Essential Cybersecurity Tips Today

Essential Cybersecurity Tips Everyone Needs to Know

Cybersecurity tips everyone needs to know include using strong, unique passwords, enabling multi-factor authentication, keeping software updated, avoiding suspicious links and downloads, and backing up data regularly. These five practices form the foundation of personal and business digital safety in 2025.

As someone who’s helped thousands of small and midsize businesses protect their financial data for over two decades at Complete Controller, I’ve seen firsthand how a single overlooked setting or reused password can lead to devastating breaches. The average small business now faces $120,000 to $1.24 million in recovery costs after a cyberattack—but the good news is that most attacks are completely preventable. In this guide, I’m sharing the cybersecurity strategies that actually work, broken down into clear actions you can take today to protect yourself and your business. Cubicle to Cloud virtual business

What are essential cybersecurity tips everyone needs to know?

  • Essential cybersecurity tips include strong passwords, multi-factor authentication, software updates, phishing awareness, and regular backups.
  • Use unique, complex passwords for every account and store them in a password manager.
  • Enable multi-factor authentication (MFA) on all important accounts, especially email, banking, and business systems.
  • Keep operating systems, apps, and antivirus software updated to patch known vulnerabilities.
  • Back up critical data to an encrypted, offline or cloud-based solution you can restore from.

Start with the Basics: The 5 Foundational Cybersecurity Tips

These are the non-negotiables—the cybersecurity practices that stop most common attacks before they even get started.

Use strong, unique passwords for every account

Recent data shows that 94% of passwords are reused across two or more accounts, creating a domino effect when one site gets breached. In 2025 alone, over 16 billion passwords were exposed in a single massive breach—and analysis revealed that only 3% met basic complexity requirements. The password “123456” appeared over 3.7 million times in that leaked data.

A strong password is at least 12 characters long and mixes uppercase, lowercase, numbers, and symbols. Skip dictionary words, personal info like birthdays or pet names, and obvious patterns.

  • Never reuse passwords across accounts—if one site is breached, attackers will try that same password on your email, bank, and business tools
  • Use a password manager like 1Password, Bitwarden, or LastPass to generate and store unique passwords behind one strong master password
  • Change default passwords on routers, IoT devices, and admin accounts immediately

Enable multi-factor authentication (MFA) everywhere

While 83% of IT security professionals recommend MFA, only 34% of small businesses with 26 to 100 employees have actually implemented it. Nearly two-thirds of global SMBs (65%) still operate without MFA at all—leaving them vulnerable to automated credential attacks.

MFA adds a second layer of protection so that even if a password is stolen, the account stays locked.

  • Use authenticator apps like Google Authenticator or Microsoft Authenticator instead of SMS when possible—they’re more phishing-resistant
  • Prioritize MFA on email, cloud storage, business bookkeeping essentials, payroll, and any system with financial or customer data
  • For business, require MFA for all employees and enforce it through your identity provider

Keep software and devices updated

The vulnerability landscape is accelerating dramatically—over 21,500 new vulnerabilities (CVEs) were disclosed in just the first half of 2025, an 18% increase over 2024. Approximately 38% of these were rated “High” or “Critical” severity. Historical data shows that 80% of companies that experienced a breach could have prevented it by patching software on time.

  • Turn on automatic updates for operating systems, browsers, and critical apps
  • Patch routers, firewalls, and IoT devices—many breaches start with unpatched edge devices
  • For businesses, use a centralized patch management tool to monitor all workstations and servers

Install and maintain antivirus and firewall protection

Antivirus software scans for malware, ransomware, and spyware, while firewalls block unauthorized network access.

  • Use reputable antivirus on all devices and keep it updated
  • Enable the built-in firewall on your OS and router
  • For businesses, consider endpoint detection and response (EDR) tools for deeper threat visibility

Back up data regularly and test restores

Backups are your last line of defense against ransomware and hardware failure.

  • Follow the 3-2-1 rule: 3 copies of data, on 2 different media, with 1 copy offsite or offline
  • Use encrypted cloud backups like Backblaze or Carbonite, or external drives that are disconnected after backup
  • Test restore procedures quarterly—many businesses discover their backups are broken only after an attack

How to Spot and Stop Phishing: The #1 Threat to Everyone

Research shows that 91% of cyberattacks begin with a phishing email. Over 90% of businesses globally experienced at least one phishing attack in 2024, with more than 80% of all reported security breaches involving phishing. On average, 3.4 billion phishing emails are sent every day worldwide.

Recognize the red flags of phishing emails and texts

  • Urgent language (“Your account will be closed!”)
  • Mismatched sender addresses or domains
  • Suspicious links (hover to see the real URL)
  • Requests for passwords, payment info, or gift cards
  • Unexpected attachments or invoices

Verify before you click or reply

If an email claims to be from your bank, payroll provider, or accountant, call the official number—not the one in the email—to confirm. For business, train employees to report suspicious messages to IT before taking action. Use email filtering tools that flag or quarantine phishing attempts. The FTC offers excellent phishing awareness tips that complement these practices.

Protect your business from business email compromise (BEC)

BEC attacks target finance teams with fake vendor invoices or CEO impersonation. Recent data shows 64% of businesses faced BEC attacks in 2024, with typical financial losses averaging $150,000 per incident.

  • Implement a dual-approval process for payments and vendor changes
  • Require verbal or secondary channel confirmation for any payment instructions received via email
  • Monitor for unusual login locations or times on accounting and payroll systems ADP. Payroll – HR – Benefits

Secure Your Devices: Phones, Laptops, and Home Networks

Your devices are the gateways to your data—lock them down.

Lock and encrypt every device

  • Use strong passcodes, PINs, or biometrics on all phones, tablets, and laptops
  • Enable full-disk encryption (BitLocker on Windows, FileVault on Mac)
  • For business, enforce device encryption and remote wipe policies through mobile device management

Secure your home and office Wi-Fi

An unsecured network exposes everything on it.

  • Change the default router login and Wi-Fi password
  • Use WPA3 encryption if available; otherwise, use WPA2
  • Create a separate guest network for visitors and IoT devices
  • Consider a business-grade firewall for offices with sensitive data

Be smart about public Wi-Fi and hotspots

Public networks are high-risk environments, especially with the rise of remote work security best practices becoming essential.

