You might have considered becoming an entrepreneur in today’s “Side Hustle” culture. In fact, according to the U.S. Census Bureau, nearly 4 million new businesses are opened each year. But what does it mean to become an entrepreneur? An entrepreneur, by definition, creates a new business bearing the risks and enjoying the rewards. The process
With almost 582 million entrepreneurs worldwide, there is almost an infinite amount of ways to do bookkeeping. Thankfully we have broken down 5 bookkeeping basics for entrepreneurs, so that you can find the best way to manage your business’s finances. Decide on a Method There are a couple of standard methods of bookkeeping, one of
In recent years, there has been an emergence of digital technologies to solve complex accounting problems. The solutions seek to address various aspects such as production output, cost of doing business, and return on investment. They are also helping entrepreneurs manage their businesses more efficiently. This article looks at some of the technological solutions that
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