10 Funding Options To Raise Startup Capital For Your Business

According to a recent study, over 94% of new businesses fail during first year of operation. Lack of funding turns to be one of the common reasons. Money is the bloodline of any business. The long painstaking yet exciting journey from the idea to revenue generating business needs a fuel named capital. That’s why, at almost every stage of the…

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How To Use WhatsApp For Business – 5 Tips With Examples

WhatsApp, the social messaging service acquired by Facebook for $19bn in 2014, is arguably the world’s fastest-growing communication app. As on January 2015, half a billion people around the world were regular, active WhatsApp users. These users are sharing more than 700 million photos and 100 million videos every single day. In India, its more popular than Facebook and…

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Advanced Accounting Using Journal Entry

Journal entry is the go-getter in Accounting. Anything and everything in Accounts can be done through a Journal Voucher. Let’s see some of the important transactions that require a journal entry. 1. Fixed Asset Purchase. Any business purchases few fixed assets for smooth functioning like Computers, Office Space, Printers, Servers, Trademarks, etc. Such transactions are…

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How to record Loan Transaction?

One of the most popular methods of financing is borrowing. Loans can be short term, long term, secured, or unsecured and should be recorded accordingly. It is important to keep track of the principle and interest amount, and record them respectively in books for correct accounting. Classification is vital as ‘interest’ paid on loan is…

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