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5 Steps to Test Your Business Idea
When you’re in business for long enough, you’ll likely come up with new ideas you want to try. Innovation is important for your company to grow, to diversify its income, …
5 Steps to Setting Up Your Business Processes for Success
When a business first starts out, it’s natural for the owner to be a jack-of-all-trades. You may not have the capital to hire specialists or access to the technology that …
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Where is the money!!
Businessmen often wonder what happens to their investment. They do keep track of money invested in the beginning but as the business grows it becomes difficult to do since investment …
Avoid These 5 Costly Accounting Mistakes
A bank recently surveyed over 500 small business owners about what they love and hate most about owning their own business. Unsurprisingly, flexibility and feeling in control ranked first in the “love” …
The Human Cost of Late Payments – Payroll Services Dubai
We talk a lot about how late payments affect businesses from a financial and operational perspective. It’s an issue that’s close to our hearts here at Xero, and it’s a …
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Bookkeeping Basics Small Business Owners
Bookkeeping Basics Small Business Owners Bookkeeping – On average, small business owners spend 10 hours each week recording, organizing, and processing financial transactions – everything from accounts receivable and payable, …
Get paid first – why your salary should be your business’s first monthly expense
It’s the line item most often left out of a small company’s budget: the business owner’s salary. Let’s face it: you can always spend cash on your business. From office …
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10 Money-Saving Tips for Freelancers
While working at home as a freelancer sounds like the ultimate dream for anyone who tires of the rat race, freelancers still have more than their fair share of financial …
VAT Administration – A Step by Step Guide
Businesses are required to do following to comply with comply with VAT Legislation Change the Invoicing template to include necessary details required by VAT law. Implement VAT Enabled accounting system …