Putting Together A Good Financial Team

Posted on 9:47 am, January 25, 2017 by

finance-team

The financial health of your small business reflects the health of your business. Hiring the right people to manage your financial performance will enhance the profitability, maximize the cash flow, and thereby provide an edge over your competitors. At some stage of your business life cycle you need to hire a financial professional. This should be as per your business … Read more


Tips To Keep In Mind While Choosing The Payment Platforms

Posted on 6:51 am, December 30, 2016 by

The way you do business has changed in the recent times. The world is indeed becoming a small global village where the consumers can buy products and services with just a few mouse clicks. Along with it has come the era of the cashless economy with more and more world economies adopting the plastic money and transitioning to e-payments. As … Read more


Close Your Small Business’s Books Effectively Before The Year Ends

Posted on 9:05 am, December 8, 2016 by

close-books

With Halloween and the Thanksgiving Day behind us the last few weeks of every year simply zooms by. The last few weeks of the year is usually spent on planning for the next year. However, ensure that you find time to go through the current year’s books and close it effectively and efficiently. One of the task that is of … Read more


Small Business Owners It’s Time To Start Planning For 2017

Posted on 9:46 am, November 29, 2016 by

smallbusiness-owners

With hardly a month to welcome the New year, its time businesses start planning for 2017. The businesses have to be financially prepared for the coming year by putting in place the various business strategies. Following are a few tips that will keep the business-up and running in the long way. 8 Tips to Bring in The New Year Revisit … Read more


Escalating Health Insurance A Concern For Small Businesses

Posted on 10:53 am, October 4, 2016 by

health-insurance

A major concern faced by many small business owners today is the cost of their employees’ health insurance. As per the report released by the National Federation of Independent Business (NFIB) Research Foundation’s Small Business Problems and Priorities survey that takes into account the time period of last four years, the ever-increasing cost of health insurance is the top most … Read more


Four Ideal Tools That Every Small Business Needs

Posted on 9:02 am, August 3, 2016 by

To make your brick ‘n’ mortar or an e-commerce small business a success you need to have a set of tools that will help you access your data from anywhere and at any time. When you are starting small you would be wary of the various expenses that are likely to be incurred and this makes you reluctant to try … Read more


Getting Customers To Pay Invoices On Time

Posted on 9:03 am, July 29, 2016 by

Invoicing the customers is often a nightmare for small businesses. No doubt it’s a cumbersome task for those businesses who work with minimum number of employees. Again once the invoices land in the customer’s mailbox, there is no guarantee that it will be paid on time. This can be very frustrating after you going an extra mile to provide a … Read more


The Template The Client Sees In Your Electronic Invoice

Posted on 9:05 am, June 15, 2016 by

Electronic invoicing is fast replacing the paper-based invoices. As a small business owner, you should use an invoicing software that allows you to create a simple yet elegant invoice. An invoice should contain all the necessary information of your company as well as the quantity purchased and the rate per quantity on the invoice. Apart from that, it should also … Read more


Tax Expensing And Depreciation Rules 2016: What Every Small Business Need To Know

Posted on 9:06 am, June 13, 2016 by

A common practice of any business irrespective of its size is the capitalization of costs of an asset that it buys. To put it in simpler terms, capitalization means the cost of an asset that is written off in the balance sheet over a number of years. Also be aware that capitalization rule is applicable on all assets regardless of … Read more


Small Business Should Revive And Motivate Their Finance Team

Posted on 5:28 am, June 7, 2016 by

As your small business grows you would be giving more attention on the operational excellence. Probably, the only team that may be left behind would be the finance team. This is the team that takes care of the cash in-flow and out-flow, forecast the spending and allots budget for the various departments. Communicate, motivate and revive the finance team by … Read more