Financial Aspects of Being Self Employed If you are considering starting up your own business then self-employed can be a great way of going about it. The definition of self-employed can be a little unclear though. Many people think that they are working for themselves when in reality it’s often just the case of being …
Using QuickBooks to Manage Your Ecommerce Business
Ecommerce Business QuickBooks is a very popular tool for bookkeeping. It provides accountants with the tools they need to keep track of their finances and can help to ensure that you do not run into any mistakes while working towards meeting your business goals. The QuickBooks Online training course from QuickBooks is designed to be …
The nuances of article writing
A proven fact, article writing and marketing are a free way to spread the word and thus traffic to your website or blog. Traffic, as all internet marketers know, is the lifeblood of your web business. You may have the most beautiful website in the world complete with intricate Flash integration and dazzling graphics to …
Facebook Business Page Setup … The Fastest Way To Boost Your Business Growth!
According to Facebook, there are more than 2.5 billion monthly users. Facebook is the largest social network in the WORLD! In fact, 85% of consumers trust reviews posted online as much as they do personal recommendations according to Bright Local. And that it takes seven read reviews before a customer trusts a company. Additionally, in …
From Tourist Attraction to Employment Hub: How Australia Became a Favorite Immigrant Nation
Just a decade ago, Australia was nothing more than a popular tourist attraction. Reviews claim that this nation is a land of astonishing contrasts and spectacular beauty. With places of heavenly beauty like the Sydney Opera House and the Great Barrier Reef, Australia has always been one of the top-rated tourist spots in the world. …
Is the balance sheet more important than the income statement?
Before answering this question, I’ll walk you through common perceptions of the income statement versus the balance sheet, as well as recent developments in International Financial Reporting Standards (IFRS). The income statement provides a summary of the income and expenses of an organization during a particular period. Historically, this was the first report that the …
How to read a balance sheet
Reading or analyzing your balance sheet can seem a bit intimidating, as if it is something that stock analysts and bank managers do. I would like to bring it much closer to you and help you become familiar with it so that you can use it as one of your business tools. Preparation of accurate …
What You Need To Know About Payroll Protection Program (PPP) Loan Forgiveness
Suppose you have been following the news about the Corona Virus Aid Relief and Economic Security Act (CARES). In that case, you would have known that the government allocated a significant portion of the money to the Payroll / Paycheck Protection Program (PPP). The PPP is intended to support companies that cannot function to support …
International financial reporting standards – IFRS – By US companies
The adoption of International Financial Reporting Standards (IFRS) by US companies will change the role of financial professionals. On November 14, 2008, the SEC published its proposed roadmap for the adoption of IFRS in the US, thus affirming the SEC’s focus on moving towards global accounting standards. In the Roadmap, the SEC did not set …
The 5 best iPhone apps for choosing a restaurant
Long ago, before iPhones existed, if you and your friends wanted to go out to eat, there was a whole ritual involved. They called each other on their “dumb” phones, had a full conversation about who’s hungry for what, and then called each other with restaurant suggestions. Then everyone would call each other with competitive …