Is Public Liability Insurance Meant for Business or Professionals As Well

Why laziness comes in between securing financial losses that could happen in the coming future? Why is financial loss taken for granted in the businesses? Why are businesses unable to cover their miscellaneous expenses raised by third parties in the form of claims or medical bills? One significant possibility could be non- awareness of insurance …

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10 Financial Hiccups to Look Out for When Starting a Small Business

Pandemic or no pandemic, there are always financial challenges that new small businesses have to lookout. Still, most people dream about starting a sophisticated and profitable business based on unique ideas. In fact, new small businesses have to be more due-diligent and considerate to achieve growth. In the US, there are more than 30 million small …

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411Drives: A Company That Helps You Buy Cars Irrespective of Your Credit score

More often than not, the credit score of people stands in their way of getting a car loan for buying their dream vehicle. 411 Drives solves this problem. Since 2017, the company is trying hard to help their clients get their dream cars without considering their credit scores. From the start of your journey to …

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When‌ ‌to‌ ‌Know‌ ‌It’s‌ ‌Time‌ ‌to‌ ‌Outsource‌ ‌and‌ ‌Free‌ Your‌ ‌Time‌

Most people start businesses to improve their quality of life. The company they found offers the potential for a real purpose in life, as well as a much larger income. Sometimes, though, starting a company can go from being something positive to an activity that eats all your time. Accounting activities take up a lot …

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The Basics of Small Business Accounting

When first starting your new business, it can be very easy to overlook arguably the most important aspect: The Accounting. Whilst you may be fantastic at your profession, you may be less enthusiastic about math, or working with at first glance, complicated tax returns and expenditure logs. Unfortunately, to successfully run a business you do …

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5 Frequently Asked Questions About Journal Entry

In a world of cloud technology and automated accounting tools, creating a manual journal entry may feel like churning butter or washing your clothes in a creek. Everything was once entered into paper journals, which contained all the accounting details until they were transferred to the general ledger (also made from real paper). So, what …

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Step 1 in Preparing for Divorce: Take a Financial Assessment

Divorce filing is not the thing to be done straight after some on the spot decision. You should get a thorough preparation and do research before you pass on the divorce process itself. One of the most significant concerns is financial stability before, during, and after the divorce. No matter what way you choose to …

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A project-based learning method as a tool for effective management of technology education

Project-based learning is one of the most popular forms of work organization with students. In recent years, it has become increasingly widespread in the education system of various countries of the world. The project method is the organization of training where students acquire knowledge in the process of planning and performing practical tasks – projects. …

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Your Guide To Kickstarting Your Career In Stock Broking And Investing in 2020

At one point in time, only an exclusive set of MBA graduates working for institutional brokerages and financial companies took part in stock trading. Over the next several decades, trading became highly democratized thanks to electronic communication networks (ECNs) that handle most of the trades online. In 2020, when people are encouraging alternative, different career …

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4 Benefits of a Virtual Phone Number To Improve Your Business

If you are an entrepreneur, you must be engaged in improving the business every day. Similarly, several business owners are always willing to go the extra mile for magnifying their business. With so much going on, it becomes imperative to enhance communication with the customers. So if you have a virtual phone number for your …

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CPA’s Guide to How Currency Forward Contracts Work

Currency Forward contracts are a very useful tool for everyone who needs to exchange currency. For a CPA, who needs to manage an account of finances, this contract can be an instrument of keeping revenues and expenses at expected easily manageable levels despite FX volatility. That volatility is a major issue at the moment because …

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How to Keep Your Small Business Finance Audit Neat and Clean

Small business owners have a lot on their plate – managing the business/innovating, cash flow management, taking care of staff issues, productivity, marketing, dependence on clients and retaining them, widening the client base, quality control, safety, and personal stress. Apart from these, you also need to stay in compliance with taxation and other financial regulations …

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Enjoy Secure Investment: Things to Consider before Fixing Your Investment Deal

You can’t predict your future. A well-established business can hit the rock-bottom; you can end up losing your dream job, or you might suddenly have to take a hefty loan. All these situations can leave you financially wrecked if you don’t have a backup plan to support you financially. Even if you are financially stable …

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Tax Audits in Dubai: 5 Things All Businesses Should Know

Back on 1 January 2018, the Federal Tax Authority (FTA) of the UAE began to implement VAT value added tax (VAT) on the supply of goods and services. Set at a rate of 5%, this additional income for the government is used for the provision of high-quality public services, including policing, roads and transport services. …

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What Is Special Needs Financial Planning?

Parents of special needs children have one question that always haunts them: “After us, what?”  Their anxiety and distress are focused not just on the normal concerns of financial security for themselves as they get older. Still, it also encompasses the security of their special needs children beyond their lifetime. Additionally, they have to plan …

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ADVANTAGES OF FILING PERSONAL BANKRUPTCY

IMPORTANT FACTS THAT YOU NEED TO KNOW AND BENEFITS OF BANKRUPTCY Uninformed individuals usually cringe when hearing the term Bankruptcy.  The mere thought of going bankrupt is something that conjures up thoughts of embarrassment and fear.   Overall, people feel that they are a financial failure.  They just wonder how they could have been so financially …

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Life Insurance Facts and Statistics Across The World

Thanks to all those commercials we grow up watching on TV, we are no stranger to the term ‘life insurance’. However, what does ‘life insurance’ mean? What is Life Insurance? Life insurance acts as a form of financial protection for the beneficiary of the insured person. It is an agreement, done between the life insurance …

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Why focusing on payroll is important and 7 ways to improve it

Payroll is a critical activity in every business. Payroll experts have the responsibility of maintaining accurate records, making salary/wage payments on time as well as ensuring organizational compliance with central government rules. The current business environment is complex, rapid changes are constant and companies must focus on many aspects for a smooth payroll process. How …

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Wealth Management during Coronavirus crisis: Where to Start?

