The Financial Fox
Founder at http://www.money-fox.com/
Personal finance & lifestyle blogger. Massive geek , living on coffee, my nerve(s) and my wit(s)
These days, almost everyone has at least one bank account. The days of stashing your money under the mattress are long gone. In fact, some of us rarely even see cash. We get paid directly into our accounts, bills are paid by direct debit and purchases are made using cards. So, having a bank account that works well for you is very important.Read More
There’s no doubt about it – cloud computing is made for the small business owner. At a basic level, it saves you money. There’s no need for email servers, file servers or any specialist software. In addition, you can use cloud computing services through virtually any platform, from your laptop to your mobile, giving you the facility to conduct business and collaborate with your colleagues from wherever you happen to be and at any time of day or night.
But it’s not simply about data storage; cloud computing is set to revolutionise the way we do business, even at ground level.
If you break it down to what cloud computing can do for you, there are effectively three levels of service. The first is the one that most people are becoming familiar with: Infrastructure as a Service. This level provides virtual hardware in the form of data storage. Using cloud computing, employees can access the data they need through the Internet, meaning that they don’t have to be physically based in an office. They can work from home or conduct business on the move. With data storage comes the obvious concerns about security, but the majority of cloud computing services are incredibly safe and less susceptible to the dangers of hacking than data you keep on your laptop hard drive.
In addition, some services offer a virtual backup so if the worst should happen, your data is automatically accessible. It won’t affect your daily business whatsoever. As many of us know, accessing a physical back up is a different story and can take hours.
Level two, known as ‘Platform as a Service’ (PaaS), is a step up the ladder. In addition to the storage facilities, you are also provided with all the tools and resources to create your own programs and software. Again, this is a great money-saver, as you don’t have to pay out for the additional software and hardware you’d need to do this from scratch. On top of this, cloud computing can also integrate with your existing accounting software, such as Intuit’s QuickBooks. By absorbing that software into the mainframe, all the data you need to be stored and updated is done so, automatically; while QuickBooks makes accounting infinitely easier, integrating it into PaaS gives you another level of flexibility. The numbers are safe, yet accessible and constantly being updated in line with your accounting.
In addition, collaboration between colleagues is made even easier; documents and data from services such as Gmail can be downloaded, amended and sent back to their original positions or shared between employees, to gain instant feedback.
The third level, Software as a Service (SaaS), is possibly the most valuable to small business owners. It provides you with software and programs that are ready to go and can be operated remotely; no installation – it’s all there for you, at the click of a mouse. SaaS services are instantly integrated into your existing systems, so you don’t have to worry about whether they’re compatible with your current hardware – it’s all done for you.Read More
Knowing that we have health cover in case something goes wrong gives us peace of mind, but it is also giving many sleepless nights, as they toss and turn and worry about how they are going to pay for it. Private health insurance is considered an indicator of preventive health levels and the higher the level of care a memberRead More
One nugget of wisdom that has emerged in the wake of the global financial crisis is that people are now saving far more than they used to, before the crisis. That was then – this is now. Back then, we used to splurge on credit card purchases, thoughtlessly increasing our credit limits to sky-high thresholds.Read More
The boom of the online workforce has been touted in the media for several years now, with the advent and increased accessibility of social networking websites. Along with them, professional platforms also grew prominence, as did recruitment and contracting portals such asRead More