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Why Online Presence Is Essential For Small Business Success  by: Srinivasan R.G. If you are any kind of small business or home operated business, online presence is essential. Majority of web site visitors are from the English speaking population due to the high levels of internet penetration in that category, online presence for all small enterprises cannot be overemphasized. The research data in the US about online connectivity reveals the following facts which may help to understand the importance of the web presence for businesses especially the small enterprise. 70 % of the US households have web connectivity. In 2004 worldwide online population was 801 million worldwide. Of these 36% used English as the language. Of this U.S. alone accounts for close to 200 million. The next major group was European languages with 38 % and major single language next to English was Chinese accounting for 14%. Home web users were generally affluent, literate, and belonged to the younger age profile. This means the web presence for any business is necessary if you want to succeed in promoting your products and services to a population who can afford them and also willing to buy them online. The household that did not own a computer or who were were not connected to the web, generally felt it is not useful or needed and cost too much. What this means for a small business owner is that they are better off promoting their products to people who were online. You small business success is undoubtedly linked to your online presence About the author: R.G. Srinivasan is a managerial professional, Writer and Author. He writes a regular blog on management thoughts with interesting articles, resources, personal experiences and links useful for practicing managers at http://management-thoughts.blogspot.com

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01/05/2009 03:17 PM

S.E.C. Answers Critics of Fair-Value Accounting (New York Times)

For those on Wall Street who hope that 2009 will bring some relief from mark-to-market accounting rules, the Securities and Exchange Commission had some glum tidings last week.

01/06/2009 03:40 AM

Tennessee shifts to online accounting system (The Tennessean)

With the start of the new year, Tennessee state government begins the next phase of a massive, $134 million reorganization of the state's accounting system, flipping the switch to move toward a new online process for procurement, bidding and payment for state contractors.

01/06/2009 02:20 AM

DATC is expanding accounting classes (Deseret Morning News)

The Davis Applied Technology College will be hosting eight new accounting specialty programs.

01/06/2009 01:33 AM

IPOs in China to jump 47 percent in 2009: accounting firm (AFP via Yahoo! Philippines News)

Funds raised by Chinese companies in local initial public offerings are likely to rise 47 percent this year compared with last year, accounting firm PricewaterhouseCoopers said Tuesday.

01/06/2009 05:24 AM

Microgen adds liquidity accounting hub (Finextra)

Microgen has today announced that it has added liquidity calculation functionality to its Microgen Accounting Hub (MAH), which is powered by Microgen ...

01/06/2009 07:57 AM

JPB Enterprises, Inc. Announces the Formation of JPB Accounting Services (Marketwire via Yahoo! Finance)

JPB Enterprises, Inc., a privately owned holding company focused on investment banking services, private equity, real estate development, and a portfolio of owned businesses, recently announced the formation of JPB Accounting Services, LLC, a premier provider of outsourced accounting and financial management services in the Baltimore-Washington corridor.

01/05/2009 12:29 PM

Schroders on lookout for accounting shocks (Reuters via Yahoo! UK & Ireland News)

Fund manager Schroders has begun screening big European companies in an attempt to avoid those with imprudent accounting practices that are likely to run into trouble in the economic downturn.

01/05/2009 12:14 PM

SEC Study Defends Fair Value Accounting (SmartPros Accounting)

Dec. 30, 2008 (Xinhua Financial News) There is no need to suspend a controversial accounting rule used to value hard-to-price assets such as the toxic debt underlying the U.S. housing crisis, according to a U.S. Securities and Exchange Commission study released on Tuesday.

01/05/2009 12:38 PM

Fund firm says on lookout for accounting shocks (The Forex Market)

LONDON, Jan 5 (Reuters) - British fund manager Schroders has begun screening big European companies in an attempt to avoid those with imprudent accounting practices that are likely to run into trouble in the economic downturn.

01/05/2009 09:22 AM

Sikich Named Technology Pacesetter for 2008 by Accounting Technology (Marketwire via Yahoo! Finance)

The editors of Accounting Technology are pleased to announce that Sikich has been chosen as a Technology Pacesetter for 2008.