These days, cloud accounting solutions are catching like wildfire. As the benefits of these solutions become clearer by the day, more business owners are taking advantage of cloud technology to transform their business. However, even for businesses that have made a firm commitment to move their accounting processes to the cloud, one key issue remains: …
Most criminals regardless of jurisdiction use corporate structures as the number one vehicle for disguising and moving illicit money around the financial system. The concept of beneficial ownership became popular due to this misuse of companies by criminals to hide their true identities. As a business owner, we hope by now you should be aware …
In the quest to save money by doing everything themselves, business owners and entrepreneurs may overlook certain post registration legal requirements which may haunt their companies in the future with large statutory fines and penalties. Most business start-ups are required to make tough decisions where the allocation of resources is concerned, especially if the owner …
8 Post Registration Legal Requirements for Companies Read More »
Too many businesses fail miserably, even before they reach their
first anniversary. Have you wondered why this happens? This article explains 6
reasons small businesses fail and what you should do to make sure you don’t end up
the same.
A business plan is essential to every business whether new or existing. There are many existing entrepreneurs who started their enterprises without a business plan and are doing fairly well. These entrepreneurs, therefore, believe that one does not require a business plan to be successful. However, nothing could be further from the truth. The unfortunate …