningar i foretag t.ex. en revisor under beskattar tid for att undvika att avbryta en mycket viktig tid pa aret.

Cheyney Group Marketing: Venezuela’s Economy In Recession

Venezuela has verified last week that its economy has indeed entered into a recession as domestic inflation stays the highest in the region.

President Nicolas Maduro, leading the socialist administration has been blaming the opposition for the market’s poor performance.

Hugo Chavez’s apprentice, Maduro won the election in 2013 and one of the problems he was faced with is the damage done in their economy largely dependent on oil. His placing the blame on his political rivals did not help but instead resulted in tragic street protests last year which resulted in 40 people dead on all sides.

Maduro said in the press conference, “Despite the protests and economic war during 2014, Venezuela’s economic indicators have improved. This economic war, this fall in the oil prices, is a great opportunity for economic change. 2015 is the year of opportunity, for great change in the economic model.”

Meanwhile, the opposition are saying that the nation’s crisis in economy came as a result of more than a decade of socialist policies initiated by Chavez.

Various regional organizations, banks and economists have already predicted that Venezuela could be poorest performer in the region in terms of economy last year.

A statement from their central bank just confirmed that forecast even prior to Maduro’s press conference where the economic changes were announced.

In a statement made by the central bank on Cheyney Group Marketing, it said, “These actions against public order blocked the correct distribution of basic goods to the population, as well as the normal development of production of goods and services. This resulted in an inflationary spike and a fall in economic activity.

Moreover, the GDP (gross domestic product) fell in all 3 quarters last year while inflation reached 63% by November while poverty decreased to 5% and unemployment was down to almost 6%.

Venezuela also had a recession from 2009 to 2010 so it leaves doubt as to its ability to turn its economy for the better especially with the low oil prices. Apparently, during Chavez’s term, policies were greatly supported by the public leading to improved social indicators despite a low GDP.

A number of Cheyney Group Marketing experts have already suggested changes like an increase in gas prices and the unification of the country’s 3-tier currency control. However, Maduro seems to be unwilling to adopt them probably because of the expected public backlash.

Cheyney Group Marketing News: Nike Orders Decline

Nike, the largest provider of sporting gear in the world has slid the most in the last couple of quarters after orders has failed to measure up to analysts’ forecasts, mainly because of the slow demand from emerging markets.

A primary factor which contributed in the fairly high expectations is the good performance of Nike shares in the previous year. According to Cheyney Group Marketing’s statement, orders for Nike gear have previously been on an upward trend, hence the 11% gain that was predicted by analysts. As they say, when you’re already in such a high place, it’s not enough to just rest on your laurels — you have to plan how to surpass your own records.

In Nike’s biggest market alone, orders increased by 13%, but still slightly under the 13.1% forecast while in Europe, they also rose by 13% but significantly lower than the 15% estimate. Moreover, orders coming from other markets only rose by 1% compared to the 7% estimate.

Not only did the NKE shares slide as much as four percent but also those of retailers that offer its products such as Finish Line and Foot Locker.

Meanwhile, net income on the last quarter increased by 23% or 70 cents per stock which just about fulfilled the prediction of Cheyney Group Marketing analysts. On the good side though, its revenue has increased by a whopping 15% while beating forecasts of analysts.

Such orders were observed closely for most investors see them as a foreshadowing of how the brand will sell in the future.

Though NKE shares did drop because of last week’s unfavorable results, they increased fairly well on the first quarter of 2014 as the brand’s athletic wear finds its way into mainstream fashion and casual outfits through the “athleisure” trend.

Meanwhile, Nike’s close rival, Adidas, has consistently exceeded expectations of analysts by posting favorable profit and sales numbers — perhaps owing to the fact that it has reduced its profit estimate due to weak demand in sports gear.

Cheyney Group Marketing: 5 tips on having a happy budget

Many of us have that recurring nightmare of being in Accounting 101 class in college on the last day of the term for the first time — and it happens to be final-exam day! You suddenly wake up sweating and panicking and realize you have never been that good in your own financial accounting. You feel like the unfaithful servant to whom the master says, “Give an account of yourself!”

Dreams have an uncanny way of mirroring life. Perhaps, there is a way to change reality by making our dreams more to our liking. In my friend’s case, he never had an Accounting unit his entire student life; so he went on to change his dreams by reading and studying about Accounting and Finance until he gradually overcame his financial woes.

Here are 5 tips (or principles) he shared to start having a practical and efficient personal financial discipline:

  1. Have a budget

This is essential! No matter how little money you have, having a budget is a must. But if you do not have money at all, there seems to be no sense in having a personal budget. Wrong! Zero is the least money you can have. If you do not have a budget, then you will never have practice when you get some money eventually. Truth is, we all have some money, no matter how little; and knowing how to manage your money is a vital habit every person needs to develop.

  1. Start with how much you need, not how much you have

For years, my friend made a yearly money plan starting with how much he needed to support himself and to implement his projects. After many years, he finally found enough income to rent a decent apartment, buy appliances, travel more often and start living his dreams (and reduce his nightmares). Being positive, especially during those times we are really down, is not mere pretending but practicing a lifetime of hopeful anticipation. As they say: Dreams are free; so, get dreaming!

  1. Next step, obviously, is to have a realistic budget

Having a workable budget can often be depressing. (This is when you really need optimism!) Workable means allocating as much money for all essential expenses. You know you will need some more money to fill in the deficit and sourcing it is part of the Accounting problem. Realistic, ironic as it may sound, means figuring in what you need to overcome your deficit. This may mean a lot of waste of time; but it is an exercise in optimism and practice for the fat years ahead. The next step further explains what realistic means.

  1. Every budget must include a deficit budget and a plan for filling the deficit

A plan for sourcing out the money you do not have is the best part of a personal budget. It draws out the creative juices hiding within you. It could be that business plan you have had for years for a small venture that will give you the impetus to go ahead and take out a loan and do it finally. Or, you can take an extra job to raise the funds you need for the needed capital. Work your plan.

  1. It is all about discipline

Little or much, money is all about stewardship of something we do not own ultimately. People who presume too much and think they can do whatever they want with money lack the discipline and are not qualified to teach others who need budgetary discipline. And those who do not have enough money and think the same way will have a hard time acquiring the discipline they need to get over their financial problems.

Discipline is ultimately about perseverance and seeing our dreams come to fruition by the day.

Counting money and using it wisely, whatever is there left after all the necessary expenses, is a primary human activity most people still need to handle properly. And even those who have much of it have so many obligations they probably have more nightmares than those who know next to nothing about Accounting.

In the end, losing sleep over money is counterproductive. And so is losing money because you lack sleep. It is always better to be content with what you have and strive to be happy over other things money could not buy for money does not guarantee us happiness or peace.

A happy budget, remember, is one that you make because you are happy to be alive and have enough to last till the next pay day.

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