Startups are now the norm of everywhere with million-dollar ideas popping up. Most entrepreneurs think that their product is the unique one which is also the reason that most startups fail. Statistics indicate that more than 90% of startups fail
Software as a Service(SaaS) is an excellent alternative to the traditional methods of standard software installation of a business. The SaaS business model is a cloud computing solution((for example, Coworkify’s coworking space management software) offer that enables its users to
Inventory management is the art of managing and maintaining optimum inventory levels needed for production. One of the most commonly used inventory techniques is Just In Time inventory method also known as the Just In case method. Companies use this
Securing and retaining clients is the aim of every business they represent the cash flow and the growth of the company. Key account management best practices help in identifying those customers who add credibility, revenue and refer new prospects to
Key account management principles apply as soon as the initial step of building a client base is complete and when the next level of retaining them...
Accounting Methods Accounting is essential for businesses to not only know their net worth or P&L but also the revenue and the expenses. Therefore, cash balance helps in determining the current and future of the business. There are two accounting
In recent years, the field of accounting and finance has seen many technological innovations. These innovations have played an essential part in assisting finance professionals in taking a strategic and tactical course of action. One of the recent technological innovation
Accounting tips for Freelancers !! Being a freelancer is no mean feat these days as they are not only an employer but also an employee. They even need to take care of the accounting department for raising proper invoices that
Managing inventory is one of the biggest challenges for any business as a deficit or surplus of stock will affect operations. In the early 1940s, Taiichi Ohno, an industrial engineer at Toyota, came up with a smart way to manage
Cash is the lifeblood of any business, so invoicing is an integral part of the process. Gone are the days, when manual billing was prevalent. Nowadays as online invoice integration has developed so has businesses operations. Immediate disbursal of invoices
Having plans to start an online store and looking for the best platform or plugin to make your online store accessible and popular among customers? The most popular options are WooCommerce and Shopify. These platforms offer a suite of choices