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Tuesday,
June 16, 2009
Hello [Firstname],
As we begin the summer we have the tendency to want to slow down and take a break. We have been conditioned since grade school that summer is time off from work. But that attitude is not healthy in the business world, especially in these tough economic times. Instead, we suggest you look at summer as a time to take a step back and work on your business, not just in your business.
In this month’s edition of the GrowthForce E-News, we give you some tips on keeping track of business via CEO Dashboard Reports. We also pose some questions every non-profit board member needs to ask and give guidelines to maintaining a positive attitude during tough times. Enjoy this edition of the GrowthForce E-News, but remember to let the competition slow down this summer, but not you.
DASHBOARDS STEER SMALL BUSINESSES
We all have dashboards to help us drive our cars. Those instruments and control panels on the dashboard help us to make decisions when operating our vehicles. GrowthForce has applied the same concept to running small businesses. We have developed a series of graphs, that we call dashboards, that trend data over time to help management make better business decisions. To read more about how dashboards help GrowthForce clients drive their businesses, Click here to view the KPI whitepaper.
QUICKBOOKS TIP
Back ups in Multi-User Mode
At GrowthForce, we recommend that clients backup their data as often as they can afford to lose
data. If they can afford to lose a week’s worth of data, then they should back up once at the end of the week. If that is too risky a scenario, then they need to back up more often. 
With QuickBooks a problem occurs when a company has multiple users they all have to log off to run a back up. Not so with the new 9.0 editions of QuickBooks. Now when a business is in the multi-user mode, they can back up at anytime of day without logging out and interrupting the workflow.
Margaret Gow, GrowthForce senior systems manager, says the change is a result of QuickBooks transition to more mid-market business users. Larger business need to back up their data two to three times a day.
“If you ever hesitated to back up data because it would be a disruption to your business,
it’s worth buying the new QuickBooks edition,” states Gow. She notes that all 2009 versions, Enterprise Solutions, Pro and Premier, now have the multi user back up feature.
Click here if you would like more information about back ups.
FREE UNITED WAY RESOURCES
The United Way of Greater Houston recently conducted a board development training program for a GrowthForce client: Village Learning & Achievement Center. At the seminar, we heard some surprising facts about the non-profit sector. The business category grew 27 percent from 1995 to 2005. Texas ranks third, after California and New York, in states with the most non-profits. In Harris County alone, there are an estimated 10,000 non-profit organizations.
Ronnie Hagerty, Assistant Vice President Community Relations for United Way, led the discussion and offered us a Quiz about duties as members of a board. To view the the quiz, click here.
United Way is a Foundation Center member, offering both print and online Foundation Collection directories in their libraries. They have a large reference collection that can be shared electronically, or checked out on loan from their library.
VISTAGE TIP
Last month, we introduced a business tips by Vistage in this column – the world’s largest CEO peer group. This month’s tip from Vistage is titled, How to Prepare for the Recovery: Prospering in the New Business Landscape. Click here to read the article.
Vistage is an organization of CEOs who help each another make better decisions, achieve better results for their businesses and enhance their lives.. Click here for information about Vistage.
HOUSTON CPA SOCIETY PRESENTS SCHOLARSHIPS
Four area high school seniors were presented scholarships by the Northeast Satellite of the Houston CPA Society. Each student received a certificate and letter notifying them of a $750 scholarship funded by local CPAs contributing to the society's CPAs Helping Schools initiative. The annual scholarship program is for high school seniors interested in an accounting career.
"There is currently high demand for accounting professionals, but a shortage of students entering the field," said Stephen King, GrowthForce CEO and Northeast Satellite chair. "The CPA Society sponsors these scholarships to encourage more students to select a career in accounting."

King (top, left) and Houston CPA Society Executive Director Nancy Rutledge (top, right) award the accounting scholarships. Winners were: from Kingwood High School (standing, from left) Michael Micheletti and Ryan Price and (seated, left) Natalie Wilson along with Valerie Phillips from Atascocita High School.
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