Accounting is by far one of the most important aspects of starting and operating a successful business. So, business owners beware. While it’s easy to get caught up in the glamorous task of designing your website or choosing the perfect business name, without a solid understanding of the numbers, you will not survive. The streets of […]
Archive for the ‘Ethics’ Category
Customer Centric Culture
May 25th, 2018 
TBI Admin In my exclusive column for CustomerThink last month, I shared my “top tips” for creating the right culture to enable an organisation to become genuinely customer centric. Whilst the list of seven things is by no means exhaustive, in my experience, together they provide a remarkably solid foundation to embedding the right environment and supporting […]
3 Reasons Websites Are Vital for Small Businesses
May 16th, 2018 TBI Admin Running your own business is no easy task, and your to-do-list is guaranteed to never end. This said, you shouldn’t use this as an excuse to take short cuts when it comes to having online visibility. Beginning with your website, it’s vital to position yourself online with a strong, professional destination that gives customers the […]
Managing Sustainability Risks and Driving Value
June 1st, 2017 TBI Admin Sustainability is a hot-button issue for modern businesses — it impacts everything from raw material sourcing to employee retention. By finding ways to manage sustainability risks, you can avoid costly problems and drive value where it’s needed most. Set Up Sustainability Metrics Like any other part of your operations, metrics are a key part of […]
The Durbin Amendment Explained
November 29th, 2016 TBI Admin Every time you swipe your debit card, you draw into the Durbin Amendment – a law that costs consumer an estimated $4 billion annually. The amendment, part of the 2010 Dodd-Frank law, sharply lowered debit card interchange fees — charges that stores pay banks when a customer makes a purchase. Supporters said the measure, sponsored […]
Posted in Business Topics, Ethics, Internal Controls, Strategies 
Tags: Durbin Amendment 
No Comments »Security Standards Council
November 29th, 2016 TBI Admin Official PCI Security Standards Council Site – Verify PCI Compliance, Download Data Security and Credit Card Security Standards The PCI Security Standards Council is constantly working to monitor threats and improve the industry’s means of dealing with them, through enhancements to PCI Security Standards and by the training of security professionals. Keep your systems secure, […]
Basics of Internal Control
November 19th, 2016 Staff The Internal Control Integrated Framework published by The Committee of Sponsoring Organizations (COSO) is the recognized standard for establishing internal controls. COSO defines internal control as: “a process, effected by an entity’s board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories: Effectiveness and […]
5 Business Model Components Every Entrepreneur Needs
November 14th, 2016 Staff Is your business on a collision course with a train, but yet you’re 100% focused on getting more people to like your Facebook page or follow you on Twitter? Let me enlighten you: Big mistake. If your core fundamentals are out of whack, so is your business. Danny Iny, Founder and CEO of Firepole Marketing, […]
How leadership systems are key performance indicators in a business
November 6th, 2016 Staff The success of any business firm starts with its leadership system and how it is integrated. Many firms has anticipated high levels of success due to high integrated leadership systems which impart better management techniques and skills to achieve high profitability in the Company. It imparts a sense of direction and strategic plan that ought […]
Fraud Risk Management Guidance Updated by COSO
October 31st, 2016 Staff Managing the risk of fraud is a challenge for organizations of all sizes. A typical organization loses 5% of revenues in a given year as a result of fraud, according to the 2016 global fraud survey results contained in the Report to the Nations on Occupational Fraud and Abuse. But governing boards, senior management, staff at all levels, […]
Posted in Business Topics, Ethics, Internal Controls, Leadership Systems, Resources, Services, Strategies Tags: Fraud Risk No Comments »
