My name is Marcarthur. I am a full time student at Syracuse University. I have no intentions of leaving this damn school until I obtain what I came here to get!

Sunday, October 10, 2010

Entrepreneurship Lab 6th post

One way I would maintain a good financial reputation for my company and my product would be to periodically check my credit report to ensure all my fiancees were in place. It would be necessary to open a loan or two and a credit card to establish my company securely and to be able to provide supplies at a moments notice. Checking my credit report will help me keep track of what cards I have open and what, if any, violations I have made, as well as any loans I have opened.
When checking my company's financial stability, afterwards I will most likely record this information down somewhere. As this being generation Y and everything its most likely I will chose to store this information on a computer. Ultimately it would either be on a cloud computing server of a computers hard drive. Preferably I would store sensitive information on a computer's hard drive only I had access to, just to secure the information to the best of my abilities.

Five years down the road our technology is most likely going to change for the better and upgrade. The important finical information stored on my computer/s isn't simply inaccessible just because I deleted it and emptied my trash bin. Information can always be accessed if it was at one point on a hard drive. To secure the safety of my company and any other sensitive information that was stored, a proper disposal of this information is required using the this process: Destroy, disintegrate, incinerate, pulverize, shred or melt. This is, if not the safest way, one of the safest ways to dispose of information stored on a hard drive.

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