  • Avoid logging into banking, email, or business systems on public Wi-Fi
  • Use a trusted VPN like NordVPN or ExpressVPN when connecting from cafes, airports, or hotels
  • Disable automatic Wi-Fi connections and “connect to open networks” settings

Protect Your Business: Cybersecurity Tips for Small and Midsize Companies

Small businesses are prime targets—they have valuable data but often lack robust security.

Limit access with role-based permissions

Not everyone needs access to everything.

  • Grant employees access only to the systems and data required for their role
  • Regularly review and remove access for former employees or those who’ve changed roles
  • For accounting and payroll, restrict access to a small, trusted team

Secure cloud and accounting systems

Your financial data is a top target. This is where accounting outsourcing economics can provide both security and efficiency benefits.

  • Enable MFA on all cloud services like QuickBooks Online, Xero, Microsoft 365, and payroll platforms
  • Use strong, unique passwords for each system and store them in a password manager
  • Monitor login activity and set up alerts for suspicious logins

Train employees regularly

People are often the weakest link—but they can also be your strongest defense.

  • Conduct quarterly cybersecurity training covering phishing, password hygiene, and safe browsing
  • Run simulated phishing tests to reinforce learning
  • Make security part of onboarding and culture, not just an IT checklist

Real-World Case Study: How a Small Business Recovered from a Ransomware Attack

In 2024, a midsize accounting firm in Texas was hit by ransomware that encrypted their client files and QuickBooks data. The attackers demanded $75,000 in cryptocurrency. According to CISA’s published case study, the firm had two critical advantages: they used a reputable cloud backup solution with versioning and had a tested disaster recovery plan.

Instead of paying the ransom, they isolated infected machines, reported the incident to law enforcement, restored systems from clean backups, and strengthened their security posture. Total downtime was under 48 hours with no permanent data loss. The cost of recovery was a fraction of the ransom demand.

Key takeaway: Backups and a clear incident response plan are essential cybersecurity tips for any business. CISA provides comprehensive ransomware recovery best practices that helped guide this firm’s successful response.

What Most Cybersecurity Tips Miss: The Human and Financial Side

Most guides stop at “use strong passwords.” Real security also involves trust, cost, and practical decision-making.

The hidden cost of poor cybersecurity

Small businesses typically pay between $120,000 and $1.24 million to resolve a data breach in 2025. Research shows that 60% of SMBs that experience a cyberattack go out of business within six months. Additionally, 75% of SMBs report they could not continue operating if hit with ransomware.

A single breach can cost tens of thousands in downtime, data recovery, forensic investigation, legal fees, regulatory fines, and reputational damage. Investing in basic cybersecurity measures like MFA, backups, and training is far cheaper than dealing with a breach.

Building a culture of security, not fear

Security shouldn’t feel like a burden.

  • Frame cybersecurity as “protecting our clients and our livelihood” rather than rules to follow
  • Celebrate good behavior like reporting phishing emails and make it easy to ask for help
  • As a leader, model the behavior: use MFA, follow policies, and prioritize security in budgets

When to bring in experts

Not every business can handle security alone. The NIST framework offers excellent multi-factor authentication best practices that can guide your implementation.

  • If you’re using QuickBooks, Xero, or other cloud accounting tools, work with a bookkeeping or IT partner who understands security best practices
  • For complex environments, consider a managed security service provider or virtual CISO
  • Regular security assessments and vulnerability scans can uncover gaps before attackers do

Final Thoughts

Cybersecurity doesn’t have to be complicated. The most effective cybersecurity tips are simple: strong unique passwords, multi-factor authentication, regular updates, phishing awareness, and reliable backups. For businesses, add role-based access, employee training, and a tested incident response plan.

As the founder of Complete Controller, I’ve seen how a few small changes—like enabling MFA on QuickBooks or setting up automatic backups—can prevent catastrophic losses. Security isn’t about being perfect; it’s about being prepared.

Start today with these three actions:

  1. Enable MFA on your email and accounting systems
  2. Update all devices and software
  3. Back up your critical data and test a restore

For hands-on help securing your financial systems and building a safer, more resilient business, visit Complete Controller to connect with our team of experts who understand both security and small business needs. CorpNet. Start A New Business Now

Frequently Asked Questions About Cybersecurity Tips

What are the most important cybersecurity tips for beginners?

Use strong, unique passwords, enable multi-factor authentication, keep software updated, avoid suspicious links, and back up your data regularly.

How can I protect my small business from cyberattacks?

Use MFA on all critical systems, train employees on phishing, limit access to sensitive data, keep software patched, and maintain tested backups.

Do I really need antivirus software?

Yes, for Windows, Mac, and business devices. Antivirus helps detect and block malware, ransomware, and other threats, especially when combined with a firewall.

How often should I change my passwords?

Change passwords immediately if there’s a known breach or compromise. Otherwise, focus on using strong, unique passwords and a password manager rather than frequent arbitrary changes.

What’s the easiest way to improve my cybersecurity right now?

Enable multi-factor authentication on your email, banking, and business accounts—this single step blocks the vast majority of automated attacks.

Sources

LastPass – Family or Org Password Vault About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Download A Free Financial Toolkit
author avatar
Jennifer Brazer Founder/CEO
Jennifer is the author of From Cubicle to Cloud and Founder/CEO of Complete Controller, a pioneering financial services firm that helps entrepreneurs break free of traditional constraints and scale their businesses to new heights.
Reviewed By: reviewer avatar Brittany McMillen
reviewer avatar Brittany McMillen
Brittany McMillen is a seasoned Marketing Manager with a sharp eye for strategy and storytelling. With a background in digital marketing, brand development, and customer engagement, she brings a results-driven mindset to every project. Brittany specializes in crafting compelling content and optimizing user experiences that convert. When she’s not reviewing content, she’s exploring the latest marketing trends or championing small business success.

7 Current Marketing Strategies for a Successful Business

Finding out how to reach and connect to the target audience can be overwhelming, so it is also a great idea to seek out brands that have been successful and examine their best marketing practices. It would help if you found brands that match yours to see how they stay true to the brand through their marketing campaigns.

The pandemic has revolutionized how businesses work. Many companies turned more towards online marketing efforts since other marketing efforts were difficult with shutdowns. Marketing online is a competitive sense. Many companies and giants were already well-established through this marketing strategy.

