The average business owner always has a list of pain points, such as marketing, process optimization, sales, or client retention. While it may be true that any experience of business ownership is not without struggles, some hurdles can be much greater than others, such as the payroll process.
Read MoreThe key to a successful business is continuous improvement and strategizing, especially when it comes to financial matters. Even if you have a good product or service, your business will become stagnant if you don't actively look for ways to improve your internal processes.
Read MoreThe Coronavirus disease pandemic, commonly referred to as COVID-19, has devastated the country, causing a disruption in everyone’s daily life. Based on current statistics, New York City has a confirmed number of 222,284 cases out of the United States’ 676,676—comprising nearly a third of the entire country’s cases.
Read MoreNo matter how far the world has progressed and how much technology has evolved, many businesses in New York still struggle with one problem that has troubled many before them: payroll.
Read MoreCash-based accounting is one of the different accounting concepts that you have to keep in mind as a business owner.
Whether you’ve learned about it in an accounting class or heard it through the complaints of a fellow business owner, cash accounting holds significance in any company. If you’re new to the idea of cash accounting and are looking to implement it in your own business, this article is a simple guide that you can use.
Read MoreThroughout the course of time, both mark-to-market (which is also called “fair value”) and historical accounting methods have played a significant role in ensuring the financial health of millions of businesses. Whether you’ve heard of them before or have encountered them while working somewhere else, knowing about both historical and mark-to-market accounting can help you put your business ahead.
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