As the world countries are gradually opening up their economies by making up with the Corona, a larger and more hostile challenge of economic recession looms over the world right now. Starting with China which has recorded a historic slump in the first quarter, all the major world economies are experiencing the tremors in their […]
The lockdown measures taken as the first line of defence against the Corona pandemic have severely impacted every business both large and small. The fallout of the economy has ensured a cash crunch for businesses to cover employee costs, rent, and other business costs incurred. It has quickly pushed the employers into unforeseen economic hardships […]
Do you know that the essential process of Bookkeeping dates back to as early as 8000 BC? And why not? Identifying, recording, storing, and retrieving financial information is an essential ingredient for any business to run smoothly and optimally. However, if your company is growing rapidly, it is very difficult to keep track of every […]
A business generally comprises of a number of operational processes. One of the most critical elements which a business organization must take into consideration is related to the aspect of finance. Finance along with marketing, human resource, and information technology comprises of the four pillars which every business demands upon. In order to maintain a […]
The United States has rolled out a slew of tax provisions for businesses in an effort to help the economy from backsliding even more. Tax refund updates and policy changes in combination with businesses loans and unemployment insurance are expected to work in tandem, to give a breather to businesses and individuals in terms of […]
Congress has passed the much-awaited Coronavirus Aid, Relief & Economic Security Act (CARES Act) to help individuals and businesses severely affected by economic damage that ensued due to the Coronavirus pandemic. The CARES Act entails a $2.2 Trillion emergency relief package that is infused into the economy by providing economic relief and aid to American […]
Every day lots of new entrepreneurs come to the industry to run their business and make a profit. But often it has been seen that few of them can only survive in the cut-throat competition. One thing that I understood from this trade industry is that you should be capable to manage your bookkeeping the […]
Business owners are finding a way out to predict the wants of their customers to make them happy by making them satisfied. The journey has not been finished until the date. Entrepreneurs are implementing techniques and technologies to read the minds of their customers. They have not settled yet in bringing something unthinkable to the […]
Time and again it has been proved that outsourcing accounting provides a full accounting department package experience especially to small-sized businesses that are running in constraints of capital and resources. The core activity of an accounting department is to manage the books of records, handle the day-to-day business transactions, managing accounts payable, taking note of […]
All the business houses should stay focused on accounting if you do not want your business to sink before it grows. Accounting includes managing bills payable, receivables, internal and external debts including other marketing expenses. Here we suggest some important marketing strategies to be followed to save your company and grow organically in a competitive […]