Newcomers to online marketing may be less experienced, making the competition uneven. The online presence is a primary factor in a successful marketing campaign when you go digital. Because of online scammers using marketing tools, potential customers may be wary of any online marketing efforts you may attempt. Check out America's Best Bookkeepers

Truthfully, as with any other business practice, it is best to find tried and successful methods by your established competitors. This strategy would decrease the risk of failure while simultaneously increasing the chances of success. Businesses have been struggling, and it is better to use existing trends rather than going for radical innovation and trying to bring something entirely new. Here are seven current marketing strategies for successful businesses.

Social Media Marketing

Almost all of us have social media accounts for personal use to connect with friends and family or find new connections globally. But social media can do miracles in marketing too. Social media platforms like Twitter, LinkedIn, Facebook, Instagram, Pinterest, and Snapchat allow you to publish marketing content and give you options to optimize it or use paid advertising to promote the content. Check out America's Best Bookkeepers

Search Engines

State Counter’s Research discovered that more than 92% of all the search engine traffic generation is through Google, surpassing its main competitors, Bing and Yahoo. Both Bing and Yahoo see a fraction of the share of search engine traffic that Google experiences.

A newer search engine called DuckDuckGo has seen massive growth in the last couple of years due to its no ad and privacy-driven search approach. It hit a significant share of searches, hitting one billion in January of 2019.

Structured Data SEO

Structured information is any well-prepared and organized data that makes categorizing and crawling easier for search engines. The content developer can do this in their backend code in tables with labeled rows and columns by managing data in a well-mannered way. When done appropriately, organizes data gives a significant SEO boost in one or another. You can rank in that wanted position of zero.

Email Marketing

Many people primarily use their smartphones over any other device to do anything online. Therefore, the whole email advertising business will change. The email design needs to be mobile-friendly and must have a call-to-action button at the bottom of the email to go forward in the purchasing process.

Email marketing won’t soon fade as a digital marketing tool as it brings in a large share of new business daily. It is still one of the top marketing options though many delete marketing-based emails. Check out America's Best Bookkeepers

Visual Marketing

All social network platforms are concentrating on video advertisements. Future marketing strategies will be coming into existence to shop the products from videos directly.

Follow traditional content and video marketing techniques by placing your promotional advertising on a platform like YouTube. You can also do visual marketing videos on Instagram, Snapchat, Twitter, and TikTok.

Branding

To develop trust, you have to create a solid brand. Branding is crucial because of Google’s E-A-T model. It stands for Expertise, Authority, and Trust. Google does more than rank good content; it provides a user experience by looking at the most well-researched, updated, reliable, authoritative content on any given topic, mainly formed by the industry’s experts.

Neuro-Marketing

Neuro-marketing is one of the newest marketing trends that is taking the marketing world by storm. It may sound like a science fiction film plot. However, this technology is growing fast and will soon become a more used tool for marketers.

Neuro-marketing is a method that examines a person’s neuro system and brainwave activity to assess the kind of content they find interesting. This type of marketing could be the way of the future.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

5 Steps to Preparing You and Your Employees for a Crisis

Many businesses face a crisis of one kind or another. The pandemic was a shared crisis affecting the entire world and highlighted how you and your employees handle a crisis. Some businesses and employees are prepared, but many are not prepared to handle a crisis.

Owning and operating a business is not just about making the business a success. It is about ensuring that your business will thrive and survive during a crisis. Crisis management needs to be the focus of every business to survive when disaster strikes.

While some businesses are prepared, many businesses are not prepared for a crisis, whether internal or external, affecting everyone. Therefore, you need to understand how to manage your employees in a crisis and help them handle it. Here are five steps to preparing you and your employees for a crisis. Check out America's Best Bookkeepers

Set Your Employees Up for Success

If you are an effective leader, you will consistently be focused on the success of your employees. If you do so in other aspects of the business, when crisis strikes, your employees will be prepared to handle it with grace. It would be best if you focused on removing roadblocks that will hinder your employees from handling any situation that arises.

You should be setting your employees up for success during everyday operations. You should also be setting them up for success during a crisis.

Communicate Often

Open and transparent leaders are important to your employees. The expectation is that those in leadership will be open, honest, and transparent, which fosters trust. If you have open communication with your employees, they will handle a crisis easily. Check out America's Best Bookkeepers

Open communication is not something that comes easily to most people. Communication is important in every relationship, whether business or personal. Therefore, open communication is key during a crisis.

Continue Professional Development

While many people obtain a job to pay the bills, many others look to create a career with a job they accept. Therefore, you must ensure professional development is focused on every employee.

Professional development should remain a focus, even in times of crisis for the business. Advancement should not be abandoned because a crisis has hit the business or the economy. If you abandon development during challenging times, your employees will work for a business that remains focused on the advancement of their employees.

This investment will also pay off in the long term when you are trying to keep your business open during difficult times. Employees will stay loyal to your business because they feel cared for during a crisis. Check out America's Best Bookkeepers

Have Processes in Place

How a crisis is handled is different for every person. However, as a business, you should be focused on how to handle a crisis, should one arise. If you have plans or processes to handle possible issues, your employees will know what to do and their role when disaster strikes.

The entire staff should develop the process or plan in place. This participation will promote confidence and give every employee some power to handle a crisis.

Reward a Job Well Done

While you don’t need to pat every employee on the back for every accomplishment, you should let your employees know when they have done a great job. This acknowledgment will encourage your employees and raise morale. High morale can be helpful should disaster strike. Employees with confidence will handle any crisis with that same confidence.

Conclusion

The pandemic proved to be a shared crisis that was experienced by everyone worldwide. It highlighted how you and your business handle a crisis. Many businesses suffered because employees were not able to handle the crisis. If you focus on your employees and handle a crisis, the next one that arises will be handled well by you and your employees.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

Strong Business Financial Control

Mastering Business Financial Control for Lasting Success

Business financial control is the systematic process of monitoring, managing, and optimizing your company’s financial resources through strategic planning, real-time oversight, and data-driven decision-making to ensure sustainable growth and profitability. This comprehensive approach encompasses cash flow management, expense tracking, budgeting, risk assessment, and compliance monitoring—creating a framework that protects your business while enabling strategic growth.

As founder and CEO of Complete Controller, I’ve spent over two decades guiding thousands of businesses through financial transformations. The impact of proper financial control is dramatic—businesses with robust systems are 67% more likely to survive economic downturns and achieve 43% higher year-over-year growth rates. In this guide, I’ll share the essential components of mastering business financial control, from fundamental frameworks to advanced optimization strategies that position your business for lasting success. Download A Free Financial Toolkit

What is business financial control, and how do you master it?

