1. Managing Your Business Presented by Strategic Business Solutions, LLC

3. Financial/Accounting Strategies

4. Human Resource Strategies

6. Key Areas of Discussion Below are key areas that will be discussing today: Accounting Controls Inventory Technology Accounting Software Packages Point of Sale (POS) Data Protection Human Resources Employee Handbook Training Reward System

7. Accounting Most small businesses do not have any type of accounting in place and have no idea how their business is performing. No historical data for sales forecasting and developing budgets. No “real time” numbers for management to make sound, accurate decisions.

8. Controls Procedures used to assure accuracy in the record keeping function. Assets and records of the organization are not stolen, misused, or accidentally destroyed. Ensures organization's policies are followed.

9. Inventory Need tight controls in place to protect against theft. Manage how much inventory is in stock and their carrying costs. Determine gross margins.

10. Technology Overview Accounting Software Packages Point of Sale (POS) Data Protection

11. Accounting Software Packages Manages all functions of accounting. Real time data to make decisions. Keep track of customers, what they owe, and when they owe it. Cash Flow

12. Point of Sale (POS) Keeps track of inventory and sales. Alerts when you need to re-order products. Analyze data to determine which products sell and don’t sell. Integrates into accounting software.

13. Data Protection Security Backup and Recovery

14. Human Resource Employee Handbook Training Reward System

15. Questions to Think About Are you keeping detailed accounting records? Do you have the proper controls in place? Do you have a handle on your inventory? Are you running your business as efficiently as possible?