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8 Best Invoicing Software for businesses

Generating invoices and dispatching them to customers for payments is a tedious and time-consuming process if done manually. Hence, businesses have started seeking solutions to automate labo...
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A Beginner’s Guide to the Accounting Cycle

Accurate and reliable financial information is key to making the right decisions that drive your bus...
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Creating The Perfect Invoice: What Every Small Business Owner Should Know

Entrepreneurs and company owners should familiarize themselves with the finer points of creating inv...
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7 Good Ways to Use Debt In Your Business

Many small business owners feel uneasy about taking on any debt. It makes sense — too much debt can ...
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Cash Basis Accounting vs. Accrual Basis Accounting

Cash basis accounting and accrual basis accounting are two methods used by businesses to record fina...
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Your Quick Guide to Business Structures

Once you get your business up and running, you’ll quickly discover a world of legal matters you have...
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Business Valuations: A Quick Guide

As a small business owner, you’re in a unique position. Your most valuable asset isn’t likely to be ...
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What is Fair Market Value and How Do You Calculate It?

A significant part of running a business is knowing the dollar amount your company owns in assets — ...
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How to Calculate Retained Earnings + Examples

Your business might not be profitable in its formative years, leaving you with no option but to push...
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Your Simple Guide to Debits and Credits + Examples

Most people know that debit cards let you spend out of a checking account, while credit cards let yo...
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Advantages of Using an Accounting Software

Still using a shoebox and notebook approach to accounting? Accounting software provides a way for yo...
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How to Calculate Straight Line Depreciation (Formula)

From buildings to machines, equipment and tools, every business will have one or more fixed assets l...
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What is IRS Form 1040?

As a business owner or employee in the United States, calculating, deducting, and paying tax is a ma...
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Owner’s Equity: What it is and How to Calculate it

Owner’s equity is the value you arrive at when your business’ liabilities are deducted from your bus...
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