We all come into business to earn money. Our primary goal, when starting a business is scaling up and providing job opportunities to the world and fulfill our personal goals yet, if we were to really think about it, we would notice that in reality, it all boils down to money. We work hard, we...
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Dubai is one of the famous places to start up a business in today’s world. Dubai benefits from a strategic location at the heart of the Middle East, perfectly placed to conduct business with every corner of the globe. Country’s state-of-the-art infrastructure make it one of the most prestigious business hubs in the world. UAE...
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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...
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Companies today opt for a leaner budget where outsourcing helps them by reducing headcount. We have listed five reasons why it's better to get external assistance on accounting and tax. Cost Reduction Most companies make the error of hiring too many junior accountants for low wages and convenience. This risks them as they may not...
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Bookkeeping is the process of detailed recording of financial transactions of any business establishment. Accounting ranges wider than Bookkeeping. Accounting is a system in which a financial information of a company is classified, recorded, analyzed, summarized, and reported. Bookkeeping and accounting are entirely different in terms of their purposes. Bookkeeping or so-called recordkeeping is a...
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Life of a small business owner is no less than a juggler. As a business owner we must juggle multiple priorities - bring in business, take care of the bills, follow-up on payment to name a few. We are also the manager of our business. Accounts unfortunately gets left behind, especially if you are not...
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