5 Differences Between Tangible and Intangible Assets A generalized definition of an “asset” is a useful or valuable thing, person, or quality. In the business world, assets can appear in the form of property owned by an organization, a tangible building or computer,...
Why Your VC Firm Should Use Outsourced Accounting Services A venture capital (VC) firm is an engine of economic growth. With a never-ending stream of potential moonshots on the horizon, the spigot of the VC deal pipeline must constantly stay engaged and...
Why the Outsourcing of Financial Services is Gaining Traction Outsourcing is on the rise. Digitalism had already accelerated the adoption of this business practice, moving it from a purely cost-saving measure to an integral aspect of a modern...
When to Hire a Tax Attorney Versus an Accountant? Keeping a small business on good financial footing can be harder than it seems. As a business owner, you need to learn how to handle the financial problems that come your way. Dealing with tax problems...
Is QuickBooks the Best Accounting Software for Small Businesses? While many factors contribute to a startup’s growth, few activities are as essential as bookkeeping. If business owners want to thrive despite exigent market circumstances and mounting competition, they...
What Is Petty Cash? How Should My Business Use It? The world is moving toward a cashless society. And with the rise of fintech—mobile apps, digital wallets, and various electronic payment methods—some economists would argue that it is already...
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