  • Business financial control integrates financial planning, monitoring, and optimization systems to ensure sustainable business growth and risk mitigation
  • It requires establishing clear financial objectives, implementing robust tracking systems, and creating actionable oversight processes
  • Success comes from combining strategic budgeting with real-time financial monitoring and automated control mechanisms
  • The framework includes expense management, cash flow optimization, financial reporting, and compliance oversight working harmoniously
  • Long-term mastery depends on continuous monitoring, regular system updates, and adaptation to changing market dynamics

Building Your Financial Control Foundation

The cornerstone of effective business financial control lies in establishing a solid foundation that supports company growth while protecting against financial risks. This foundation must be built on accurate financial data, clear processes, and systematic approaches that create visibility into every aspect of your business’s financial health.

Modern businesses require integrated financial management systems that provide real-time insights and predictive capabilities. The foundation begins with separating business and personal finances, establishing clear chart of accounts, and creating standardized processes for all financial transactions. This systematic approach ensures every dollar flowing through your business is properly tracked, categorized, and analyzed.

Establishing clear financial objectives

Setting specific, measurable financial objectives aligns your control systems with business strategy. These objectives should encompass both operational targets and strategic goals:

  • Revenue growth targets (monthly, quarterly, annual)
  • Profit margin goals for products and services
  • Cash flow requirements for operations and growth
  • Expense management parameters by category
  • Return on investment thresholds for new initiatives

Key performance indicators serve as measuring sticks for control effectiveness. Essential metrics include revenue growth rate, gross profit margin, net profit margin, current ratio, and debt-to-equity ratio. These KPIs provide ongoing visibility into performance and identify areas requiring attention before they become critical.

Advanced Cash Flow Analysis and Management

Cash flow management represents the lifeblood of business financial control—with 82% of business failures attributed to poor cash flow management according to U.S. Bank studies. Advanced cash flow analysis involves understanding complex relationships between operating activities, investing decisions, and financing requirements.

Effective analysis examines historical patterns, identifies seasonal fluctuations, and forecasts future requirements under various scenarios. This includes trend analysis, ratio analysis, and sensitivity analysis to understand how business decisions impact cash flow dynamics. The goal is creating predictive models that enable proactive management rather than reactive responses.

Implementing predictive cash flow modeling

Predictive modeling transforms cash management from reactive to proactive by forecasting future positions under various scenarios. These models incorporate:

  • Historical data analysis and pattern recognition
  • Market trends and economic indicators
  • Business growth projections and scenarios
  • Seasonal variations and cyclical patterns
  • Risk factors and contingency planning

A food manufacturer with $8 million in sales transformed their business using predictive cash flow modeling. After losing $1.7 million annually with 49 days of inventory on hand, they implemented proper controls and achieved a 250% increase in cash reserves within two years—moving from near-bankruptcy to financial stability. Complete Controller. America’s Bookkeeping Experts

Strategic Budget Control and Expense Tracking

Strategic budget control creates dynamic financial planning systems that adapt to changing conditions while maintaining fiscal discipline. According to recent data, 39% of small businesses now carry over $100,000 in debt—up from 31% in 2019—making effective budgeting strategies more critical than ever.

Zero-Based Budgeting Implementation

Zero-based budgeting requires justifying every expense from zero rather than adjusting previous budgets. This methodology forces critical evaluation of all expenditures:

  1. Analyze each cost center independently
  2. Evaluate alternative approaches and vendors
  3. Prioritize investments based on expected returns
  4. Eliminate outdated or unnecessary expenses
  5. Redirect savings to strategic growth initiatives

Unilever implemented zero-based budgeting and saved $1.1 billion between 2016-2018. They reduced advertisements by 30%, cut agency relationships from 3,000 to 1,500, and reinvested savings into strategic growth—proving this approach works for businesses of all sizes.

Comprehensive Financial Oversight and Risk Management

Financial oversight creates surveillance and control mechanisms protecting business assets while ensuring compliance. With 34% of firms reporting challenges with debt payments, comprehensive oversight has become essential for business financial planning for success.

Risk assessment frameworks provide systematic approaches to identifying, evaluating, and mitigating financial risks:

  • Market risks from competitive pressures
  • Credit risks from customer relationships
  • Operational risks from process failures
  • Regulatory risks from compliance requirements
  • Technology risks from system dependencies

Financial compliance systems

Compliance systems ensure adherence to regulatory requirements while maintaining internal control standards. Essential components include:

  • Approval workflows for financial transactions
  • Segregation of duties in critical processes
  • Regular compliance reviews and audits
  • Documentation and audit trail maintenance
  • Training programs for financial staff

Technology-Driven Financial Solutions

Technology revolutionizes small business financial control systems by automating processes, providing real-time insights, and enabling sophisticated analysis previously impossible for smaller businesses. Cloud computing, artificial intelligence, and mobile technology create integrated platforms that improve accuracy while reducing administrative overhead.

Modern solutions integrate multiple business systems for comprehensive visibility. This eliminates data silos, reduces manual entry, and provides real-time financial reporting best practices that enable faster decision-making. Key features include:

  • Automated transaction categorization
  • Real-time financial dashboards
  • Predictive analytics and forecasting
  • Mobile access for remote monitoring
  • Integration with banking and payment systems

Building Long-Term Financial Resilience

Creating sustainable financial management practices requires balancing growth opportunities with risk management while building organizational capabilities. With 59% of small businesses actively pursuing financing for expansion, proper financial control becomes the differentiator between success and failure.

Sustainable growth strategies

Sustainable strategies balance aggressive objectives with prudent risk management:

  1. Model resource requirements for growth scenarios
  2. Identify optimal growth rates maintaining liquidity
  3. Build emergency reserves before expansion
  4. Monitor key metrics throughout growth phases
  5. Adjust strategies based on performance feedback

Developing organizational capabilities involves building skills, processes, and systems that maintain control as businesses evolve. This includes ongoing investment in professional development, system upgrades, and process improvements keeping capabilities aligned with requirements.

Final Thoughts

Mastering business financial control transforms your company from reactive to proactive, from vulnerable to resilient. Throughout my career helping businesses achieve financial excellence, I’ve witnessed how proper control systems create competitive advantages that compound over time. The framework outlined here provides your roadmap—but success requires commitment to continuous improvement and adaptation.

