The Startup Magazine

DECEMBER 27, 2020

Getting companies to pay invoices can be hard sometimes, especially if they’re a large multi-faceted client with multiple departments and teams of people to work through when you’re trying to square off your outstanding accounts receivables. With that in mind, here are 5 smart ways to reduce outstanding accounts receivables!

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YoungUpstarts

MARCH 4, 2019

If this is your first year (or one of your first years) running a business, the nuances of the accounting process may initially be quite overwhelming. Accounting can sometimes be very counterintuitive and it is especially important that you pay attention to the finer details. or outsourcing these functions to an accounting specialist.

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Balance Sheet Software Review Equity Cofounder 172

YoungUpstarts

MARCH 18, 2024

by Rio Miner, Head of Intelligence, Refine Intelligence Small businesses have been increasingly finding that their banks are closing their accounts unexpectedly and with little to no explanation. All of a sudden, everyday transactions halt leaving owners stranded and confused.

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Women Entrepreneurs Can

FEBRUARY 27, 2024

However, the significance of often-overlooked tasks like managed accounts receivable cannot be underestimated. Neglecting accounts receivable processes can result in substantial losses for organizations. In failing to prioritize accounts receivable, businesses squander the efforts of their marketing and sales teams.

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ConversionXL

JUNE 2, 2022

Account-based marketing (ABM) and lead generation both offer a way to do this. Account-based marketing is a team sport. ABM is a company-wide strategic approach to finding and converting specific accounts that add long-term value to your business, both financially and through industry standing and pulling power. The result?

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YoungUpstarts

DECEMBER 16, 2019

As accounting becomes more complex, you may overlook the broader financial trends and areas of opportunity for your business. Working with an accounting professional can help you to save valuable time, avoid costly mistakes with taxes and compliance, and capitalize on the insights in your financial records.

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Startup Professionals Musings

JANUARY 26, 2022

As an advisor to business executives and owners, I often hear discussions about employee accountability , almost always focusing on the negative. I would challenge you to look at accountability from a more positive perspective, as I see in a new book, “ Uncommon Accountability ,” by Brian P. Moran and Michael Lennington.

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Leadership Social Network Metrics Employee 362

Board Effect

FEBRUARY 8, 2021

The board is also accountable for setting the long-term direction of the organization and ensuring sustainability. Why is accountability important in the healthcare industry? The Importance of Healthcare Board Accountability. Areas of Responsibility and Accountability for Healthcare Boards. Strategic Planning.

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YoungUpstarts

SEPTEMBER 4, 2013

Behind every successful entrepreneur is an excellent accountant – a natural number cruncher carrying a passion for payroll. With their assorted accountancy knowledge they help keep businesses afloat, but unfortunately like everything in life their expertise comes at price. Keep your accounts separate.

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Our Own Start-up

JANUARY 24, 2022

Accounting software improves the convenience, speed, accuracy of a company's accounting process. Here are the advantages & disadvantages of accounting software. The post Advantages and Disadvantages of Accounting Software first appeared on Our Own Startup.

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Startup Professionals Musings

JUNE 5, 2023

Maybe it’s just me, but I sometimes feel that accountability is a rare talent in business today. As an investor and advisor to entrepreneurs, I see accountability, or lack of it, as an override to even the best idea. Team members can’t be accountable unless they know what is expected of them, and they understand how to deliver.

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Startup Professionals Musings

JANUARY 2, 2021

Are you often frustrated that people reporting to you, or key peers, seem to dodge accountability for their actions? Perhaps you need to do more to be a role model for accountability , and provide more coaching on exactly what it means. It’s hard to find accountability in a culture where everyone waits to be “assigned” a task.

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Startup Professionals Musings

NOVEMBER 10, 2021

If you are frustrated by a lack of accountability in your workplace, you are not alone. Accountability is all about taking responsibility for getting things done as expected, without excuses. Low accountability leads to mistrust, low morale, and a toxic office culture. Delegate control commensurate with accountability.

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YoungUpstarts

NOVEMBER 25, 2012

Therefore you need accounting software that reflects an effective and efficient business – meaning, you’re going to have to upgrade from that spreadsheet. Accounting doesn’t have to be an arduous task. How does online accounting software work? The benefits of an online business accounting solution: Real time, anytime.

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The Startup Magazine

OCTOBER 25, 2020

This is why it’s a good idea to work with an accountant. Here are some of the benefits of working with an accountant to help you with concerns about your business taxes: Gets Business Taxes Done Accurately. The first reason to hire an accountant is the ease and accuracy of doing your business’ taxes.

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YoungUpstarts

APRIL 25, 2022

Proper accounting is important for your business. Having a proper accounting system will ensure that your business progresses positively. The post The Importance Of Accounting In Business appeared first on Young Upstarts.

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Up and Running

AUGUST 22, 2014

If you don’t handle your business accounts correctly, you might be headed for trouble. Accounting is a significant part of any business endeavor and is not as easy as adding and subtracting. Small businesses often think of handling their own accounting to save money—but this may not be the best idea.

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YoungUpstarts

AUGUST 31, 2022

Just started up and trying to make sense of the whole accounting process for your startup? Here is a practical guide to accounting for startups. The post A Complete Guide To Accounting For Startups appeared first on Young Upstarts.

