Many business owners grew up wanting to become entrepreneurs, not paper-pushers. They dreamed of creating world-changing products, taking financial risks for enormous profits, and making the cover of Forbes. What they didn’t dream about were problems with cash flow: chasing late payments, printing invoices, and moving money in and out of bank accounts. How can automation improve business cash flow? Continue reading How Can Automation Improve Business Cash Flow?
Thanks to the internet, we have the opportunity to reach a vast amount of people. Due to the many options, creating a business is easier than ever before. However, growing a business startup to become self-sustainable is easier said than done. We are here to tell you what mistakes to avoid. What are the most important pitfalls to avoid in a business startup?
Continue reading What Are The Most Important Pitfalls to Avoid in a Business Startup?
This article will be helpful to those who are starting a business and wondering where and how to look for funds. This is relevant for businesses that require significant investment with great potential for success. How do you find business investors for your company?
Many people dream of owning a business one day, but they often don’t realize what it takes to run a successful company and achieve business growth. The success rate for small businesses is actually not as high as you may think, and the lack of preparedness is usually the main culprit behind an owner running their establishment into the ground. How do you build a successful business from scratch?
The global pandemic has disrupted the financial sector in more ways than one. Lockdowns and restrictions across the world have basically crippled the global economy. However, during those trying times, payments have started to evolve. Here are a few payment trends driving the future of payments. Continue reading Payment Trends Driving the Future
Must all segments of your business operate effectively for your business to be truly successful? Some businesses survive in spite of poor performance in some segment(s), which is actually being carried by the performance of another segment. In other words, when one segment is not productive, other segments must be even more productive to compensate for it. If this is the case, then you could use a balanced scorecard to achieve strategic alignment. Continue reading How Do You Use a Balanced Scorecard?
Are you an employer with people working for you? Did you know that it’s possible to help employees save money and strengthen their finances? Of course, you’re not making financial decisions for them. Let’s see seven ways to help employees save money. Continue reading How to Help Employees Save Money and Strengthen Their Finances
As a woman, understanding how to invest is crucial for your future. Think about it – women tend to live longer than men. According to Scientific American, “Women outlive men by around five to seven years.” This means that by age 85, there are about six women to every four men. And yet, according to the Transamerica Center for Retirement Studies, over 45% of women aren’t too confident or aren’t confident at all when it comes to their retirement savings. Compare this to 35% of men who aren’t confident. It’s important to NOT be a Novice Women Investor. Continue reading Important Considerations for Novice Women Investors
Generally, one of the most important users of financial statements in the USA is the Internal Revenue Service (IRS), followed by various state and local taxing authorities. Required income tax returns can be prepared more easily from financial reports that are classified in a comparable manner. A tax practitioner is usually retained to prepare and file these returns. The reports most commonly requested of the company are the general ledger and related financial statements. What are reports of financial statements? Continue reading What Are The Reports and Financial Statements Prepared by Accountants?
Are financial performance objectives more critical than you think? While almost every business pays attention to financial performance, studies show that small and medium sized businesses in particular frequently do not engage in thorough financial planning, including the development of financial performance objectives. Continue reading How to Develop Financial Performance Objectives