Going by studies conducted lately, most businesses suffer significant challenges when starting, some even opting to shut down. Insufficient funding has proven to be one of the chief reasons for this reality. The process of transitioning ideas and strategies into an income-breeding project needs capital to fuel every stage. This […]
Accounting and Finance
The category Accounting and Finance on Entrepreneur Blog MenaEntrepreneur.org publishes helpful tips and ideas in the Accounting and Finance niche. Continue reading.
What Business Owners Need To Know About Financial Statements
Financial statements are increasingly important for showing stakeholders the specifics about your company that help them assess its viability. However, you may have only heard about them in passing and aren’t sure how they specifically relate to your enterprise. If so, don’t worry. It’s easy to grasp the basics of […]
Bank Reconciliations: Your Frequently Asked Questions Answered
by Jeff Heybruck, CEO, Lucrum Consulting, Inc. I often receive questions from small business owners about bank reconciliations and whether it is important they do them. Below you will find the answer to a few of the most frequently asked questions regarding bank reconciliations. What are bank reconciliations and why […]
Top 5 Tips to Prepare Financially for International Travel
It’s no secret that traveling abroad entails spending money, so it’s better if you are well-equipped to fund your itinerary. One way to have a less stressful excursion out of the country is to ensure that your finances are in order. From ensuring that your online credit card application is […]
Roth IRA Income Limits: Know Where You Fall
Investing is an essential form of making passive income, as you make your money work harder for you. The goal is to save up for retirement, which is why people tend to invest in a Roth IRA. But did you know that there are Roth IRA income limits? Here is […]
5 Ways to Finance Your Office Building
Having your own office space means more financial freedom and total control of your premises. You don’t have to stress about the chances of your lease getting renewed and the possibility of changing your business location if things don’t work. You’ll generally stay away from issues of leasing a building […]
A Review Of The Uk Banking Sector
Representatives of all five of Britain’s biggest banks have opened up and exchanged views on the state of financial services in the country. We have identified four key trends dominating the agenda of the UK’s major financial institutions: the rise of online banking, the emergence of a new generation […]
Non-Bank Loans – Why Use Alternative Lenders?
Alternative lenders are everywhere, and they’ve managed to fill a gap that traditional banks long neglected. They operate in a similar fashion to conventional banks or credit unions, but they are a bit different. Alternative lenders focus on helping small to medium enterprises and they help people who are classed […]
7 Financial Industry Trends to Expect in 2021 and Beyond
There are three kinds of financial industries: personal, corporate, and consumer. Each of them is unique and changing each day. Technology is one of the influences on each of these financial industries. Technology is changing how consumers process payments to how we understand artificial intelligence. These are only some of […]
5 Signs It’s Time You Finally Hire an Accountant
As a business owner, you have to wear many hats. At any given point, you can be the customer service representative, website designer, marketing manager, and more. One important hat you wear is that of an accountant. When you first start your business, doing your accounting is likely a simple […]
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