3 Financial Mistakes Your Startup Should Avoid - What to Know

Startups are incredibly popular nowadays, but running them can be quite a challenge. It’s a relatively new business model, and finalizing your product can take quite a while. They’re also usually made of small teams, meaning everyone usually wears multiple hats. That also typically means that no one on the team is an expert in managing every aspect of a business, leading to some serious risks.

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Kelly Gonsalves
Keeping Finances Healthy: How to Properly Run a Remote Team

Although we’re currently going through such unpredictable times, the circumstances have brought us in the midst of a flexible workplace. It’s a revolution, to an extent, as most employees now work in the comfort of their own homes. Remote work has always been a concept, but its growth has accelerated following the pandemic, and experts suggest that companies around the world may end up adopting the pattern permanently.

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Kelly Gonsalves
Reconciliation in Business: What Is It and Why Is It Vital

Managing the financial aspect of your startup or corporation can be overwhelming, especially when you are new to the world of business. This involves account reconciliation, which is the process of making sure your internal financial records and your monthly statements from external sources match up. To achieve this, you must know how to reconcile your accounts accurately.

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Kelly Gonsalves
5 Reasons You Should Outsource Your Bookkeeping Amid COVID-19

The COVID-19 pandemic has shocked the world as it pushed everyone to pause and slow down. Despite various areas easing their lockdowns, the threat of the virus still lingers. Aside from resuming business operations, piles of financial documents must be addressed right away to keep the business going and lessen the impact of the crisis on their cash flow.

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Kelly Gonsalves