Bookkeeping is necessary in any business. As a small business owner, it’s important to recognize that the best practices used by big or conglomerate (Fortune 500) companies also apply to you. Following basic accounting principles is essential for success in …
The Importance of Accounting for Small Businesses 1 Read more »
1. Barter If you have a business you ought to be bartering products and services with various other businesses. You must trade for something before you buy it. Barter deals generally call for little or no cash. 2. Network. Attempt …
10 Effective Ways to Reduce Your Business Costs in a Recession Read more »
Why do companies use budgets? How do firms see budgets from the standpoint of their importance and performance? In this article we will talk about these aspects of budgeting (planning). Reasons companies need budgets When people hear about budgets, they are often …
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