Executing a small business idea requires significant time, money, and effort. Several tasks demand your utmost attention, from creating a business model, a branding strategy, and a financial plan to devising a growth plan. While it may seem challenging to cater to the evolving customer and market trends, it’s not impossible. All you need is an […]
The accounting services industry has gained popularity in the last few years. According to the BLS, over five million accounting firms have 20 or fewer employees generating 5 million USD in revenue annually. These stats sound pretty great for aspiring professional accountants in the US and Canada. Every entity needs professional accountants to maintain and manage their books, from […]
Your core business model and planning efforts play a vital role in determining the future of your startup. The main distinguishing feature between thriving and failing small businesses is the strength of their foundation. There’s a reason more than 50% of SMEs fail in the first year after. Rushed planning, preliminary research, and unrealistic goals often lead […]
Inventory management is a critical part of a company’s productivity. Not being able to administer, predict, control, and oversee inventory-related issues and tasks leads to fulfillment inefficiencies, angry customers, and dissatisfied clients. It also results in high inventory management costs, extensive time loss, and employee fatigue. Managing inventory is about achieving the sweet spot between too […]
A Gartner study shows that the cloud market and its offerings have many potential benefits for a business and is projected to grow at a dramatic pace in the next few years. Moreover, a McAfee report shows that the construction and architectural industry is also showing an inclination toward cloud computing products like Sage CRE for all the right […]
Thanks to intelligent automation, the global finance and accounting industry gained approximately $ 512 billion in revenue in 2020, despite all odds. But it’s also interesting to note that despite the staggering numbers, only 10% of the total small businesses have deployed automated practices worldwide. This means that the growth figure is chiefly associated with the advancement and profits of […]
