Archives for July 2013

Personal Finance: Why Only You Should Manage Your Money

As a healthy adult, do you wait for someone to spoon feed you when you are hungry? I bet your answer to the question will be no. So why then do you unduly rely on other people to take care of your personal finance? The standard reason given by many is that they lack the […]

How healthy is your finance as a small business?

Whenever the issue of health is mentioned, peoples mind quickly reflect on diseases that affects human body. Well, in as much as this is a natural response, the fact still remains that our finances can be sick and can be in a very bad state of health if we fail to keep an eye on […]

ONLINE ACCOUNTING DEGREE | A VALUABLE QUALIFICATION TO OBTAIN

Getting business and accounting degrees online has been fully embraced by many in recent years. Traditional universities and business schools now offer one form of internet accountancy program or the other. This new development is made possible by the massive improvement in technology that we have experienced in the last two decades. There are various […]

WHO IS AN INVESTOR?

An investor is someone who has access to extra resources that can be put into a venture with the hope of making extra returns. Notice that he or she must not necessarily own the money that will be used for the investment. An investor understands the importance of investing in the development of an economy. […]

BENEFITS OF ENTERPRISE RESOURCE PLANNING (ERP)

Businesses over the last three decades have benefited from the deployment and use of enterprise resource planning software. Enterprise resource planning software (ERP) has revolutionised the way that processes with a business entity are handled. The idea of having an end-to-end work flow made it possible back-office, front office and highway office (online) to be […]

WHAT IS SOCIAL AUDIT?

Business social intelligence and social analytics tools are constantly shaping the way that businesses relate with its environment. One of the fundamental success factors in this hyper competitive business environment is the ability of a company to be social and socially responsible. Social audit is the totality of a well planned activities performed by a […]

DUTIES AND RESPONSIBILITY PUBLIC ACCOUNTANTS IN AMERICAN SMALL BUSINESSES

Accountants in our modern society have repositioned themselves in such a way that the importance of accountants in the overall success of small businesses is becoming more glaring as the day passes. Gone are the days when the duties and responsibilities of accountants are confined to rambling with papers filled with outdated figures. Nowadays, accountants […]

MARKETING FOR ACCOUNTANTS | HOW TO BECOME AN ACCOUNTING ENTREPRENEUR

Marketing your accountancy expertise can quickly become frustrating if you are not equipped with the right skill sets to effectively and efficiently market your accounting firm. Although marketing as a course is included in the curricular of most accounting degrees, the content of the courses are tailored towards generic marketing strategy rather than helping potential […]

FUNDAMENTALS OF BUSINESS ANALYSIS

Understanding the fundamentals of business analysis is the foundation that every business analysts should strive to lay on a solid ground. Business analysts are professionals working towards improving existing and potential processes in a given organization. A business analyst can be called in at any point in the business process journey to offer invaluable insightful […]

WHAT IS BUSINESS TURNAROUND | MEANING AND PROCESS

Business turnaround involves reviving a struggling or probably a dying business. This implies taking steps that would turn a company’s distressed financial position into a healthy and profitable one. It is widely believed that business turnaround is a short term action designed to ease short term financial difficulty. A company that struggles to meet up […]

HOW TO MANAGE A SMALL BUSINESS WITHOUT STRESS

Over 85% of small businesses fail within the first 5 years of setting them up. The simple reason behind this high rate of small business failure is the fact many entrepreneur do not know how to manage small businesses without stress. Before you start developing that brilliant idea of yours into a small business, it […]

THE IMPORTANCE OF HAVING A FIXED ASSET REGISTERS

The importance of fixed asset register in an organization cannot be over emphasized. You simply lose sight of your valuable asset if there is no well organised register of your fixed asset. This article briefly discussed some importance of having a working fixed assets register in your small business. FIVE IMPORTANCE AND BENEFITS OF FIXED […]

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