The first step in starting a company after graduating is financing the business. There are several ways to finance a company, including personal savings, loans or borrowing money from a parent. You probably won't have enough credit built up to get a loan. However, if you write a detailed business plan about your products, target [...]
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Telecommuting, also referred to as teleworking, is one of the fastest growing trends in today’s business world. The number of employees performing some or all of their work at home grew from 41 million in 2003 to 44 million in 2004. Workers looking to capitalize on this trend are entering the world of telecommuting through [...]
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Management analysts, or management consultants, are expected to see more than a 27% increase in job openings through the year 2014, according to the Bureau of Labor Statistics. As of 2004, there were already 605,000 workers in the management analyst field. Enrolling in a campus or online management degree program is a promising way to [...]
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New businesses have about a 50/50 chance of surviving over the course of 5 years, says Brian Head, economist with the Small Business Administration Office of Advocacy. According to BusinessKnow-How.com, poor management ranks second on a list of top 7 reasons why new businesses fail. Professionals who are serious about increasing their chances of success [...]
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In 2005, experts predicted the apparel industry in Macedonia to be nonexistent over the course of 5 years. As one of the most prominent industries of the country, the U.S. Agency for International Development (USAID) stepped in to implement an e-Biz Project that ultimately revived the industry and saved thousands of jobs. Exciting international assignments, [...]
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The United States Small Business Administration is responsible for allocating funds, through agency loans and grants, to specific business and community purposes. These purposes include aid to disadvantaged and minority businesses, women-owned businesses, and community improvement. The all branches of the Small Business Administration oversees this process for all states as well as their regions [...]
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Outsourcing. Here is a business buzzword for the new millennium that brings hope to the beleaguered small businessman and strikes fear into national economists. At the small business level, it means turning to outside specialists. At the national level, it means tens of thousands of jobs moving offshore to other countries. For years small businesses [...]
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The United States Small Business Administration offers numerous federal grants programs through departments and committees that have been assigned to award funds by the United States government according to specific purposes. The Small Business Administration (SBA) has been appointed by the United States government to oversee these committees and allocate the funds that these departments [...]
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At the local level, there are three types of accounting practices. There are CPAs, or Certified Public Accountants, there are EAs, an acronym for Enrolled Agent, and there are people with accounting expertise but no certification who handle outsourced accounting and bookkeeping for local businesses. CPAs are registered with and certified by the state in [...]
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If we start at the beginning of an Accounting business, a discussion of the basic terminology that flows through the business is probably in order. Definitions for ledger sheets, the language of the business, the pieces that make an accounting system fit together – it helps to be conversant in the language of the trade [...]
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A new accounting business can go in a number of directions. Tax preparation is the big, once-a- year business opportunity for an accounting firm. Many small accounting firms – one to five person shops – will work twelve hour days, and even longer through March to mid-April during tax season. For some, it’s probably like [...]
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