It’s not uncommon these days to discover folks who want to start from scratch and construct something from the ground up rather than looking for employment that doesn’t pay much. This is when a eureka-type business idea can save the day. Business ideas are one thing, but implementing them is another thing entirely. It is…
When you run your own business, every sound of tick-tock in the clock is precious for you. But, when it comes to keeping yourself going, regardless of where you are in your business journey, you always look for sources to learn something new each day. For that, YouTube has been an excellent platform for…
The duties of an accountant revolve around financial record keeping, decision-making, and other aspects that can ensure that the company thrives well in the market. An accountant or a bookkeeper must prepare and analyze the financial records of a company while managing data that can be analyzed and used for consultation. The bookkeeper is to…
On 16th Jan 2016, Prime Minister Mr. Narendra Modi announced a bunch of benefits and schemes to promote the start-up ecosystem in India. The event was called ‘Startup India, Stand up India’. It has immense importance because, for starters, it was the first of its kind dialogue between India’s startup community and the government. Startup…
Accounting software is of immense help when dealing with the finances of your business. Especially, when you don’t have much knowledge of accounting and bookkeeping. Accounting software minimizes your chance of financial mismanagement and facilitates invoicing, expense tracking, and payroll. It helps you in keeping your books up to date and balanced and to avoid…
If you own a business, your gains are subject to taxes by the government. Business owners often lose a big part of their gains to income taxes. Therefore, it is essential for business owners to understand how to identify tax deductions relevant to their field of work. Higher tax deductions for small businesses also equate…
Having a good plan for your business is very beneficial, not only gives you clarity but also helps for other reasons like getting investors. A solid plan is very crucial for all businesses making a business plan, is not an enjoyable process. In this blog, we will help you to create business plans as well…
Aamdani athnni Kharcha Rupaiya or Earning in pennies but expenditure in dollars. Every small and big business owner must be aware of this saying, especially during the start of their business journey. This is the why business owners should maintain a profit and loss report. It will not only help you understand your business’s financial health…
If you own or manage a company or know someone that does, you know that businesses account for all the expenses made for their upkeep. It is crucial to keep a journal of transactions made by them to maintain economic stability. This is what an accounting journal is. Several unaccounted transactions cause an imbalance…
When it comes to accounting and bookkeeping, Debit and Credit are the two words you shall come across the most often. You can have a better knowledge of the accounting process by learning how debit and credit function. It might even make it easier for you to understand complex accounting concepts. What is…
