Happy Friday! I hope you had a fabulous week! Today, I was thinking about quality. As you have learned, Quality is what the customer says it is, not what you think it is. When does quality begin and how do you ensure your efforts bear fruit in a quality improvement engagement? “Quality begins with educationContinue reading “E.O.W (End of the Week) Notable Tip: Quality Improvements”
Author Archives: Notable Office
Top 10 Business Tax Shelters You Should Know
As we all know, two things are certain in life, death and taxes. I personally enjoy doing my taxes but like everyone else I don’t enjoy paying them. In business, it is critical that you know all the deductions that are available to you when it comes to keeping your bottom line healthy and yourContinue reading “Top 10 Business Tax Shelters You Should Know”
Lean Wednesday Tip: Issuing Section 1244 Stock
“Small C Corporations benefit from issuing Section 1244 Stock as it offers shareholders better tax treatment if they lose money on the disposition of their C corporation stock. It is best to create a written corporate resolution that specifically states that the shares are Section 1244 stock. Also, make sure to authorize more shares thanContinue reading “Lean Wednesday Tip: Issuing Section 1244 Stock”
E.O.W (End of Week) Notable Tip: Key Performance Factors for effective Supplier Selection
Happy Friday! Hope you all had an amazing week! Today, I want to discuss the 12 most important factors you should consider when choosing a supplier. These are important because they ensure supplier selection success and help you realize quality opportunities. Without further ado, please read below for the top 12 factors to consider whenContinue reading “E.O.W (End of Week) Notable Tip: Key Performance Factors for effective Supplier Selection”
Lean Wednesday Tip: Client Relations
“Never let a client treat your employees badly and if such incident does occur fire the client immediately. It is of most importance that the clients you work with have cultures that naturally sync with yours. A sale is never worth the mistreatment of your employees.”
IT Asset Management Checklist
It is important that you are periodically auditing and logging critical IT assets for the purpose of minimizing security, conduct and financial risks. Below I have noted the most important assets that should be properly logged and have auditable documentation. IT ASSET MANAGEMENT CHECKLIST: Hardware and Software computer user, UPC, location, model number, et ceteraContinue reading “IT Asset Management Checklist”
E.O.W (End of the Week) Notable Tip: Decision Making
Happy Friday! I hope you are all doing well. I’ve been currently reading, “Business Adventures” by John Brooks and am fascinated by Xerox’s culture during the late 1940s. I learned that employees put up their mortgages to ensure the success of the company. Will your employees be willing to do that for your company?! Nevertheless,Continue reading “E.O.W (End of the Week) Notable Tip: Decision Making”
Lean Wednesday Tip: Accounts Payable Performance
“By encouraging your A/P team to report and make critical department KPI metrics visual, such as, process cycle time, activity lead times, and cost per invoice with industry and competitor comparisons you realize the opportunity to reduce costs, increase productivity and streamline processes.”
How to stop Freight Charges from eating away at profits
The shipping and delivery cycle time race amongst valuable brands like Amazon and Walmart is a fierce one. Many parcel companies like UPS and FedEx may offer discounted rates for delivering on time but the real question is, “Are they actually delivering on time?” By implementing effective visual internal controls, your company’s accounts payable teamContinue reading “How to stop Freight Charges from eating away at profits”
Notable Friday Chat: Fraud Risk Management
Happy Friday! I hope you’ve had a great week. With that said, I want to leave you with a short message about Fraud Risk Management. Until next week, have a wonderful weekend and remember, “Success is continuous improvement”! “To minimize fraud risk, top management must be committed to a Fraud Risk Management program, implementContinue reading “Notable Friday Chat: Fraud Risk Management”
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