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Important Tips for Financial Management in a Business

Invoicera

Introduction We hope that you know the importance of finance in business! “A Small Business Administration says 82% of businesses fail due to poor cash flow management or a lack of financial understanding.” Finance is a key to a business’s growth. What is Financial Management? Let’s dive in.

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10 Most Common Reasons Small Businesses Fail

Nolan Accounting Center

According to research, only about 20% of new businesses make it past the first year and, even if yours does, only about 50% make it past 5 years. There are many reasons small businesses fail and these statistics can be disheartening, whether you are just getting started or you’re an experienced business owner.

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10 Most Common Reasons Small Businesses Fail

Nolan Accounting Center

According to research, only about 20% of new businesses make it past the first year and, even if yours does, only about 50% make it past 5 years. There are many reasons small businesses fail and these statistics can be disheartening, whether you are just getting started or you’re an experienced business owner.

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Introducing our Xerocon London event partners

Xero

It’s also a chance to find out more about some of the powerful apps, tools and services from across the accounting and small business industries. The GoCardless global bank payment network and technology platform takes the pain out of getting paid for 70,000 businesses worldwide, from multinational corporations to small businesses.

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10 Eye-Opening Statistics about Small Business Finances

Less Accounting

Let’s take a peek into the state of small business finances in 2023—What are their concerns? In the United States alone, small businesses make up 99.9% of all businesses. million small business owners making a global impact. Prepare yourself and your business for a competitive Q4 by planning early.

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5 Ways You Can Optimize Your Restaurant Accounting in 2023

Outsourced Bookeeping

Add this to staffing challenges, ever-shifting food trends, customer preferences and daunting regulatory environment – a restaurant could be the most dynamic among all the business. It improves financial decision making, simplifies compliance with tax regulations, and enable smooth investor and lender relationships.

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Stay Tax-Savvy: Regional Invoicing Rules Explained

Invoicera

Introduction Are you having trouble managing regional invoicing rules for your business? In this article, we’ll discuss regional invoicing rules and best practices for businesses to manage internal invoicing. Businesses can now operate globally, enabling you to work with different companies from anywhere in the world.