Start implementing these strategies today. Build the financial control systems that will support your success for years to come. For expert guidance tailored to your specific business needs, visit Complete Controller where our team helps entrepreneurs like you achieve financial mastery and sustainable growth. LastPass – Family or Org Password Vault

Frequently Asked Questions About Business Financial Control

What’s the first step in implementing business financial control?

Start by separating business and personal finances completely, then establish a clear chart of accounts and implement basic expense tracking systems before moving to more advanced control mechanisms.

How much should a small business invest in financial control systems?

Investment should scale with business size—typically 3-5% of revenue for basic systems, increasing to 7-10% for comprehensive solutions including technology, training, and professional services.

When should a business upgrade from spreadsheets to automated financial systems?

Businesses should transition when manual processes consume more than 10 hours weekly, when errors become frequent, or when real-time financial visibility becomes critical for decision-making.

What are the warning signs of inadequate financial control?

Key indicators include frequent cash flow surprises, inability to produce timely financial reports, recurring expense overruns, compliance violations, and difficulty securing financing due to poor financial documentation.

How can businesses maintain financial control during rapid growth?

Implement scalable systems early, automate routine processes, establish clear approval hierarchies, conduct monthly control reviews, and invest in financial team development before growth accelerates.

Sources

  • Clarify Capital. “Small Business Money Management Strategies for 2025.” Clarify Capital Blog, 23 June 2025, clarifycapital.com/blog/small-business-money-management-20
  • Krieger Analytics. “Cash Burn and Cash Flow Management.” K-Analytics, 22 May 2024, k-analytics.com/cashburnmanagement/
  • Grow America. “Understanding Current Small Business Financing Challenges and Opportunities.” 6 Dec. 2024, growamerica.org/2024/12/06/understanding-current-small-business-financing-challenges-and-opportunities
  • FMS Advisors. “Case Studies.” 1 Jan. 2008, fmsadvisors.com/case-studies
  • Criterion Global. “3 Zero Based Budgeting Examples.” 21 Oct. 2024, criterionglobal.com/3-zero-based-budgeting-examples-that-define-success-and-failure/
  • Complete Controller. “Efficient Business Finance Management Systems.” completecontroller.com/efficient-business-finance-management/
  • Complete Controller. “Mastering the Cash Conversion Cycle.” completecontroller.com/mastering-the-cash-conversion-cycle/
  • Complete Controller. “Small Business Bookkeeping: 9 Tips and Tricks.” completecontroller.com/small-business-bookkeeping-9-tips-and-tricks/
  • Investopedia. “Cash Flow Analysis.” investopedia.com/terms/c/cashflowanalysis.asp
  • Wikipedia. “Budgeting.” en.wikipedia.org/wiki/Budgeting
  • Small Business Administration. “Manage Your Finances.” Business Guide, sba.gov/business-guide/manage-your-business/manage-your-finances
Cubicle to Cloud virtual business About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. ADP. Payroll – HR – Benefits
author avatar
Jennifer Brazer Founder/CEO
Jennifer is the author of From Cubicle to Cloud and Founder/CEO of Complete Controller, a pioneering financial services firm that helps entrepreneurs break free of traditional constraints and scale their businesses to new heights.
Reviewed By: reviewer avatar Brittany McMillen
reviewer avatar Brittany McMillen
Brittany McMillen is a seasoned Marketing Manager with a sharp eye for strategy and storytelling. With a background in digital marketing, brand development, and customer engagement, she brings a results-driven mindset to every project. Brittany specializes in crafting compelling content and optimizing user experiences that convert. When she’s not reviewing content, she’s exploring the latest marketing trends or championing small business success.

Performance Management Theories

Performance management is a crucial part of human resource management, as it enables the effective use of available resources. The core benefit of using performance management is that it enables the management to mold the employee’s performances following the strategies of an organization.

These aspects can be pivotal to increasing employee engagement to increase the organizational outputs to meet customer satisfaction and improve quality. Human resource management of organizations, to increase employee motivation, uses several theories.

Motivation theory

Frederick Herzberg has introduced a motivation theory based on two factors. Therefore, the theory is also referred to as the two-factor theory. These factors are based on Motivation and Hygiene; hygiene factors are considered extrinsic motivators, and motivation factors are considered intrinsic motivators. The hygiene factors include working conditions, salary and job status, company policy and benefits, and working relationships.

Unavailability of these extrinsic factors in the workplace tends to decrease the motivation level of employees, which can adversely affect their performance. The main reason behind this aspect is that these factors are considered the essential elements in any workplace and organization. However, where these elements are focused more, organizations can grow rapidly due to the enhanced motivational level of employees, which will ultimately result in an increased level of performance. Check out America's Best Bookkeepers

Although these factors cannot affect and increase employees’ dissatisfaction, they are responsible for affecting the performance level of employees within the workplace. However, motivation factors are intrinsic motivators, and these factors include recognition, achievements, the level of responsibility, and the need for personal growth.

These factors can be pivotal to increase the satisfaction level, and a decrease in these factors would increase the dissatisfaction in employees, which will ultimately affect and change the performance level of employees. However, these changes can be positive or negative as well. This aspect can be presumed by using the concepts of incentive programs used by the organizations, particularly by human resource management, to enhance the organization-wide performance.

Operant Conditioning

Operant conditioning determines that several rewards and punishments can change employees’ behavior and help them learn new behaviors, meet and increase the performance level of employees.

The theory is based on two concepts of reinforcement and punishment, whereas both can be negative and positive. The management reinforces the positive behaviors of employees by using positive and negative reinforcement. In positive reinforcement, employees tend to provide incentives and rewards.

Rewards or incentive systems are used as a mechanism to control the activities, and this concept has gained widespread attention by the management to surge the employee’s performance level. The incentives provided by the organization can be based on increased salary, bonuses, share in company’s profit, Privilege Rewards, as well as upward promotion in an organization, which can also increase the benefits provided to the employees.

These benefits can attract the employees to increase their performance and efficiency and provide them with the desired behavior. Negative reinforcement tends to remove the unfavorable stimuli after the display of behavior. The management reinforces the behavior. Rewards are paid to employees to increase their performance, but management withdraws these rewards in several cases. Check out America's Best Bookkeepers

Furthermore, punishments are provided to the employees to omit their unsatisfactory behavior. Positive punishment is used when employees show certain undesirable behavior. These punishments can be used to enhance the daily-based performance level. Punishments are provided in terms of penalties to withdraw the negative behavior of employees.

