Whether you’re an independent contractor, a business owner, or a common-law employee who has to report another form of income, the IRS Form 1099 is there to cover almost all bases. From freelancing income, stock dividends, and even abandoned properties and canceled debts, there are a lot of different forms for different incomes to declare. […]
Read moreRunning a successful company puts a lot of pressure on the business owners to deliver recurring cash flow that can be counted on at home. How do you manage business and personal finance?
Read moreUnderstanding how your own accounting software works is as important as understanding the actual double entry accounting that is occurring “behind the scenes”.
Read moreAs a business owner, you never switch off. There’s always going to be work-related thoughts buzzing around your head. These thoughts can flood in all at once and feel overwhelming at times. It’s crucial you maintain good health while running a company, and a SWOT analysis can help. It’s an excellent tool that will put […]
Read moreChief financial officers (CFOs) must go beyond conventional finance functions in today’s business environment and become guardians of a company’s digital transformation. They’ll need to use a variety of SaaS tools, including artificial intelligence (AI), machine learning (ML), and blockchain, to do so. What financial software tools does a CFO use?
Read moreFor a start-up company, financial strategies for business are important to cover a lot of expenses and to give you enough resources to keep on moving forward as you start generating profit–and here is where start-up business loans come in. From your working capital, inventory, to real estate and equipment, sometimes your funds on hand […]
Read moreWorking Capital is a common measure of the health of your business operations. Knowing how to manage working capital is a crucial aspect of financial procedures. Working capital refers to the funds required to operate your firm on a daily, weekly, and monthly basis. It is the money used to pay your suppliers for materials, […]
Read moreThe world is going completely digital and there is no second guessing to it! Digital nomads manage a business from anywhere. With technological advancements, the entire landscape of how things work on the business end has transformed drastically. While technological interventions have proved out to be quite productive, we will discuss one of the famous […]
Read moreWe know that a good Return on Invested Capital is required to attract investors, but we also need our cost of capital (i.e. debt interest) to be lower than our Return on Invested Capital (what we do with investor money). The idea is to find cash for as little as possible and then invest it […]
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