Risk management is a process in which businesses identify, assess and treat risks that could potentially affect their business operations. Risk management is consisted with the identification, analysis, and response to risk factors that form part of the life of a business. Effective risk management means attempting to control future outcomes by acting proactively rather … Read more
We are in a period where sustainability is very crucial to the world. With the covid 19 pandemic everyone is talking about how we should get ahead after this pandemic and we constantly hear the word, ‘new normal”. According to the experts, post-pandemic, we need to build back better, and sustainability will be the key … Read more
Every business is vulnerable to fraud. That’s largely because there are so many different kinds of fraud that you don’t think will take place. Globally, organizations lose an estimated 5% of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners. It’s an employer’s worst nightmare, an employee is dissatisfied with … Read more
Zoho Books is a very user-friendly app that will help you manage your everyday business finance needs efficiently and effectively. This is a little guide on how to migrate from wave to zoho without any complication. This conversion process is for the current customers of Wave who wish to move to Zoho Books outside the … Read more
As you start your journey as an Entrepreneur, there will be a lot of challenges that you face. The first three years are the most challenging ones. To help you with this Roller Coaster of a journey of Entrepreneurship, here are 5 important things you should know: It is not about spending a lot … Read more
In present, a lot of companies use online software for accounting. These accounting software are very user friendly and effective for small businesses. One of the famous small business accounting software is QuickBooks. You can begin by creating your own company file. A QuickBooks company file contains all the financial records for your business. It’s … Read more
Dubai has one of the most famously dynamic economies in the world. As a rapidly modernizing economy, Dubai is in demand of skilled workers who can quickly produce contract work. Freelancing is becoming more common in the Dubai especially with the younger generation. So if you’d like to settle in and live in Dubai for a … Read more
In the early stage of your business, it is not necessary to have an accountant in your business. Many business owners are capable enough to move forward without an accountant up to certain point. If you can handle a basic accounting software and have some knowledge about taxes you will be good to go in … Read more
When you have a meeting with your accountant, most of you may have a problem of understanding the accounting language, he/she speaks. They might tell you that your accruals are higher in the last fiscal year. What does he mean by that? If you have the same thought process, fear not, you are not alone … Read more
2021 has started, and we all are excited for the new year. With all the challenges faced in 2020 we are all looking for a quantum leap for 2021. January is almost over so we are left with 11 more months. So, Let’s make the most out of it. To start, look at your financials … Read more
