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Business conditions are changing and outsourcing is on the rise. Today’s business owners are facing greater expectations when it comes to financial transparency and government compliance. All too often, businesses are juggling day-to-day responsibilities alongside more complex and time-consuming tasks such as finance, accounting, compliance, internal audit, and risk management. They are simply trying to [...]
Almost all startups – whether they are in major hubs like Silicon Valley, Boston or New York or less metropolitan areas like Kansas City, Mo. – face the same problem. Every Wednesday morning, I sit in 1 Million Cups Kansas City, an educational program where startups pitch their companies to other entrepreneurs and community members for feedback, [...]
The balance sheet is an indispensable tool for businesses of all sizes. At a glance, the balance sheet provides a snapshot of the company's financial health. Arguably, the balance sheet is the most important of the three major financial statements, the other two being the income and cash flow statements. Learning how to read a [...]
Running a small business is a very rewarding but often stressful experience for every entrepreneur. Keeping up with the company’s finances is a task that doesn’t always cross an owner’s mind when first forming the business, but often, it becomes a huge part of their everyday jobs.This demand can be greatly minimized by incorporating a [...]
Business owners can calculate their insurance expenses by using budgeting software to find the best plans for themselves and their employees.
