How To Deal With Coronavirus Scams
Scammers will always use any opportunity they can get to steal your personal information or your money. The current climate with the coronavirus pandemic is no escape. Since the virus has become widespread, it has become increasingly important to keep up with...
Working From Home During COVID-19
Since the outbreak of COVID-19, we’ve all had to make quick adjustments to our lifestyle. With mandatory quarantines and lockdowns, the concept of working from home became a reality for many organizations and employees alike. While this is not a new phenomenon, it was...
Finding the Best Bookkeeper For Your Business
When it comes to running a business, cash flow and money management are critical for growing and expanding your brand. Having a good handle on your cash flow helps to grow your business and prevent it from going under. Many business owners start out thinking...
Bookkeeper vs Accountant: What’s the Difference?
It is a common misunderstanding among business owners that the functions of a bookkeeper and an accountant are one and the same. While the two entities perform financial tasks for businesses, there are a few specific things that make their roles different. ...
Best Bookkeeping Softwares: 2020 Top Picks
Did you know that a lot of businesses fail due to cash flow issues? Accounting and bookkeeping softwares can help to track and manage your cash within your business. Choosing the right bookkeeping software, therefore, can be the key to keeping your business going....
Bank Reconciliation: Can The Bank Process My Business’ Bank Reconciliations?
In bookkeeping, bank reconciliation is a common cash procedure. It's a process in which you ascertain whether the balances for a cash account in your business accounts records match the information on a bank statement. What is the Purpose of a Bank...
Raise Capital For Business: Smart Alternatives
Seeking ways to raise capital in your business? If you need funds then sometimes it’s not a loan that you need. Before you decide to seek capital from external sources, there are alternatives you can consider. In this article, we will discuss several alternative...
Bootstrapping: How To Keep Your Startup Business Afloat
Bootstrapping: What is it? Bootstrapping is figuring out how to reduce the cash you need to start your business while finding out who will give you a hand. You do this by eliminating any unnecessary overheads. If, for whatever reason, you’re unable to raise...
How To Reduce Overheads And Expenses
Whether you are a new business owner or not, knowing a few tricks and tips that can help you reduce overheads and expenses in your business can go a far way. If you’ve been reviewing your business’s financial position and are looking for ways to improve your cash...
Paycheck Protection Program Part 2: Can Your Business Benefit?
Since the first rollout of the Paycheck Protection Program (PPP), the initial $359 billion funding that was available for small businesses has been depleted. However, on Friday, April 24, 2020, the President signed a bill that introduced a second round of loan funding...