After conceiving your business idea the most important thing to do next is to create a business plan. A lot of business starters do not consider the need for a business plan. No matter the size of your business, planning is one of the most essential tools in running the … Read More
In the business world today many are striving to attain success especially in the face of unstable and sometimes unpredictable economy but only a few end up being successful. Some businesses fail because the business owners are not aware of some basic business tips that could make them beat all … Read More
At the heart of every successful business is a holistic budget. Understanding budgeting basics including annual revenue and expenditure projection is absolutely essential for planning and managing growth for your business. Creating a budgeting process is the most effective way to keep a business and its finances on track. … Read More
Small business owners commonly ask whether or not they should register for VAT. This is a very important question because the governments at both the Federal and State levels are currently on an aggressive tax drive to increase their revenue base. The operation of a tax law is universally administered. … Read More
What is a Tax Haven? A tax haven is actually a territory either in the form of a state or a country with relative political and economic stable environment where some forms of taxes are levied at nil rates or at very low rates and or measures are in … Read More
Just as you would not hesitate to call a professional for your plumbing job you likewise need a professional tax consultant for your tax matters, The cost of not using professionals not only means hours of additional work for you but also, could cost you more money in long-term from poorly … Read More
OUTSOURCING is a practice used by different companies to reduce costs. This is done by transferring portions of work to outside suppliers and service providers rather than completing it internally. Used properly, it is an effective cost-saving method. Areas That Could be outsourced Accounting function Payroll preparation Filing of tax returns … Read More
Starting a business is difficult; launching a start-up is even more challenging. Aside from facing the challenge of attempting to build a company from the ground up, many entrepreneurs have little prior experience in the business world. Even when they have an incredibly awesome idea, complex problems arise, such … Read More