According to Bloomberg, 8 out of 10 businesses fail within the first 18 months of operation. That’s a terrifying statistic if you’re a business owner. That simply implies that 80% of those who started blogging or any other online business will fail in it too. Why do businesses fail? What can make your business fail? […]
When starting out, most freelancers do it all by themselves and that’s totally fine. But the mistake many make as they grow is overlooking how setting up business systems can make their lives and their work more efficient, easier and certainly less stressful. That’s a shame. If you continue to do it solo as your […]
Good bookkeeping is essential to keep your business thriving—not just surviving. Badly tracked finances can cause your business a world of problems—from poor cash flow to improper tax filings and beyond. These kinds of problems can put a young business at serious risk. Good bookkeeping habits, on the other hand, can help a business thrive—and […]
As a small business owner,you need to wear several hats. Your tasks will range from marketing your brand to hiring the right people to maintaining relationships with your customers. You’ll also need to keep track of your profits and business accounting.
Accounting is probably not your passion, but keeping your books organized is crucial for your small business. Accounting is the language of business that speaks about financial growth. It translates numbers into a comprehensible statement about business profitability.
Startups have never had it easy. Big businesses hate disruption, and when a new company starts doing things differently, established players do everything they can to steal the ideas and squash the competition. PepsiCo, for example, has mechanized the process. Through its partnership with Black Swan Data, PepsiCo hopes to identify trends before they become, well, trendy […]