Cloud solutions continue to increase

Cloud solutions are being adopted by more and more companies as online platforms become a more viable proposition for reducing costs. According to data from IT research company Gartner, 80% of companies indicated that they intend to use cloud solutions within the next 12 months. This comes in spite of the fact that 55% of those companies currently have no cloud platforms in place, highlighting the rush to implement cloud solutions. As a result, providers are rushing to meet demand, meaning business is booming despite some concerns over the risks to business operations of adopting cloud. Ensuring security is vital for most businesses that are keen to make sure their data and key information is not easily accessible. Gartner also revealed that only a small ...

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Top 10 business tips for new companies

  Starting a new business can be very rewarding, but also gives the potential entrepreneur lots to think about. Here are 10 business tips to help the new business manager get off on the right foot.   1. Write a plan. As the saying goes, failing to plan is planning to fail. Any plan should include a financial plan, sales and marketing plan, and resource plan as a minimum. For a free business plan guide click here.   2. Set your self targets, whether it be sales, profit, number of customers or to achieve a task by a specific date. Write them down and review them regularly. It is widely recognised that those people who document targets and review them, are more successful than those who ...

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What is Cloud Computing?

Cloud computing has emerged as developments in broadband, hardware, and web technologies have come into alignment, creating huge potential which has in turn fired the imaginations of developers and programmers alike. Put simply -- widespread high speed internet access and cheap powerful processing power is now quite common and, when combined with new web-based programming tools and platforms, the internet is not capable of much more than just browsing and shopping. This is why we've seen an explosion in social media, iphone apps and all those annoying farms and games on Facebook as techies and geeks around the world explore and play with all this potential and new ways of doing things, just because they can! The ultimate example of this ...

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What does the end of cheque guarantee cards and cheques mean for business?

On the 16th February 1659, towards the end of Oliver Cromwell’s Commonwealth period, the first cheque anyone knows about was issued.  By 2019 (360 years later) we are likely to have seen the last! The first step towards extinction of the cheque will be June this year with the end of the UK’s cheque guarantee card scheme.  After 30th June, consumers will no longer be able to guarantee a cheque up to an amount (a maximum of £250) by handing over a plastic card, usually a debit card.

Although use of the guarantee scheme is in severe decline, an estimated four million people still regularly use guaranteed cheques, typically in shops and to pay bills and tradespeople.  For those businesses that rely

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Liquid Accounts Features in Government Technology Magazine

Liquid Accounts' MD, Matt Holmes features in the latest issue of Government Technology Magazine talking about the advantages and potential cost saving of cloud computing for public sector organisations.  He was invited to write the article in his capacity as Chair of the Cloud Computing Special Interest Group for BASDA (the Business Application Software Developers' Association).  It is the lead article in volume 9.7 of the bi-monthly magazine published by PSI. Matt said, "This is an interesting and very poignant issue for the public sector at the moment: In our current 'age of austerity' cloud computing offers the potential for great cost savings, reductions in resources and streamlining of out-dated processes.  The private sector, particularly smaller businesses, has already embraced cloud as an antedote to the recession, whereas the public sector seems to be behind ...

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Is it safe to do my accounts online?

It’s safer doing your accounts online with Liquid than doing your accounts by hand or keeping them on your PC or laptop.  When using traditional, desk-top software, that is loaded and saved onto your computer, you can easily lose everything if that computer gets lost, stolen or destroyed.  Even if you take a regular manual back-up you have to remember to do it and ideally keep it in a separate secure location.  Otherwise, if the worst happens, both are at risk of being stolen or destroyed together! Servers/Back-ups One of the major advantages of using Liquid Accounts is that secure hosting of your data and automatic regular back-ups are included in your subscription, free of charge. Both our software, and your data are ...

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Getting on the cloud

What is Cloud Computing? According to Gartner’s technology trend forecasts, cloud computing will be mainstream within 2 to 5 years, but at the moment many people are still unclear about what it is and what it can do for them and their business.  One of the big problems is that because it’s so new and is moving and developing so fast, it’s difficult to actually pin it down with a definition.  On a very basic level: âہ“Cloud Computing involves vendors supplying computing services to lots of customers over the internetâ€Â It brings together lots of internet technologies and developments under one umbrella and essentially offers a new way of delivering IT services. And the good news is that if you can cut through all ...

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How Cloud Accounting Helps Small Businesses Thrive and Survive

Whether it’s flooding, Arctic conditions, or volcanic ash clouds, more and more, extremes of weather and â€Ëœacts of God’ seem to be affecting our businesses (as well as our lives in general) and their chances of survival.  During last winter’s snow and ice, 1 in 5 workers failed to get to work, an estimated £600 million a day was being lost, and 2000-3000 companies were predicted to fail.  More recently the Centre for Economics and Business Research (CEBR) estimates that disruption caused by the Icelandic volcano cost the UK economy around £100 million per day! And add to that, the current instability of the economy both in the UK and around the world, and the forthcoming emergency VAT and tax changes, ...

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Cloud Computing: The Next Disruptive Technology (and not just a new fad!)

Cloud Computing: The Next Disruptive Technology (and not just a new fad!) âہ“It’s too limited!â€Â âہ“It doesn’t work the same!â€Â âہ“I don’t understand it!â€Â âہ“It’s not safe!â€Â You may think that I’m talking about the â€Ëœnew and scary’ Cloud Computing or Software as a Service, but whilst these are some of the things that people are saying about the new online technologies, I’m actually talking about some of the things that were said about steam trains when they were the latest technology.  My point being, that whenever a new disruptive technology comes along (and yes, I do believe that this is the new disruptive technology!) that’s destined to revolutionise the way we do things and render the old technology obsolete, this is ...

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Cloud Accounting & Disruption Planning

Whether its flooding or the recent Arctic conditions, the weather seems to be having more and more of an effect on businesses (as well as our lives in general).  During December and January’s snow and ice, 1 in 5 workers failed to get to work, an estimated £600 million a day was being lost, and 2000-3000 companies were predicted to fail.  These figures highlight the potential risks that our businesses face from circumstances beyond our control - and according to business information specialist, Dun and Bradstreet, 9% of businesses fail every year because of â€Ëœdisaster’. The simple fact is that for most businesses, if you can’t get to your premises (snow) or your premises are damaged or destroyed (flood, fire, theft) then ...

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