Spring season is the time where retail blossoms and hits its peak. As the frost thaws and people go out more into commercial areas to dine and shop for the upcoming spring festivities, retail-based businesses across clothing, equipment amongst other things must be prepared to meet the surge head-on, therefore gearing up with their marketing […]
Accounting and its practitioners are seen to have a short supply curve at least for the next decade because of a change of demographics where the next generation have a different set of career aspiration and lifestyle preferences according to the following reports: For more than a century, accountants have been a fixture across enterprises […]
Self-publishing and content creation are made more accessible in this day and age as there are numerous platforms such as Youtube and Spotify that allows anyone to start creating videos and recorded podcast respectively. One of the fastest rising ways to reach a niche or broad audience is through podcasts. Podcasts is a recorded audio […]
Separate Personal and Business Finances: Open a dedicated business bank account to track income and expenses separately from personal finances. Track Every Transaction: Keep a detailed record of all financial transactions, including sales, purchases, and expenses. Utilize accounting software or spreadsheets for accurate and organized tracking. Set Up a Budget: Create a budget to forecast […]
As a church leader outsourcing church’s accounting, you understand the importance of financial stewardship and transparency when you . However, managing finances can be a complex and time-consuming task, particularly if you lack the necessary expertise and resources. One solution to this challenge is to outsource your church’s accounting. While outsourcing may not seem like […]
Payroll, accounting, human resources, and information technology are some of the most common ‘back office’ functions that your company may want to outsource. The reasons vary: smaller businesses may be short on staff or wish to free up the management team, whereas larger SMEs may desire access to higher levels of professional expertise without incurring […]
Should I build a finance team internally or engage an outsourced accounting firm? What is better for scaling? How will it impact my operating expenses? Will I lose control? Will I save time? These are important questions when deciding whether or not to engage an outsourced accountant to perform accounting and bookkeeping services for your […]
Today’s business owners are facing greater expectations when it comes to financial transparency and government compliance. All too often, businesses are juggling day-to-day responsibilities alongside more complex and time-consuming tasks such as finance, accounting, compliance, internal audit, and risk management. They are simply trying to do more with fewer resources. Stop trying to do it […]
Business goals are the motivating force behind successful companies of all sizes. They keep your business moving forward, and without them, you can’t get from where you are now to where you want to be. While most people know the importance of setting goals, achieving them is the hard part. Whether you’re just starting to […]
It’s not that common for churches to consider getting professional help for their bookkeeping, mainly because churches are often more focused on doing their ministry work rather than handling money matters. Understandably, heeding the higher calling of ministry is the purpose for building the church in the first place. But whether you pay attention to […]
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