Innovation in the 21st century is at an all-time high. One simple look around us speaks volumes to the progress humanity has made in the last two decades. With technological advancement embedded into every facet of life, the accounting profession is no exemption. Accounting has undergone a drastic change over the past decade, thanks to

Bookkeepers are a necessity for any business today, and prudent business owners consider hiring one when their company reaches a certain size. There are a host of benefits to hiring a bookkeeper, but it can be difficult to know exactly what kind of person and service you should be looking for. These 5 fundamental questions

With the advent of technology, business practices have changed significantly. Today, even a small business can have employees worldwide, all working as a well-oiled machine. To somebody from just 20 years ago, this would be a life-changing revelation. This ability to have talent from all around the world pitch into your business is exactly what

Remote work and remote staffing are not novel concepts – not at least in the United States that represents a centuries-long history of multi-ethnic struggle to build an economic and technological infrastructure that remains unprecedented and unwitnessed to date. What Is Remote Work? According to Gartner, remote work, which is also referred to as work

The saying “The customer is always right” still holds weight today. However, its true meaning has long been lost. Businesses in 2022 have become obsessed with the idea of trying to please their customers. They neglect basic customer etiquette in favor of trying to charm customers with free coupons or giveaways and end up losing

Commuting to offices each day was the norm in the past, and WFH used to be an exception. While WFH was somewhat prevalent in the IT industry in the pre-COVID era as well, it was absent in the accounting industry. However, the outbreak of the global pandemic in the form of COVID and the Great

When managing any business, there are a number of key variables to calculate and monitor Finance is a core pillar of the business that needs to be managed successfully. Usually, we see that finance is not an easy area for management. One way to manage your finance successfully is to perform a ratio analysis. If

Making a list of the 10 most profitable businesses for the year is a rather bold task, as many unpredictable variables may make some businesses less lucrative than others. Despite that, there are still trends and patterns that we can use to create a rough approximation of the most profitable businesses to start in 2023.