Every business owner stores his financial records for future motive so that at the end of the year, he can calculate his income, the expense. ….
Insurance means safety. The role of insurance is that it pays for the events in the future. Events like accidents, economic disasters, robbery, etc. We ….
Flowchart is a diagrammatic tool that allows us to explain our point through the chart, shapes, lines, graph, styles, color, customize and so on. There ….
Before we start knowing about the best invoicing software, we will first learn about the term “Invoice”. The term invoice describes a document of commercial ….
Planning is the biggest step to start any kind of business because if we have proper business planning, then we can soon achieve business goals ….
Micro means small so microbusiness is also known as small business. This word is mostly used in the UK because there are a lot of ….
Today’s topic is related to the protection of our business “Business Contingency Plan”. The term “contingency” means any kind of happening or changes in changes. ….
Before moving forward to lending, First of all we will discuss two terms related to today’s topic. Lender: A lender is one who helps people ….
The Expanded accounting equation plays a similar role in varieties of business like a partnership, sole-proprietorship, a public or private corporation. Each business has different ….
A management fee that is charged by investment managers from the clients. This fee will compensate the investment manager for their services that have been ….
A performance bond provides or gives a guarantee to the project, that the contractor or holder of the contract will complete his work according to ….
Effective sales strategies give your business a long jump towards profits. We can develop effective sales strategies through careful evaluation of the strategies and constant ….
An auditor is a person who is appointed for another firm especially for analyzing the financial statements of the firm according to the rules of ….
Balance Sheet A Balance sheet is a concept of representing assets and liabilities on the different sides in the format of a financial statement. It ….
Under accounting terms, Creditors are a source of getting a loan in many ways such as in the form of money, credit card, goods or ….