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top CPAs in San Jose

3 Reasons For A Business To Go Bankrupt

Business Bankruptcy is more common nowadays due to the ever-changing economic statuses worldwide. Every year, big and small businesses file for bankruptcy for several reasons. In each of the years from 2016 through 2020, more than 22,000 firms declared bankruptcy, according to statistics from the U.S. Courts. This figure does not include the number of small enterprises …

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5 Bookkeeping & Accounting Tips for Small Businesses

One of the major challenges in running a small business is managing your cash flow. Cash flow problems account for 82% of the businesses that shut down. Improving your cash flow requires your back-office accounting to be efficient and error-free. Organizing your business’ accounting and bookkeeping can take up a big chunk of your time, but …

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Finance vs. Accounting: What’s the Difference?

People often use the terms finance and accounting interchangeably, but there are key differences between both. