When running any business, it is important for the organization to make sure that you use the right systems so as to keep the business in the right track. There has to be good communication among the employees and between the organizations and their clients as well. One way to achieve this is by investing […]
DIY PR: 6 PR Tips for Small Businesses
If you own a business, you can save a lot of money by doing PR yourself instead of hiring a PR company. However, you need to be creative, real and determined to grow your business. Here are some important tips in PR: Tell a story about your brand When doing PR, you need to tell a […]
Balance Of Trade And Balance Of Payments. What’s The Difference Between Them?
Nowadays, international trade is becoming a common practice. Thanks to globalization, we see that countries can engage in transactional activities with each other. In this case, there is a need to record such activities in a country’s financial report. Consequently, there are two distinctive statements in the accounting system. These statements are called Balance of […]
Top 5 Challenges Faced By The Australian Accounting Industry
Accounting is a process through which the economic information of a company is identified, measured and communicated to the internal and external customers. It helps to identify the financial health of a company, which in turn facilitates to judge the performance of a company. So, it is very important to have a good accounting system, […]
Best Big Cities for Starting a Business
Low initial costs and modernized procedures make countries in Asia attractive to entrepreneurs. A couple of new business registrations occurred in East Asian and Pacific nations as recorded by the World Bank. The Organization for Economic Cooperation and Development reports that new enterprise creations have been positively developed internationally. Profit in huge manufacturing conglomerate has plummeted […]
Don’t Let Expenses Be a Drag on Your Finances
Summary: Lack of oversight, inefficient policy enforcement, not using data and analysis, and keeping processes manual are some reasons why expenses can be a drag on your organization’s finances. Employee-initiated expenses though are very necessary for the functioning of the firm, can be a huge drag on the company’s finances. One of the major reasons […]
How Online Payments Benefit Small Businesses
It’s hard to believe how fast things advance in the IT world. Some businesses have accepted online payments for over 20 years. But two decades ago, not nearly as many businesses sold online, much less used a global payment gateway to accept online payments worldwide. Some businesses are still stuck in that position, relying on […]
Advice for Fledgling Companies from a Business Rescue Expert
Back in the 1970s, fresh faced graduate Fred Smith founded a new delivery company called FedEx with $4 million of inheritance and $80 million in loans and investments. Just three years later, Smith’s fledgling company was floundering. With just $5,000 in the bank and a fuel bill totalling $24,000, the future wasn’t looking bright. So, […]
Top 5 Career Opportunities in Financial Markets in India
India is one of the fastest growing economies in the world. Financial services is one of the fastest growing sectors in the Indian economy. It has huge untapped potential. With large middle income population and low penetration of financial services in the country, makes personal finance management an absolute essential. Financial services sector can […]
3 Tried and Tested eCommerce Tips to Reduce Chargebacks
So, you’ve attracted users to your site, blown them off their feet with sensational product pages and eased them through the checkout process? The order confirmation pops up and you dispatch their order within the hour. After a couple of hours, the funds arrive in your merchant account. Everyone is happy. Well, everyone is happy […]