Nowadays, it is much easier to gain financial support for an idea than ever before. If you have an invention you believe in and the only thing you need is money to develop it before you can put it on the market, crowdfunding could be your best option. How does crowdfunding work? Is it possible …
In the first financial year, founders usually have fewer world-shaping plans: to keep it going, get rid of the debts as quickly as possible, and keep the business alive. Once the revenue streams have been established, owners can start working on growing the company: either by opening another branch, expanding to new markets, or broadening …
Everyone starts small in the business world, but ideally, companies grow and expand with time. In many cases, businesses require extra funding to support expansion, and there are many situations when taking a loan is the cheapest option. The low revenue generation capabilities of small businesses, the lack of many years of historical data and …
Nowadays, crypto is becoming more and more popular, mainly because it is being accepted by an increasing amount of companies and businesses. Most people have an idea of what it actually is and how it works, but questions may arise – especially if you have a business and are thinking about accepting crypto as payment. …
Cryptocurrency accounting is a growing and complex area of the accounting industry, so it’s essential for all cryptocurrency users to be aware of how their cryptocurrencies need to be accounted for in their business as well as classified on financial statements. Our guide will help you understand cryptocurrency accounting basics like: – How cryptocurrencies …
Cryptocurrency Accounting: How to Account for Crypto on Taxes and Financial Statements Read More »
More and more entrepreneurs are taking the leap into business ownership, but with no previous accounting knowledge. This can lead to many challenges and roadblocks in the future, as well as a lack of financial leadership. It’s essential to start your business the right way and ensure you’re making the right decisions to grow your …
Accounting & Entrepreneurship: Small Business Challenges and Your Key to Success Read More »
