Business Operations

Introduction Crowdfunding is not just about collecting funds; it’s about building a community, telling a compelling story, and transforming dreams into reality. It has become a game-changer for turning ideas into reality.  In 2020 alone, the global crowdfunding volumes soared past $34 billion, highlighting its massive appeal and effectiveness, as per Statista. But behind these […]

Introduction Have you ever found yourself in a frustrating loop of waiting for payments that are never on time?  It’s a common struggle among businesses—almost 60% grapple with this challenge!  But fear not!  There’s a solution: creating a foolproof accounts receivable workflow.  Now, there comes a question: how to create it? For this, we have […]

Introduction Do you also get confused when handling multiple projects and billing simultaneously? It’s not just you.  Combining billing with project management is a wise decision, but demands careful planning for a successful business journey. According to a survey by the Project Management Institute, organizations waste an average of $122 million for every $1 billion […]

Introduction The demand for precision, speed, and efficiency in financial management is more critical than ever. This is where accounting automation comes into the picture. Accounting automation tools have made a significant place in today’s digital world.  According to a recent report by McKinsey, nearly 50% of finance activities can be automated. However, with lots […]

Introduction Efficient financial management in any business stands as a cornerstone of success. Invoicing software is your future-ready solution to make this process automated, error-free, quick & efficient.  In the quest for streamlined operations, businesses often face a difficult choice: should they create their own custom invoicing solution or opt for an existing one? 67% […]

Have you ever wondered how much businesses spend annually on outdated financial tracking methods?  According to recent statistics, inefficient expense management costs businesses 5-10% of their annual budgets.  This emphasizes the critical need for advanced financial planning tools. Financial tracking software has evolved significantly, offering businesses many options tailored to their specific needs. From simplified […]

Introduction You probably come across it as an everyday challenge or have at one time experienced the experience of dreading due payments on your invoices! Managing these partial payments is not always easy and may seem like assembling a puzzle with missing pieces. Research conducted by the National Federation of Independent Business (NFIB) found that […]

Are you looking for a tool to manage your projects?  Your search ends here! Whether you are a freelancer, part of a small team, or a big organization, the right tool can make your work much more manageable. But let’s be honest – there are so many tools in the market, and it can be […]

Are you curious how those confusing numbers on food bills relate to taxes?  Understanding VAT (Value Added Tax) for food can be like cracking a secret code in the food world – it’s puzzling for most people, including those in the food business. Nowadays, VAT has a significant impact, affecting menu prices and how much […]

A strong business strategy is like the game of chess, where KPIs make every move easy.  No doubt, in this competitive world, standing out is difficult. But what if you have a business strategy that makes it possible?  Decisions that can mean the difference between thriving and merely surviving. But how can you ensure your […]

Introduction Are you finding it difficult to predict your monthly revenue? Or are you struggling to retain your existing customers and get on-time payments? If yes, you must switch to subscription-based models for long-term sustainability.  These models not only boost your revenue but also provide a sustainable path for business growth. A report by Gartner […]

Running any business comes with a lot of responsibilities. Besides strategy, execution, P&L, you need to pay attention to taxes and compliance.  Furthermore, in order to maintain good financial health, you must have an eye for detail when making tax and compliance-related decisions. In this blog post, we’ll discuss the types of business taxes, their […]