Let’s have a glance of the Howdy Modi‘ meet that we had at the stage of NRG Stadium Houston, Texas. Yes, we are talking about the converse between India’s Prime Minister Narendra Modi and the US President Donald Trump which was held on 22nd Sep 2019, Sunday. The agenda of the met was India’s data […]
Proper and efficient accounting systems are seen as nice-to-have rather than must-have in SMBs including startups. A business company should have the entire infrastructure followed by a back-office and resources employed in the area of generating profit. Every business has a plan to utilize its resources effectively to make most of it. But there are […]
The concept of outsourcing is nothing but implementing the strategic use of resources outside to an organization to achieve its business objective in a structured way. This is also getting the things done from a third party organization which was previously handled by domestic staffs. Outsourcing activity can be defined as a strategy through which […]
If you are a savvy bootstrapped then your aim should be to minimize the operating expenses of the business. Not only in the field of accounting and bookkeeping but it can be implemented to any other area as well. Outsourcing the bookkeeping services requirement can help your business grow organically. So it is better […]
The occurrence of economic downturns can not affect innovation in the field of accounting. The accounting industry is still dynamic. Every day new organizations are being established and the accounting professionals are in demand. No business can run without the help of accounting and bookkeeping services. Starting from bookkeepers, accountants and auditors there will be […]
The term accounting outsourcing is not new for anyone in this digital era. Like any other business process, it has its own advantage and disadvantage. Before going to discuss the pros and cons of accounting outsourcing, let’s have a clear understanding of accounting outsourcing services. Many people do not know what exactly the tasks assumed […]
The market competitors are going faster. The industry is getting more competitive. Do you realize your competitors are snatching your clients? If yes, then be careful. It is high time for you to think about it and take an ultimate step. Update yourself about the market requirements; gather information in the technological area and infrastructure. […]
Identifying the profit margin is complex job for any business. If you are a product-oriented company then it is easy to quantify your output and sales. Hence it is difficult for the service companies to ascertain the profit margins. To know whether the business is getting good ROI a correct evaluation of profit is required taking […]
Outsourcing is not a new concept for the accounting industry. Due to its wide benefits, it’s getting popular among the community. The European countries and the United States, are pretty well familiar with the process. It is nothing but the delegation of non-profitable business processes to specialist hand. The process of outsourcing is not […]
Accounting is always time-consuming and stressful. Keeping track on all the operation of the business is not so easy. Even an accounting friend’s advice or a good accounting app can not suffice your business needs at times. Honestly saying being a business owner you should not expected to be a master in finance management. Implementing […]
