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How technology can help older generations with personal finance
Most technology is designed to benefit everyone. Yet, certain people feel excluded from the digital age — particularly the over 60s. As tech advances, many older people struggle to keep up. The government and certain…
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How to build business credit?
The time has come to get a business loan. You did your homework; you probably looked into various financing options and lenders, informed yourself thoroughly about interest rates and payment terms. But, did you take…
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Types of loans you should know about if you own a business
There are many factors that go into owning a business. You have to effectively manage and hire new employees, look toward the future of the company, and much more. One of the most important areas…
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How to consolidate business loans with bad credit?
Financial struggles have, unfortunately, become an integral part of the modern business world, as small businesses are bound to encounter certain financial roadblocks on their climb to long-term success and solvency. While these roadblocks might…
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Importance of Accounting in Business
Are you a business owner? Do you understand accounting? Relax, most business owners aren’t accountants; they rely on skilled professionals to do the numbers for them. However, having a basic understanding of accounting terms can…
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Accounting tips for small business owners to manage their own finances
If you’re just getting started with your small business, chances are, you wear many hats. One of those hats is playing an accountant. The trouble is, most people who become their own boss don’t start…
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What is Crowdfunding? A Way to Start a Business without Risk
Starting a business requires a considerable amount of capital to get your feet off the ground. Unfortunately, acquiring this money is not always easy, and it can come with a lot of risks. There is…
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How personal finance software can help you out of debt?
You can accomplish any task even personal finance with the right equipment and know-hows. Computer applications excel in simplifying the most complex tasks. Why not use one of many financing apps to help you pay…
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5 awesome ways entrepreneurs can finance their own business ideas
Today’s world of business definitely needs young entrepreneurs who are going to bring new ideas into the field, create jobs, easily get familiarized with modern tech, and make up a fierce competition. However, no one…
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Journal Entries In Accounting: Basics
Journal is one of the most important book of account, in which business transactions are recorded systematically. In layman’s term, we can say it is a book of daily records. When a businessman completes a…
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Classification of accounts: Personal, real, and nominal
An account is a list of business transactions falling under the same description for a given period of time. A systematic and summarized record of business transactions with respect to person, property, loss, gain, income,…
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![Three Golden Rules of Accounting [Explained With Examples]](https://www.atulhost.com/wp-content/uploads/2015/09/three-golden-rules-of-accounting-416x208.jpg)
Three Golden Rules of Accounting [Explained With Examples]
In the accounting field, especially in the finance section, we are taught to create and pass the journal entries in the books of accounts. One must have knowledge of basic accounting rules in order to…