New to Business Finance? 4 Basic Elements of Company Cash Flow

If you are new to business finance, then you need to have the right tools and key understandings. Finances are one of the key tenets to being successful. This is true whether you are in the physical product, digital, or other industry. Don't miss out on the opportunities of understanding finances and company cash flow. Understand these four powerful concepts below. Assets and Liabilities In accounting, there are two main categories. You have your assets then you have your liabilities. If you h...
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5 Warning Signs That Your Accounting Software Is Too Much for What You Need

When shopping for the best accounting software, there is a common misconception among many business owners that more is better - that even if you don't need all the bells and whistles that come with big-time software, get as much as you can afford and maybe your business will grow into it. The reality is, not only are you throwing money away by overbuying on accounting software, but you could actually hurt your bookkeeping process specifically and your business in general. Look for these sign...
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Cooking the Books: 5 Steps to Hiring an Honest CPA for Your Business

A certified public accountant (CPA) is a professional who is certified by the state to practice accounting. Hiring a CPA is important when you want someone who proves the ability to get the job done. However, not every accounting provider is honest in the job application. There are 5 steps that you must follow to hire an honest, ethical CPA for your company. Education Every profession has educational requirements. Education is the first qualification that many employers want to see. If you a...
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3 Tips for Finding the Ideal Accountant

Sooner or later, every small business reaches a point when the task of record-keeping requires more than a simple calculator. Even a sole proprietorship will find that managing its finances and typical bookkeeping duties can become complicated over time. Professional accountants can offer help. After all, an accountant can manage the business's finances, taxes, and more. In many instances, an accountant also acts as a trusted advisor to the small business. He/she can help with the manageme...
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College Degrees That Will Help You Run an Internet Business

You might be under the impression that anyone can start and run a business in the online arena, regardless of whether or not they have a degree. And you would be half right in making this assumption. The truth is that you don't need much to start up an internet business. You can avoid the many overhead expenses that come with a brick-and-mortar institution (lease, staff, security, etc.) and it's easy enough to secure a domain name and lay out a website with a shopping cart for sales. But without...
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