A leap year consists of 366 days, as opposed to a common year, which has 365 days.
Leap Years 2012 – 2032
Year February 29 – day of the week
Why do we need a leap year?
Leap Years are needed to keep our calendar in alignment with the Earth’s revolutions around the sun. It takes the Earth approximately 365.242199 days (a tropical year) to circle once around the Sun. If we didn’t add a day on February 29 nearly every 4 years, we would lose almost six hours every year. After only 100 years, our calendar would be off by approximately 24 days!
What does this mean for business?
The advantage to most businesses is that they have the benefit of an extra day’s work. Leap year day provides the opportunity for an additional day of productivity in the first quarter of this year, in that February has an extra day that might just make the difference given that 0.1% of additional productivity could well make a difference.
What you could do with that extra day?
Put that extra day to good use. Spend some time researching how to streamline your business processes and procedures to help maximize the effectiveness and profitability of your business.
Pick up the phone to find out more about Customer Relationship Management (CRM) and Accounting and Enterprise Resource Planning (ERP) software and solutions. Have your business requirements and procedures assessed and get assistance in the selection, implementation, and customization of the right software to help maximize the effectiveness and profitability of your growing business.
As industry leaders, Los Angeles based Faye Business Systems Group supports clients worldwide with Sage MAS 90 and MAS 200 (Sage ERP 100), SugarCRM, the market-leading commercial open source CRM application, and Intacct cloud financial and accounting software. This is a good place to start, so make that first call 818 227 5130.