Business

The term “capitalization”is substituted as accounting to define the cost of equipment written off as depreciation over the years of my business. It is also described as the conversion of retained earnings into capital and the conversion of an operating lease into a capital lease. In this situation, capitalization translated to generating money allowing a […]

Once you start fundraising for the company, it is easy to get carried away—of course, you are excited about money being added, and you won’t have an immediate need to provide anything solid in return. However, your fundraising decisions have long-term implications which are essential to think thoroughly. One of the most significant aspects you

It was Shakespeare that said; “What is in a name? A rose by any other name would smell as sweet…” However, the same logic may not apply to a business. Names have a way of setting the tone for any business – new or old – as they are usually the first line of marketing.

The first step in the long, winding journey of owning a business is having a great business idea; or just a great idea, really, but one with a great marketing potential (i.e. a business idea that is highly marketable). This means that one of the features of a great business idea is that people must

Every year, a lot of people make the important decision to start their own businesses. However, entrepreneurship is not the easiest path to success. One of the biggest problems involves getting patronage. The process of getting customers or people to patronize your business can present a major problem when it comes to successfully running your

Owning a business is a life-long dream for thousands, and perhaps even millions, of people. However, owning your own business requires a lot of responsibility. And in a lot of cases, you’re not only a business owner but the founder as well. This means that you also have the responsibility of starting up your new

The process of hiring employees can be rather daunting to business owners, particularly when the business is a small scale while it is still growing. Many small business owners are prone to nitpick over every stage of the selection process; however, owners of big businesses also tend to do the same. The reason for this

Unless you are starting up as an accountant or bookkeeper, spending time on receipts and pushing invoices is not a fun activity for most of us. However, bookkeeping is a necessary evil and an essential component if you want to stay on top of your startup. Therefore, being disorganized and putting off bookkeeping just won’t

Keyword research is the method of looking for search terms that people feed into the search engines intending to use that data for an exclusive purpose, usually for search engine optimization (SEO) or general marketing. Keyword research can find the targeted questions, the popularity of those questions, their ranking challenges, and miscellaneous queries. It also

As an entrepreneur, you’ll come across various perks and benefits. However, to enjoy these opportunities, you are required to invest lots of effort and time. Before your business takes off, you will have to do various things on your own, because you will be lacking sufficient capital and staff members to cover the entire bases.