During any financial or economic crisis, finances become tight due to small and medium scale businesses being forced to shut down and lay off their employees. For single working family members that solely support their families with a single paycheck, a layoff is the last thing their family needs to push them over the financial …

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8 Effective Display Ideas You Can Apply in Your Store

How do you promote a slow-moving product in your store? The secret lies in setting up an attractive product display that will attract the attention of customers.  Retail displays play an important role in driving attention and conversions in brick-and-mortar businesses. Since humans process much information through their sense of sight, it makes sense to …

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What Are The Pros And Cons Of Having a Credit Card Against FD?

Credit score, which reflects an individual’s creditworthiness, plays a vital role when he/she approaches any financial institutions to avail a credit card from them. Financial institutions check the credit score of an applicant and then decide whether to approve an application or reject it. Thus, the importance of credit score cannot be stressed enough, and …

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How a Financial Advisor Can Help You Reach Your Monetary Goals

“Financial advisors” is an umbrella term that covers professionals who provide a variety of services including investment management, financial consultation, and wealth planning. They can help you manage your money in the most optimal manner possible. A good financial advisor will identify your monetary goals and create a plan that will help you accomplish them. …

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Why Immigrants Contribute to the Growth of Businesses in the US

Immigrants play a huge role when it comes to entrepreneurship. In the United States, for instance, while they only make 13 percent of the population, the immigrants represent 27.5 percent of all entrepreneurs. And not just in the US, immigrants contribute largely to entrepreneurship in many other nations around the world.  Immigrants contribute more to …

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What Is Custom Essay Writing Service and Guarantees That a Reliable Provider Gives

If you are looking for an essay writing service provider, you definitely want to place an order with the best company. “The best” means in our case a lot of things. However, the main things are the uniqueness of all the papers and their absolute compliance with all the requirements that you provide. In this …

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At What Point Should You Escalate Overdue Accounts Receivable?

Almost every business out there sells on credit. But not all customers who buy on credit meet their debt payment terms. That’s why, despite having attractive sales figures, many businesses suffer from sluggish cash flow. It’s not always the mistake of the customers, though. In many cases, it’s because businesses have failed to establish strong …

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How to Use A Bar Chart Trading Strategy to Make Money

There is little doubt that using a bar chart trading strategy can pay off. When traders do it well, the result is always the building of legends. This is why throughout the years, accomplished traders have sung the praise of relying on a sound bar chart strategy. Legendary trader Jesse Livermore made so much money …

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Accounting Scholarship Essay Writing Guide for Successful Grades

Accounting isn’t an easy subject. That’s why you can expect that the requirements for your essay will be high indeed. But what should you do if you cannot risk with your scholarship and still don’t have the needed knowledge, writing skills or time to write a perfect essay? In such a case, a reliable essay …

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5 New Year’s Resolutions for Small Business Owners

Every year, we make some resolutions to become a better version of ourselves. Whether it’s losing weight, hitting the gym, eating healthy, saving more spending less, reading books, etc. it’s easy to get overwhelmed and lose track of your original goal. Therefore, it is necessary to make realistic goals.  Besides personal goals, New Year is …

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Which is better, a Master’s In Accounting or ACCA?

While your penchant for numbers and accounting would have inspired you to pursue a degree in commerce or economics, the next question that arises is with respect to the higher studies to be undertaken. Given the numerous choices, one of the dilemmas students pursuing a degree in accounting or finance face is whether to pursue …

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Is It Legal to Hire Someone for Writing Essays for Accounting Students?

Many accounting students who write term papers on their own simply do not understand what is the difference between those projects that they wrote themselves and received high marks, and those that are purchased. We are ready to show with a few examples of what the difference is between professionally written works and those that …

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5 Tips To Help Decrease The Brain Pain of Accounting

Lets face it, unless you’re a total number nerd, you’re unlikely to get excited about accounting.  Even when it’s your own business, the prospect of sitting down to do the books is rarely exciting – it is, however, necessary.  Keeping on top of your business finances will not only let you know how things stand …

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Cash-Basis vs Accrual Accounting

Cash-Basis v/s Accrual Accounting – Essential Aspects To Consider Before Choosing Accounting is an essential aspect of any business. There are primarily three methods of accounting – Cash basis, accrual accounting and modified cash-basis, and each method has its pros and cons in application. The two accounting methods that have a major difference in their …

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7 Best Benefits of Studying the Business Administration Career

Companies are everywhere and, in some ways, they can be said to allow the continuity of life as we know it. These create jobs and stimulate the economy on which we depend. With that in mind, choosing the Business Administration career gives you great opportunities. Do you want to know what your benefits are? No problem! …

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Learn To Write A Financial Report For Your Business

Of the documents that are generated inside a company, the financial report is undoubtedly one of the most important. Thanks to him we can know nothing more and nothing less than the financial status of a business in a previously determined period. The funny thing is that, despite having as much importance for the present …

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