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YoungUpstarts

NOVEMBER 30, 2021

A checking account is a savings account held at a bank or a credit union. It is a type of transactional account, and holds the money for the purposes of paying bills and making deposits. The post Checking Account: A Detailed Guide appeared first on Young Upstarts.

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The Startup Magazine

JULY 1, 2019

With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. In this guide, you’ll learn the various affordable accountancy solutions available for startups. Accounting Software. So, why would you need an accountant?

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YoungUpstarts

JUNE 10, 2022

Reconciliation in accounting is where you can compare financial documentation and transactions together to see if there are any discrepancies in the data. The post Why Is Reconciliation Important In Accounting? appeared first on Young Upstarts.

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Finance 241

YoungUpstarts

JANUARY 29, 2016

The efficiency of your accounts payable department can have a significant impact on your business’s financial stability and reputation among clients and vendors. However, even the most talented accounts payable team can present inefficiencies that cost your business unnecessary time and money. Eliminate bottlenecks and delays.

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Startup Professionals Musings

SEPTEMBER 12, 2020

Maybe it’s just me, but I sometimes feel that accountability is a rare talent in business today. As an investor and advisor to entrepreneurs, I see accountability, or lack of it, as an override to even the best idea. Team members can’t be accountable unless they know what is expected of them, and they understand how to deliver.

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YoungUpstarts

SEPTEMBER 26, 2022

Working with an outsourcing company specializing in accounting services lets you handle all your bookkeeping tasks in a timely and cost-efficient manner. The post 5 Benefits Of Outsourcing Accounting Services For Your Business appeared first on Young Upstarts.

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YoungUpstarts

NOVEMBER 4, 2021

Accountable leadership is the foundation of exceptional leadership. Leaders who embrace the three habits of personal accountability will be able to respond to their critics with integrity and make it easier for those they lead to take more accountability for problems and their solutions. The post What Is An Accountable Leader?

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YoungUpstarts

NOVEMBER 5, 2022

The post Securing An Email Tech Support Merchant Account appeared first on Young Upstarts. In order to launch a new online email tech support business, you need hard work, consistency, and a way to mitigate your risks.

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YoungUpstarts

MARCH 16, 2022

When digitizing your accounting practice, you need accounting software with the right kind of features that accountants need to maximise productivity. The post 4 Kinds Of Software That Accountants Need appeared first on Young Upstarts.

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YoungUpstarts

APRIL 26, 2022

If your business has grown to a point where you need to hire an accountant, it is vital to ensure that you have the right expert. The post Tips For Choosing A Qualified Accountant appeared first on Young Upstarts.

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Hiring Finance 235

YoungUpstarts

AUGUST 9, 2018

by Krystal Russell, CPA at LYFE Accounting. Included in this list is the role of accountant. Unfortunately, most small business owners are not accountants and find themselves neglecting this function completely. However, accounting is one area of your business you shouldn’t ignore. Manages Cash Flow. Identifies Trends.

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YoungUpstarts

AUGUST 23, 2021

Accounting systems have revolutionized businesses by making accounting operations significantly more efficient, automated, and seamless. The post How Accounting Software In UK Have Revolutionized Businesses appeared first on Young Upstarts.

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YoungUpstarts

JANUARY 7, 2014

by Julie Miller and Brian Bedford, co-authors of “ Culture Without Accountability: WTF? Yet you know if you don’t start holding yourself and your employees accountable for these little things, they’ll eventually lead to bigger, more damaging sins. Accountability. You can’t create an accountable organization in passing.

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Leadership Employee Metrics Hiring 145

YoungUpstarts

JULY 27, 2021

Starting an accounting firm is just as challenging as starting any other business. The post How To Start An Accounting Firm Successfully appeared first on Young Upstarts. Many factors must be considered when determining how to start one.

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YoungUpstarts

JANUARY 26, 2023

Today's fintech solutions can deliver technology and services that take costs and inefficiencies out of the accounts payable process. The post From Execution To Insight: How Fintech Is Shaping The Future Of Accounts Payable appeared first on Young Upstarts.

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YoungUpstarts

JANUARY 23, 2014

by Julie Miller and Brian Bedford, co-authors of “ Culture Without Accountability: WTF? “ Are you accountable? They contend that most of us are guilty of small behaviors that crack our accountability façade and hurt us, both personally and professionally, far more than we realize. What’s The Fix? Showing up late.

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Women Entrepreneurs Can

NOVEMBER 26, 2020

The second is to actively seek out the services of an accountant. Finding an Accountant. If you don’t have time or the ability to deal with your own taxes, you can use an accountant to deal with your financial records and help you to file your taxes. Here are a few things to look out for when choosing your accountant.

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Software Review Small Business Software Employee 52

YoungUpstarts

APRIL 30, 2021

It is absolutely critical to spring clean your business’s finances and ensure that all of the accounting is accurate and up-to-date. The post Spring Clean Your Startup’s Accounting With These Tips appeared first on Young Upstarts.

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Finance 286

Up and Running

MAY 31, 2018

A certified, professional accountant can be a valuable partner to a small business at all stages, from formation, to financials, to the sale of the business. Handling your own accounting might seem like a money-saving strategy, but it may not be the best use of your time. An accountant’s role in a small business. Payroll tax.

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