The demand for BPO services in India is growing day by day like anything. It is the most favored BPO destination for most of the big MNCs business interest. Yes, India is home to large and skilled human resources. That is the reason, why so much business houses are interested in outsourcing their accounting operations […]
Very soon small US business firm came to know the benefits of bookkeeping and accounting outsourcing. They realizes the traditional method of bookkeeping is a time-consuming process. Apart from that the old practice of typical bookkeeping require accounting skills to maintain optimum accuracy of books of accounts, which sometime we cannot get from the in-house […]
Before selecting a solution to make your life better by delegating the most tedious and monotonous routine business affairs to someone else, just put some efforts to have a clear picture of the scenario. Take a breath, give some time and investigate all about the issue. The first thing that you need to do is […]
As a business owner, you have plenty of options – particularly when it comes to credit. Determining whether to use personal or business credit cards can be a difficult choice, and each comes with its own pros and cons. To take some of the confusion out of the process, let’s take a look at the […]
When you’re running a business, the last thing you want to be worried about is all the little details of your finances. Yet, accounting is quite possibly the single most important factor of your business’ success. So how can you strike a balance between managing and growing your company and making sure your finances are […]
Expenses. Every business has them, no doubt about it. How you manage those expenses, however, can make or break whether you’ll continue to realize success or not – especially if you’re just starting out. The key is to reduce business expenses as much as possible so that your bottom line isn’t impacted too significantly. That […]
Depending on where you are in your business, using a business credit card may or may not be wise. We’d like to touch on some of the “do’s” and “don’ts” of business credit so you can determine if you are using yours wisely. DO You keep things separated. On this blog we’ve talked about keeping […]
Calculating your daily sales outstanding (DSO) is a relatively straightforward process. By dividing your accounts receivable by the annual revenue Managing Your Daily Sales Outstanding per day, you’ll have a better understanding of the average number of days it takes your business to collect from customers. Logically speaking, a low DSO means that your customers […]
Most businesses rely on an in-house bookkeeper to handle their bookkeeping needs. Usually, this in-house bookkeeper is an office assistant who handles bookkeeping in addition to various other tasks. Having bookkeeping handled by non-specialists is error-prone and expensive especially when you can outsource bookkeeping at a fraction of the cost while dramatically improving its quality. […]
I’m a huge fan of checklists and couldn’t live without them. They get me through my day and help me make sure I’m not forgetting something vital. It also saves me from a mountain of post-it notes and little “reminders” that get lost just when you need them. So, if you’re ready to get your […]