Small Business & Startups News, Tips & Advice
Businesses of all sizes require hard work, but it can be specially difficult starting out as an entrepreneur. The responsibilities and the risks can be scary, but sometimes having a business is worth all that. For young entrepreneurs, however, challenges that wouldn’t faze people with more life experience and access to finances can seem insurmountable. […]
Starting a new business is a very demanding task, and it can become especially difficult when you don’t have the proper funding for it. And we all know that without a decent startup investment it is almost impossible to start any profitable business. Here is a list of six simple ways to finance your business […]
If your company accepts payments, you’re paying payment processing fees right now. Most company owners ignore these fees, writing them off as just another cost of running a business. When you start comparing payment processing deals, there’s actually a whole lot of variation in the industry. While the differences between deals might look small […]
People always tell us when it is the right to do something. There is always a right time to get married. A right time to eat. Right time to sleep. And of course, a right time to invest in real estate. Talking about the last one, yes it does come down to a few things […]
There has never been a better time to invest in cryptocurrencies. With fiat currencies facing global disruption due to social, political, and economic upheaval – digital and alternative currencies are seeing a dramatic increase in not just their popularity, but their value as well. While some may dismiss their power as nothing more than a […]
With the cap of $10 billion, bitcoin has been the central nerve of digital currencies for years. According to some recent statistics, its prices reached a record-breaking high of $4500 in August. However, as bitcoin has gained momentum, numerous similar cryptocurrencies have entered the market. Moreover, the majority of these altcoins offer numerous advantages over […]
India is one of the fastest growing economies in the world. Financial services is one of the fastest growing sectors in the Indian economy. It has huge untapped potential. With large middle income population and low penetration of financial services in the country, makes personal finance management an absolute essential. Financial services sector can […]
Back in the 1970s, fresh faced graduate Fred Smith founded a new delivery company called FedEx with $4 million of inheritance and $80 million in loans and investments. Just three years later, Smith’s fledgling company was floundering. With just $5,000 in the bank and a fuel bill totalling $24,000, the future wasn’t looking bright. So, […]
Summary: Lack of oversight, inefficient policy enforcement, not using data and analysis, and keeping processes manual are some reasons why expenses can be a drag on your organization’s finances. Employee-initiated expenses though are very necessary for the functioning of the firm, can be a huge drag on the company’s finances. One of the major reasons […]
Nowadays, international trade is becoming a common practice. Thanks to globalization, we see that countries can engage in transactional activities with each other. In this case, there is a need to record such activities in a country’s financial report. Consequently, there are two distinctive statements in the accounting system. These statements are called Balance of […]