Skill Sets to Develop as a Project Manager

Posted on 9:30 am, June 24, 2016 by

project-managers

Project manager is the one who involves in the planning and execution of particular project. He should be well versed in constant analytic techniques and good communication. The risk management and time management are the basic two factors that they should imply in their daily work culture. The decision that which they make should be consistent and it should help … Read more


Different Business Structures: Choose One That Suits You Best

Posted on 9:03 am, June 20, 2016 by

Deciding which business structure is suitable for you is the first big legal decision for every fairly new small business owner. Making this decision can be confusing because the type of legal structure that you choose for your enterprise can create an impact on the amount of taxes, the paperwork your venture requires, the personal liability you need to face … 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


Should Small Businesses Provide Health Insurance

Posted on 9:22 am, June 9, 2016 by

Many small business owners are not sure whether they should provide health insurance to their employees or not. It is not necessary for small businesses that have a workforce less than 50 full-time or 50-full time equivalent employees to offer health coverage to its employees. As per Affordable Care Act, it’s a mandate for small and mid-sized enterprises with 50 … 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


How To Manage Your Business Travel Expense Better?

Posted on 9:21 am, June 2, 2016 by

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Traveling to meet the client is a part of any small business and expenses incurred during the client meetings or corporate meetings are simply unavoidable. Ideally, a single client meeting outside your place of residence would include to and fro air travel, taxi journeys and overnight stay in a motel or hotel. These inevitable costs are necessary to take your … Read more


Top Features To Look For In An Expense Report Mobile App

Posted on 9:13 am, June 1, 2016 by

It’s normal for a small business owner to travel for business purposes. While on the move keeping track of the expenses can be a hassle. Thanks to the advancement in mobile technology, you can do business on the go and also keep track of all the expenses including the travel expense. Mobile expense report software is one such application that … Read more


Top Reasons Why Small Businesses Should Automate Expense Management

Posted on 6:54 am, May 31, 2016 by

“3000 hours, equivalent to 125 days or 4 months, are wasted by companies in manual generation of expense reports and correcting them” – Global Business Travel Association (GBTA) Many small business & enterprises still manage their expenses using either paper, a spreadsheet or an outdated system. Cost is one of the factors why many small businesses don’t consider upgrading to … Read more


Start A Small Business With Minimum Or No Capital

Posted on 9:11 am, May 30, 2016 by

start-small-business

Many of us may have impressive and incredible small business ideas. However, we tend to put them on hold because of lack of capital. We assume or rather presume that the formula for a successful small business should be something like this. A great business plan in place and a truckload of money to materialize the venture. However, the truth … Read more