Negative punishment is based on removing an element to reduce the chances of occurrence of certain undesired behavior. For example, downward promotion and withdrawal of certain rewards and benefits can negatively reinforce the behavior.

Furthermore, they can play an essential role in increasing the motivation level and increasing the employees’ performance level. However, some researchers suggest that using negative reinforcement techniques can negatively affect employee satisfaction and self-esteem.

Certain controversies surround the use of punishment and its role in increasing the effectiveness and controlling human behavior. The author considered this approach the traditional method, which was not accepted in today’s society, as a means of control.

This technique can be essential to achieve positive results only on a short-term basis. Human resource management can use this practice to form a competition-based motivation, which can play an essential role in compiling employees to increase their performance.

The performance level of employees can influence the output quality, as it is crucial to improving the performance. Management and administration use reinforcement techniques to enhance the efficiency of employees across various divisions and units in organizations. One of the most influential practices of Performance Management is training and development programs, which can be pivotal to increasing employees’ efficiency level. Check out America's Best Bookkeepers

Quality management and Performance Management

Along with incentive programs and proper performance management, employee motivation can be enhanced, but firms can also bring innovation in their operations. In addition, the satisfaction level of employees enhances their engagement and interest in their working activities, which can play an incremental role in increasing employee efficiency.

The efficiency level of employees can be pivotal to bringing innovation in employees’ activities, which can increase the innovation in organizational operations. Authors, to enhance the quality, have introduced several theories.

Deming theory is crucial to enhance the quality by using 14 points illustrated in theory. The theory suggests that organizations have used this system to evaluate the needs of quality improvements while keeping in mind certain quality standards.

Quality standards must comply with customer expectations related to quality, as it can increment the customer satisfaction level. However, gaps in quality standards and customer expectations related to can affect their satisfaction level adversely. This aspect can also affect the company’s profitability as well as productivity in the market.

Deming 14 points can play an incremental role in increasing customer satisfaction while exploring their quality needs. Furthermore, the theory also provides a process based on four principles to identify, maintain, and implement the quality needs within a continuous process.

The process is based on four principles, which include plan, do, act, and check. The process can play a pivotal role in planning and working on the quality needs and then consistently checking and improving the quality. Quality can be based on providing quality products and services, but high-level operational quality is also required to achieve a competitive advantage in the industry.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

Keys to Deal with Financial Risk

All companies and entrepreneurs want to achieve success. They have dedicated hours of effort and work, their money, and their future with the goal of generating a profit. However, in many cases, entrepreneurs and entrepreneurs forget that profitability is linked to another term: risk.

Financial risk is defined as the uncertainty that accompanies any investment in which it may not be profitable. Unprofitability may result from the poor reception of the product or service by consumers, by a change in the sector, or by the instability of financial markets. Check out America's Best Bookkeepers

Risk is a constant analysis equation; what varies is the percentage. In stock markets, investors have an indicator, “β,” that measures the systematic risk that a company can experience based on elements, including the type of business or the industrial or financial sector.

Companies with high risks suffer very sudden movements in their prices. The low values ​​correspond to companies that are already consolidated and whose stock market oscillations are weaker.

There are different types of risk within the stock market:

Systematic Risk or Market Risk: refers to the possibility of changes in rates, oil prices, new government regulations, or changes in currency values.

Specific Risk: is that which affects only one sector or one company. It can be caused by poor financial management of the company, due to the appearance of a technological advance that destroys the need of the previous product, or by the failed expansion of a business to a foreign country.

However, there are other types of risk: Check out America's Best Bookkeepers

Credit Risk: is present when one of the parties to a financial contract does not comply with established obligations. For example, a bankrupt distributor; a customer paying in installments does not meet the quotas. These are risks that every entrepreneur must account for and evaluate.

Liquidity Risk: occurs when one of the parties to a financial contract has assets but does not have sufficient liquidity to assume the agreed obligations.

Operational Risk: is associated with poor management and company operations.

Economic Risk: covers the loss of competitive advantage in a market.

Legal Risk: occurs when a contracting party breaks the agreement or violates intellectual property rights.

Once you understand what a risk is and its various forms, the question then become: how do I avoid it?

When a project, business, or investment is being developed, you must be mindful that the risk consists of three parts. If each of them is thoroughly analyzed in the context of your business, then risk can be reduced:

  • The cost and availability of investment capital: what capital do I have? What capital will I have during the realization process of the business or the investment, and how much backup capital is available?
  • Ability to satisfy cash needs: plan the fixed and variable costs that you face and consider possible eventualities. To meet any of these types of expenses, capital must be available.
  • The possibility of increasing capital: At what point in my process will my capital start to increase? Through what resources will I obtain income? Check out America's Best Bookkeepers

Having analyzed each of the parts that make up the financial risk reduces the chances of occurrence. However, there are additional factors to consider relating to risk:

Information: is another way to reduce risk is to evaluate profitability and future forecasts. The more information you have at your disposal, the less likely you will make decisions based on impulse.

Diversify: and invest in different projects with joint risk and those that offer safer future projections; both will be compensated.

The Savings or Plan B: is having extra capital for emergencies will reduce risk and allow you to act with greater freedom.

Derivative Contracts: are contracts whose value is subject to another principal asset known as the underlying asset. Underlying products typically include oil, metals, or financial assets.

Future Contracts: are purchase agreements in which the asset, the price, the quantity, and the date in which the transaction will be made are established. Both buyer and seller accept the obligations subject to market expectations that each one perceives. This type of contract generates stability since prices are pre-established and fixed despite movements in the stock market.

Risk is inevitable; however, the best strategy is to make decisions based on extensive research that informs us of our possibilities, costs, and benefits.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

The Ultimate WordPress Security Guide

WordPress security is considered the hot top, and it has immense significance for each website owner. Google blacklists more than 10,000 websites daily because of malware and approximately 50,000 because of phishing per week.

If you are worried about your website, you have to pay attention to and be more concerned with WordPress security best practices. Here, we will share almost all the WordPress security tips that help you protect your websites against malware and hackers.

Although WordPress core software is highly secure and audited daily by hundreds of developers, there are many tips you can choose to keep your site safe.  Check out America's Best Bookkeepers

At WP Beginner, we consider that security is not only about risk removal. It is also regarding risk reduction. As an owner of the WordPress website, there is a lot that could enhance your WordPress security.

We have a measure of actionable steps that could protect your website against security weaknesses. 

Be ready to get started!

