Search Results for: accounting

non-deductible-expenses

Non-Deductible Expenses: What They Mean for Your Bottom Line

    If you manage business expenses, you may come across receipts for costs that could trigger a tax audit and penalties if submitted for a deduction. These are called non-deductible expenses, and it’s important to know them to avoid fraud and fines. Many individuals and businesses mistakenly assume that all expenses are deductible, but tax laws have specific rules on what qualifies. But not all expenses… Read More »Non-Deductible Expenses: What They Mean for Your Bottom Line

    how much do franchise owners make

    Earnings from Franchising: Factors That Affect Potential Income

      Franchising has long been a pathway to entrepreneurship for many aspiring business owners. If you’re considering investing in a franchise, a burning question often arises: How much do franchise owners make? Understanding the income potential, as well as the factors that influence franchise profitability, is crucial when evaluating franchise opportunities.  How Much Can You Make Owning a Franchise? The income you can make as a… Read More »Earnings from Franchising: Factors That Affect Potential Income

      salesforce-alternatives

      10 Best Salesforce CRM Alternatives for 2025

        Salesforce is one of the most popular Customer Relationship Management (CRM) tools out there, but it’s not always the best fit for every business. While it offers an extensive range of features, its complexity and high cost can be limiting for smaller businesses or those looking for something a little more tailored to their needs. Fortunately, there are plenty of Salesforce alternatives available, each offering… Read More »10 Best Salesforce CRM Alternatives for 2025

        business-expense-management

        Your Guide to Easy Business Expense Management

          Managing business expenses is essential for keeping financial workflows smooth, ensuring compliance, and maintaining profitability. The expense management process involves tracking, approving, and analyzing expenses to keep spending under control and aligned with business goals. This structured approach simplifies expense tracking and reduces errors, making it easier for businesses to optimize their financial health. Why Expense Management Matters Effective expense management saves time, improves accuracy,… Read More »Your Guide to Easy Business Expense Management

          expense-claims

          What You Need to Know About Expense Claims

            Managing finances, whether for personal or business reasons, involves various tasks. Businesses commonly utilize the expense claim as a key process. Employees use an expense claim to request reimbursement for work-related costs they have personally covered. What is an Expense Claim? An expense claim is a formal request made by an employee to be reimbursed for money spent on work-related activities. These expenses can include… Read More »What You Need to Know About Expense Claims

            overhead expense policies

            Business Overhead Expense Policy: How It Protects Your Business During a Disability

              Running a business is no easy job. It often feels like a constant process of trial and error, figuring out what works and what doesn’t. Business owners face all kinds of challenges, like sudden expenses, changing markets, and hiring the right people. According to the U.S. Bureau of Labor Statistics, around 20% of new businesses close within their first year, and nearly half shut down… Read More »Business Overhead Expense Policy: How It Protects Your Business During a Disability

              inside workday

              Inside Workday: Does It Offer Functionalities of a Traditional ERP?

                Workday is a cloud-based platform that helps businesses manage their finances, human resources (HR), and operations in one place. It’s built to be flexible and easy to use, giving companies the tools they need to keep up with change and work more efficiently. Some of the biggest companies in the world, like Netflix, Walmart, and Amazon, use Workday to make their work processes smoother and… Read More »Inside Workday: Does It Offer Functionalities of a Traditional ERP?

                erp vs aps

                ERP vs. APS: Understanding the Differences & Choosing the Right System

                  Every business wants to work as efficiently as possible, and one way to do that is by using ERP (Enterprise Resource Planning) systems. ERP helps connect different parts of your business—like finance, inventory, and sales—into one system. ERP makes it simpler to manage operations and make better decisions by automating tasks and centralizing all of your data. The benefits are clear. According to Oracle Netsuite,… Read More »ERP vs. APS: Understanding the Differences & Choosing the Right System

                  erp-integration-methods

                  3 Effortless ERP Data Integration Strategies

                    ERP integration methods have revolutionized the way businesses manage their operations by connecting different systems and streamlining processes. Companies today rely heavily on seamless data flow across departments to stay competitive. Effective integration strategies ensure that business applications, from accounting to customer relationship management, work in harmony. Let’s dive into what ERP integration is all about and why it’s so important for modern businesses. What… Read More »3 Effortless ERP Data Integration Strategies