Author: Iohan Chan

There are many benefits to outsourcing backend work, the two biggest benefits are saving money and time. Say you take the leap and decide to contact a business process outsourcing (BPO) company for your financial needs, they tell you about all of their services, and now you’re stuck. Which service works best? Which is the…

n today’s competitive business landscape, small to mid-sized businesses (SMBs) are constantly seeking ways to optimize their operations and cut costs without compromising quality. One area that offers significant potential for improvement is the financial aspects of running a business. With the rise of accounting outsourcing services, SMBs can now access expert accounting services while…

It’s never too late to start getting your finances in order…unless you owe a great deal of money that you have to pay back in an incredibly short amount of time, then good luck to you. But if that situation doesn’t describe you, it’s always better to get your finances in order as early as…

Increasing your return on investment, or ROI, should be the goal of any successful company. The benefits of increasing your ROI will give you more resources for future growth. This growth can be beneficial for you and your employees as the increased assets can be reinvested in other areas, such as, opening new departments or…

Banks came from the societal necessity to safely facilitate, safeguard, and transfer currency. During ancient times, cities were often raided. Instead of allowing their treasuries to be ransacked and pillaged, people opted to have their wealth kept safe in private establishments, which later became known as banks. Before banks became a widespread institution, they were…

Being the leader at an accounting firm has many responsibilities, the most prevalent of those being to increase performance and profitability in order to grow the company. With so many tasks to do, creating or choosing a strategy to achieve either goal is tough. The following is a list of relatively easy to implement, but…

Have you ever watched a crime series on a streaming site and wondered why criminals have to launder their money before being able to spend it all? The short answer is because the money they make is illegal and being caught spending it can land them in jail. While the purpose of this article is…

Reading this will either make you understand the basics of bookkeeping and encourage you to do it yourself as a small business owner or convince you to hire someone else. Do take note that this is written for small business owners in the US, as the names and laws may vary depending on where you…