March 2019

March 5, 2019

Understanding Inventory Control

Inventory management is a systematic approach to obtaining, storing, and profiting from non-capital assets (raw materials and finished goods). The right stock, at the right levels, in the right place, at the right time, and at the right cost.

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Reclaim Your Creative Confidence

Most people are born creative. As children, we revel in imaginary play, ask outlandish questions, draw blobs and call them dinosaurs. But over time, because of socialization and formal education, a lot of us start to stifle those impulses.

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Invoicing Mistakes That Most Startups Make

Invoicing isn’t an assignment that gives much incitement or energy, it’s an errand that gives a consistent stream of salary. It is essentially insufficient to convey records to your clients. Following up should be an innate piece of the procedure.

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What Are Fixed Assets & How To Account For Them

Companies acquire fixed assets as long-term tangible property. These assets are used in daily business operations to generate income for the business. Often referred to as the ‘capital’ of the business, they include items such as machinery and plant equipment.

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March 5, 2019

10 Cashflow Mistakes That Can Kill Your Business

Small business owners are often overloaded with tons of activities revolving around their business, and they have very little time left for managing cash flows or scratching their heads on company’s finances.

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March 5, 2019

How To Calculate Depreciation In Your Business

A business that owns capital assets such as real estate, vehicles, equipment and furniture must calculate depreciation expense on those assets in order to deduct the cost of the assets. According to the IRS tax code, capital assets like equipment.

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