It’s quite amazing that seven years on from the financial crisis, access to credit is tough for small businesses. It tells you that we’re probably not out of the woods yet and that there is likely to be more hardship to come. Small businesses need to do all they can to prepare for tomorrow’s risks today. Continue reading
Assuming you’re new to the business world or are still just a small company, your tax situation may not be clear. Of course, if you are a giant mega-corporation then you’ll be shelling out that tax money just like the rest of us. If, however, your size and profit margins are small, your situation may be a lot different. Continue reading
Your company may operate with dozens of different computer applications. As your firm grows, using different systems can make it difficult to operate efficiently. This issue is particularly important for your accounting and financial reporting. Consider an ERP system to streamline your business processes. Continue reading
As a business owner, you should constantly be looking for ways to take your venture to the next level. Improving the company can take many forms. Ultimately, though, your main goal is to increase profits. After all, finance is the only barometer of success that truly matters to the future of your operations. Continue reading
The world of business is a complex arena. One of the most important elements to consider at all times is whether your work is being conducted in a legal manner. Doing things above board is vital. In most aspects, your knowledge and commitment should see you through. However, there are a number of scenarios where outside help may be required. Continue reading
When you decided to start your new business, did anyone mention how tough it is to succeed? The plain truth is that trying to start a successful company is one of the hardest tasks in life. Why is it so hard? It is hard because of money. To begin with, most startups don’t make much money as they are fighting for their market share… Continue reading
Today, there are numerous versions of bookkeeping software available online promising small business owners the ability to solely manage their accounts. However, hiring accountants is the best way to stay on top of your bookkeeping and finances. Continue reading
Finance is an important word for everybody out there and intelligent finance management is crucial when it comes to leading a happy life with peace of mind. You have to understand your investment and savings, be responsible and timely with … Continue reading
Whether you’re a business owner looking to simplify your payment process and hence save time and money, or you need more advanced payroll reporting, there are factors that must be considered in the process of payroll software selection. Continue reading
Running a business is extremely exciting. However, it requires many factors to make a success of things. Whether you’ve been in the game for five minutes or five decades doesn’t matter. It’s imperative that you give the key elements the level of attention they deserve. Continue reading