Cost Management – All you need to Know
Products/services have to be priced right; it cannot be too high to lose clients and cannot be too low to lose profits. Thus, cost management is a vital business aspect that helps businesses to price their goods and services. For continuous business operations, companies have to monitor costs closely and find innovative solutions to optimize […]
Why Should One Appoint A Virtual CFO?
Businesses are facing a complex and dynamic commercial environment. Not just the current pandemic situation, but markets are shifting each year with an agenda to find newer business models. The subsequent goal is to find cost-effective, extra-productive, and insightful results. One such initiative made by accounting companies is the expansion of virtual CFO services. The […]
Steps to Effective Third-Party Due Diligence
Due Diligence is an exercise of care, carried out before entering into an agreement, business venture, mergers, and acquisitions, etc. Due- Diligence is also interchangeably used for investigation, audit, or performance review. It is a very comprehensive process requiring experienced professionals who make a detailed study of the organization’s objectives, culture, management, processes, people, resources, […]
Why Hire a “Virtual Accountant”, instead of full-time employee?
Having an on-site bookkeeper who handles accounts at your office is an old idea. Most people these days opt for virtual bookkeeper, or virtual accounting and bookkeeping services which are as effective as having an on-site accountant and provide many additional benefits. A Virtual Accountant is a consultant who is available to provide solutions to all your […]
The ABC’s of Outsourcing for Start-Up’s: Accounting, Bookkeeping& Chief Financial Officer Services
As a startup firm learning which financial services you will need to run your business smoothly is essential. Understand that even startup companies need a lot of backing to maintain their finance. Such as financial advisory services, banking assistance, taxation advise accounting, and bookkeeping services among others. The recent trend among startup companies is to […]
Role of Virtual CFO in an SME
CFO vs VCFO: A Chief Financial Officer (CFO) as the name suggests plays a very significant role in managing the firm’s income and expenses, he is responsible for making various decisions related to investments, financial planning, tracking cash flows, taxes, etc. Thus, a CFO’s role is very significant in an organization and he is one […]
“Revealing the Benefits of Startup Registration in India”
“Revealing the Benefits of Startup Registration in India” In recent years, India has developed as a hotbed for startup development, cultivating a vibrant entrepreneurial environment that attracts talents from all corners of the globe. With its burgeoning economy and supportive policies, India offers a conducive environment for startups to flourish and thrive. One crucial step […]
Why is India the best place to outsource accounting services?
Managing the financial aspects is a crucial operation for any type of business or commercial entity. Businesses need to account and track incomes and expenses consistently to analyze the financial standing of the company. Through accounting and bookkeeping, companies can create accurate financial reports, check the efficiency of their operations, and analyze where improvements are […]
Mistakes to avoid while filing an Income Tax Return (ITR’s)
Mistakes to avoid while filing an income tax return Filing income tax returns can be stressful. In the midst of it all, managing work along with filing returns can lead you to miss out on a few details and wrong details happen to get filed. The situation, even though not ideal, is natural to […]
Tax Planning and Strategies for Business
Tax planning and strategies for business Corporate or Business tax planning is not well understood by many individuals. This blog post will help you to provide an in-depth clarity about tax planning, various strategies to acquire, its importance and how it can enhance your business performance. Tax Planning DefinitionTax planning is a comprehensive analysis of […]