Tag

Financial budget
bookkeeping
Bookkeeping is an understated yet crucial part of accounting and financial management. The role of bookkeeping is to record the financial transactions of a business. It is the stepping stone to making informed decisions regarding the sustainability and scalability of a business. That is why the former CEO and founder of Visa, Dee Ward Hock,...
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Due Diligence
The famous entrepreneur of the 17th century, William Penn, mentioned diligence and patience as the two qualities which like faith, can move mountains. Diligence is not a new concept, but lately, its significance in the business world is more recognised. So, what is due diligence? It is an extensive appraisal of the different aspects of...
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Budget
The Indian government, in its union budget for 2022-2023, has laid a roadmap to bring stability and technological development to the Indian industry. So that domestic companies may have a competitive advantage to compete globally. The budget has provided incentives to startups so that they grow, flourish and create sustainable business development that benefits the...
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GST
The fear of a new variant of Covid-19- Omicron, and the rising cases of infections and deaths, has affected the Indian economy to a great extent. The government is always trying to ease and provide relief to its citizens. One way of providing this relief is by extending the deadlines for filing various compliances like...
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featured
Staying on top of finances is the primary reason for business success. Successful businesses are well aware that in order to grow financially and have smooth business operations they need professional bookkeepers and accountants to manage their finances.  As business keeps growing, the number of customers, suppliers, employees, and other stakeholders also increases and it...
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Money is the lifeline of an entity. Using the available finances/funds carefully and wisely by having a proper account of the inflows and outflows is highly important for any business to thrive. A. What is financial discipline? To put it simply it is taking control of the money and channeling the spending towards the monetary...
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budget planning
A budget is a plan that uses the scarce resources that are available to the organization to attain the firm’s objectives. It not only plans the use of resources but also acts as a tool that helps management to anticipate future results and take corrective measures when needed. Thus, it requires proper control so that...
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Budget Finance
Estimating a financial budget for a small business or evaluating the costs involved to set up and run a start-up company is crucial. As a start-up entrepreneur or a small business owner, you may have limited funds and lesser investment options. Hence, there is no doubt that creating a financial budget for your small business...
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