Why is Website Security Important?

A hacked WordPress website could cause severe damage to your business and its reputation and revenue. Hackers could steal your personal information, data, and passwords, install malicious software, and even distribute malware to you and your users.

Worst, you might find yourself paying some amount to hackers to recover access to your website.

In 2016, Google reported that 50+ million website users had been alerted that a site they were visiting might have stolen information and malware.

Moreover, Google blacklists 50,000 and 20,000 websites because of phishing and malware every week. Check out America's Best Bookkeepers

If you have a business website, you need to pay extra attention to WordPress security. 

Likewise, your responsibility to save your business website is how it is the business leaders and owners.

Keeping WordPress Updated

WordPress is considered an open-source software that is maintained daily ad be updated. By default, WordPress automatically installs some slight updates. For immediate releases, you have to start the update manually. 

WordPress also comes with millions of themes and plugins you can install and customize according to your website’s requirements. These themes and plugins are maintained by third-party developers, who also release updates daily.

These WordPress updates are necessary for the stability and security of your WordPress website. You have to ensure that your WordPress core theme and plugin are updated.

String Passwords and User Permissions

The most common WordPress hacking tries are made to steal your passwords. You could make that challenging and complex by using stronger passwords that are different for your website. Specifically for the WordPress admin area and for database accounts, your custom email addresses, and WordPress hosting accounts that use your website’s domain name.

Numerous beginners do not like complex passwords because they are difficult to remember. The good thing is that you do not need to remember passwords anymore. You can utilize a password manager. Another approach to lessen the risk is not to provide anyone access to your WordPress account unless you have if you contain a big team or guest authors, then ensure that you understand and know users’ capabilities and roles in WordPress before you add an extra or new user authors and accounts to your WordPress website.Check out America's Best Bookkeepers

WordPress Security in an Easy Way

We know that enhancing WordPress security could be a terrible thought for beginners, particularly if you do not belong to the technological sector. Guess what! You are not alone.

Many tutorials or even service providers assist thousands of WordPress users in making strict security of their WordPress websites.

Here is the list below through which you can secure your WordPress website.

  • WordPress Backup Solution
  • WordPress security plugins
  • Limit login attempts
  • By web application firewall
  • Covert your WordPress website to SSL or HTTPS.

Fixing a Hacked WordPress Website

Numerous WordPress users do not identify the significance of website security and backups until their website is hacked.

Wrapping up a WordPress website could be highly complex and time-consuming. The core solution is to seek professional assistance to protect against security attacks in the future.

Hackers mostly install backdoors on the affected websites, and if these backdoors are not fixed completely, your website will likely be hacked again. 

Bottom Line

I hope this blog helped you learn the best practices and find the best WordPress security plugins for your site ad and listed other ways to protect your WordPress website.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

Performance Evaluation and Business Productivity

When employees face a performance evaluation, they either increase their productivity or decrease their productivity level. Effectively managing employee performance helps in increasing the level of business operations. Fulfillment of organizational objectives takes place when employees have an improved level of productivity.

Today, companies struggle for sustainability and gain a competitive advantage through powerful strategic planning and professional human resources. In the 21st century, human resource is the significant strength of corporate more towards designing productive systems and strategies.

Performance evaluation systems are the systems for assessing the performance of employees working in the organization. Therefore, analyzing the relationship between performance evaluation systems and the employees’ productivity is essential for maintaining employee performance. Check out America's Best Bookkeepers

In a complex workplace where employee satisfaction and motivation become difficult, managers are concerned with fulfilling business optimization outcomes. However, empirical studies have proven that employee performance is impacted by the level of performance evaluation systems present in the organization.

The process of performance evaluation is critical because it shapes the level of employee motivation and productivity. The performance evaluation process is completed with the help of the two-way communication process between the employee and the supervisor. If the performance evaluation system is not effective, it can decrease employee performance and productivity.

Only those organizations will be successful in the 21st century and will focus on integrating HR strategies associated with the corporate’s systems and processes. For example, the process of the performance evaluation system and the connection between business optimization outcomes design the level of employee motivation and productivity. Check out America's Best Bookkeepers

Practical studies suggest that effective performance evaluation systems are healthy for the growth of employees. Equity theory states that employees measure their inputs versus the outcomes (intrinsic and extrinsic rewards) they receive. If a performance evaluation system is not developed on an equal basis, employees can decrease their productivity levels. Therefore, evaluation is a serious component in the appraisal system of employees.

If a performance evaluation system is effective, it will motivate individuals to be more productive and fruitful. Therefore, the performance evaluation system needs to be effective and transparent to act as a tool for motivating and developing business optimized outcomes.

The topic of performance evaluation explores the link between performance evaluation systems and employee performance. Employees of the service sector were used for the research study. Results of the study explored that performance evaluation systems in hierarchical structures provided limited results.

Managers of these companies are not willing to take two-way feedback from their employees. However, in flat organizational structures, performance evaluation systems are effective. Therefore, 360-degree feedback systems are adopted by these companies taking two-way feedback from their employees.

The current study aims to examine the effects of effective performance evaluation techniques on employee performance and productivity in companies to optimize business outcomes. Check out America's Best Bookkeepers

The scope of the present article is to provide the companies with insight related to improving their performance evaluation systems to reward and motivate their employees, which in turn results in optimizing the company’s business outcomes. Empirical studies conducted on the same topic have examined a positive relationship between performance evaluation systems and performance optimization of employees.

Employees look at the methods of performance appraisal adopted by the company. When respondents were asked about the effectiveness of performance appraisal systems in their company, most employees stated that they are satisfied with the systems.

The link between the performance of the employees and the overall fulfillment of organizational objectives was explored. Employee productivity and motivation can be shaped with the help of performance appraisal systems.

Employee productivity is linked with the level of motivation and satisfaction. Factors for increasing the level of employee motivation are job security and leadership adopted by the managers. Performance is linked to the level of the environment in which they are working.

It is stated that performance evaluation is one measure for analyzing the level of employee productivity, but it is not the only measure for analyzing the performance outcomes.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

6 Steps to Starting Your Own Agriculture Business

With population increases and threats posed by climate change on the rise, agribusinesses are needed more than ever. It is estimated that by 2050, the global population will reach approximately nine billion.

