Can Asset Tracking Help Educators Justify Standing Desks?

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Students who used raised desks, with stools nearby, burned 15 percent more calories compared to students using traditional sitting desks, according to research conducted and published by a Texas A&M associate professor earlier this year. The trend of standing desks has gained popularity in … [Read more...]

After the Storm: The Importance of Accurate Asset Records

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Superstorm Sandy, hurricanes Katrina and Rita, and the 2013 OK tornados were all shocking, unfortunate reminders of Mother Nature’s power. While some businesses, homes, and schools escaped relatively unscathed, others suffered catastrophic losses. Unforeseen disasters, natural or otherwise, can … [Read more...]

Spreadsheet Accounting: Fixed Asset Management

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When you first imagined starting your small business, you probably envisioned all the benefits of ownership: freedom to make decisions, being your own boss, and, of course, future profits. In fact, financial success is more than likely the driving force behind your persistence. However, financial … [Read more...]

Inventory Nightmares: More Stories of Inventory Tracking Hell

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This isn’t the first time we’ve shared stories of inventory tracking nightmares—instances when improper inventory tracking led to scary situations—and it likely won’t be the last. Although a solid inventory tracking system is important, many businesses don’t have an accurate and efficient tool to … [Read more...]

4 Reasons Education Needs Mobile Asset Tracking

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There’s no doubt that mobile devices are changing the way today’s students learn—in fact, over half of students (60%) use mobile devices for anytime research, according to the 2013 Speak Up Survey from Project Tomorrow.  However, that isn’t the only way mobile technology can make a difference in the … [Read more...]

5 Asset Management Best Practices

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Managing fixed assets—the long-term pieces of property used in the production of income—is a challenge that grows exponentially as your company grows. Asset management is a responsibility that requires the best tools, systems, and practices in order to stay on top of things. If you’ve been … [Read more...]

Deciding Between a Fixed Asset or an Inventory Management System

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According to the State of Small Business report, an incredible 46% of small businesses don’t track their inventory or use a manual process to do so. Inventory and fixed assets are sometimes treated as assets on a company’s balance sheet, though not all assets are inventory. With these practices, … [Read more...]

Hitting the Numbers: Make Your Fixed-Asset Turnover Ratio Shine

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Growing a profitable business is both challenging and rewarding. Closing a big sale or introducing a new product can be energizing. However, it is the back office and financials that often separate strong companies from those who merely struggle to survive. When it comes to financial management, … [Read more...]

Capital & Revenue Expenditures: Optimizing Asset Tracking

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New entrepreneurs and those interested in asset tracking, require an in-depth understanding of various small-business expenditures; including their uses and their drawbacks. Revenue and capital expenditures are different aspects of a similar field, and those armed with the appropriate knowledge may … [Read more...]

Asset Tracking: Improving the Customer Service Experience

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There’s nothing worse for a business than customers experiencing bad customer service. The question for most businesses isn’t “Should we provide good customer service?” but rather, “How do we provide it?” And perhaps even more pointedly, “What is getting in our way of providing it?” One area that … [Read more...]