You are amazing for making it this far! You’ve got a great idea, people are talking about it, heck, you might have even have made some decent sales from it already. Now you’re feeling a bit more confident and must be thinking like: “Yeah, let’s make this official, let’s get my business registered!” YEAH! AWESOME!
Ok, enough talk about economic doom and gloom. Today we are going back to this Blog’s roots (Accounting – in case you couldn’t guess it from the title) and talk about the very foundation of all modern accounting practices: Debits and Credits! Remember how your business is made up of Assets, Liabilities and Equity? Remember
Alright, let’s get right back into it. So last week we discussed what a recession is. This week we will look at how we can best prepare for a recession. I use the term ‘prepare for a recession’ very loosely because a recession isn’t a sudden event, like an earthquake or a fire. Instead, It’s
If you have been reading the news or flicking through social media as most people do these days, you would have heard about this ‘oncoming global recession’ business. A recession makes for great news because it’s a big complicated word with scary undertones which we don’t exactly understand. This week’s article will briefly discuss what