If you’ve been looking to kickstart an agriculture business, now is the opportunity to take that leap of faith. There is no need to worry if you don’t know about agriculture businesses and are completely new to this domain. Here are six steps to starting your own agriculture business. Check out America's Best Bookkeepers

  1. Establish your goals

Formulating the objectives is a crucial step in the process of starting any business. If you want to become a successful entrepreneur, you must ask yourself the following pertinent questions.

  • Why do I want to start an agribusiness? Why not something else?
  • Am I doing it solely for profit or for giving back to society as well?
  • What do I want to achieve through this business venture?

Once you have answers to the above questions, it’ll be easier for you to choose the direction you want your business to take.

  1. Identify your niche

Knowing what you want to grow is not enough. It would help if you also had a clear idea about your market, buyers, and competitors. Thus, you must undertake extensive market research to assess your business strategy. So, if you are already interested in a specific product, you should study more about your local market.

Look at other farmers’ markets, talk to other local producers, and meet consumers as well. If you can, survey other markets to see if any crops are undersupplied. Another critical part of the research process is turning to the local state department of agriculture. They will provide you with the latest information on farming in your state and help you with the legal procedures. Check out America's Best Bookkeepers

  1. Choose the most suitable land

After figuring out your agriculture business objectives and niche, you’re going to find the right farmland. Besides, it would be best if you decided whether to buy or lease land. Leasing land is a popular choice for many new farmers as it minimizes financial risks and reduces upfront costs. If you’re inclined towards leasing, find people who own farmland but don’t do much. If you end up choosing to purchase land, you need to consider the following things.

  • Your land’s proximity to markets
  • Water supply
  • High-quality soil
  • Facilities and infrastructure
  • Neighbors
  1. Arrange financing for your agribusiness

If you are a budding entrepreneur, chances are you are going to seek loans for your farm. You must be realistic when initially applying for funding. You might not be able to secure such funding initially, to splurge on fancy farm equipment, and you’ll need to be careful as to which tools to invest in.

For getting a loan, you’ll have to write a business plan. Even if you’re not seeking a loan, a business plan is useful in helping you figure out which of your ideas are worthy of application. Check out America's Best Bookkeepers

  1. Market your agribusiness

Marketing is an essential component of any business. You cannot expect your farm produce to reach consumers without having advertised it in the first place. You can successfully spread the word about your business by creating a logo for it, writing a catchy tagline, launching a website, and advertising it through newspapers.

Initially, you may need to allocate a bigger chunk of your budget to marketing. But it is vital to the growth of your agriculture business and sets you apart from your competitors.

  1. Hire a workforce

Running an agriculture business is certainly not a one-person job. Unless you have a family to help you manage all chores at the farm, you will have to hire some employees. However, before you start recruiting people for the farm, you must keep in mind a few things.

First, you need to assess the areas you need help with. Second, you must consider the budget you can allocate to employee wages. Besides, it would help if you also analyzed whether you would hire full-time or part-time staff. Finally, after charting out a plan, acquire the help you need to make an enduring impression on your customers.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

Types of Storage in the Cloud Understanding The Functionalities and Advantages

Thanks to the storage in the cloud nowadays, things as simple as changing computers have become much simpler processes.

Companies have also benefited, for example, by always and everywhere providing information about their business.

To understand what it is and what types of storage in the cloud exist, join me in this post for the next few minutes!

What is cloud storage?

This name has been given to the type of storage that keeps information and keeps it always available on a server. To achieve access, it is essential to have an Internet connection.

Also known as cloud computing, this type of service allows you to store content of all kinds, whether text, image, sound, or video, and in turn, you can access them from any device with an Internet connection.

Some web applications also manage this type of storage so that their programs work and their users have access to information, such as marketing automation tools, CRM, among others. Check out America's Best Bookkeepers

Because of the amount of information that can be stored, the storage in the cloud has limits that depend on the company that provides this service.

Most have free accounts, which may be more than enough for many, while for others, it may seem little.

An average user will use approximately 5 to 10GB of information stored in the cloud per year. How? well, between photos, music, and videos, this space is easily consumed in a short time.

Types of storage in the cloud

According to the properties, limitations, and access to the information they present, there are different types of storage that you or your company should consider before deciding on a possible investment.

Public cloud

This type of storage has few restrictions on access to information. In addition, by having a company dedicated to your care, the maintenance that you must do to your account is minimal. The risks of losing information are low because they have a good level of security.

This is the option most used by users of this type of storage due to its low or no cost and ease. Some of the most common are Google Drive, Dropbox, iCloud, Soundcloud, among others. Check out America's Best Bookkeepers

In summary, we could say that public cloud storage is ideal for personal use, small entrepreneurs, and marketing professionals who are beginning to build their portfolios.

Private cloud

This type of storage in the cloud has better performance in terms of security and personalization compared to the public, apart from being able to count on occasions with much larger storage capacities.

Data backup providers, tools for scheduling queries, or image banks could be examples of this type of computer cloud.

This solution is more used by companies since they need high storage capacities and also security in their information.

Hybrid cloud

This is nothing more than a mixture of the two previous clouds, and they are used when, for example, you want to have a data reservation, but at the same time, you want to return a part of the public.

We can mention a company that uses Big Data and that needs this type of cloud to store sales information, OKR, and sensitive metrics of the company, but at the same time wants to share some useful information with its collaborators.

Types of cloud storage service

As I mentioned earlier, there are companies whose products or services depend on this storage in the cloud.

These services can be infrastructure, platform, or storage. Check out America's Best Bookkeepers

Starting with the IaaS (Infrastructure-as-a-Service) that are the most common, we can find companies such as Amazon, Rackspace, Flexiscale, which have large storage servers that provide the basis for other services.

If the service has an operating system, a programming language, a database, and a server, it is known as a PaaS (Platform-as-a-Service), some of them are Microsoft Azure, Salesforce.

And finally, we find the SaaS (Software-as-a-Service), which works with a web application model where users can find solutions many times cheaper than buying a Software license. Some examples can be HubSpot or Pipedrive.

Conclusion

The storage in the cloud gave space to a great digital transformation. The great change occurred in access to information and the number of services and solutions that emerged from it.

Then, we can say that public clouds are feasible to be scalable, but they are not known for performance since their focus is the individual consumer.

Private clouds provide high confidence but are limited in their long-term scalability.

Finally, hybrid clouds offer the internal control that some companies are looking for, but they tend to be more expensive.

The choice will depend on the strategy you want to use and, of course, do not forget that this must be considered within any marketing strategy, for example, in the use of a marketing automation tool or a CRM.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers