Get ready to discover the secrets of financial success and your peace of mind! Do I Need An Accountant for My Small Business? We at Expertise Accelerated always recommend small businesses have an accountant as soon as they can afford one. The benefits of accounting and bookkeeping for small businesses outweigh its price and other
As the old saying goes, “Practice makes perfect.”, this applies doubly so in the post-Covid business landscape. For, moments of learning only come forth in times of adversity, and the business world at large learned a great lesson on the fragility of businesses as of the past few decades, especially the last 4 years, after
Fraud is one of the most heinous offenses that can be done against a business. Unfortunately, there has been an uptick in the amount of malicious fraudulent actors in the business landscape in the past two years. As reported by PwC in their Global Economic Crime and Fraud Survey 2022, 51% of surveyed organizations have
Artificial Intelligence (AI) has taken the world by storm with the advent of ChatGPT at the tail-end of 2022. However, while AI has been around for a very long time and is part and parcel of our daily lives in all sorts of ways, the mainstream consciousness toward the true potential of AI has only
Let’s face it. Working in any of the big four accounting firms is like the pinnacle of success in the accounting field. It’s every accounting student’s dream. However, it isn’t that easy. We all know how fierce the competition is. Thousands of bright, talented individuals vie for limited positions in these prestigious firms. The following
E-commerce has revolutionized how we do business; and for better or worse, it’s here to stay. As reported by Entrepreneur.com, being one of the fastest-growing industries in the world today, E-commerce has garnered quite a reputation for itself as an industry with a shallow bar for entry while offering substantial profit potential. Today, all you
Diversification is key to success. This principle applies not only to your product portfolio, but also to your income streams. Diversifying your income can help to mitigate risks and provide stability, which is especially important in the constantly changing world of business. Income diversification is especially important in today’s recessionary environment. Recessions can lead to
Forecasting, demand planning, supply planning, execution – sounds like a perfectly planned heist, right? Well, in the business world, it’s not about stealing but rather satisfying your customers’ cravings. And just like any successful heist, a comprehensive demand and supply planning guide is necessary to pull it off. So, let’s put on our black turtlenecks,
Entrepreneurs beware! While outsourced accounting may seem like the ultimate solution to all your accounting woes, it is not without its share of risks and dangers. Outsourced accounting has become one of the most coveted alternatives to an in-house accountant in the US. According to a 2019 report by Clutch, 37% of small businesses in
CPG companies hold the power to shape consumer behavior and preferences while constantly adapting to the ever-changing market trends and demands, making them a fascinating and dynamic force in the business world. Money makes the world go round, but for CPG companies, the insights they derive from financial analytics are driving their success. From predicting