The best in accounting tips & advice
Starting a business comes with a few upfront costs. However, if you are starting a digital business, the costs will be vastly different from a traditional brick-and-mortar business. So, what are the expected costs of a digital business? Establishing A Business Entity One of the first steps in starting a business is establishing a business … Read more
There can be many costs associated with a startup. From business registration fees to obtaining necessary licenses to operate your business, you’ll run into a lot of costs before you even open your doors. Below are 5 of the most common expenses every new venture faces and why you should be prepared for them. Registration … Read more
As we’ve all learned in the last few months, every industry is suffering from a lack of materials. This has been noted in the tech industry, the automotive industry and of course, in the real estate industry. Many real estate developers have cited a lack of materials as the number one reason for their lack … Read more
If you operate a successful small business, chances are you got there by tapping into a variety of resources. These resources would include operations, marketing and IT support provided by other small businesses. When it comes to accounting and how to successfully manage these services in your books, there are a few ideal ways to … Read more
A major part of establishing a business is deciding the right entity. Not only is this a requirement for most business licences and local government, different entities also lend themselves to different tax breaks. Let’s take a look at the 3 different business entities you should be familiar with. Sole Proprietorship Perhaps the most common … Read more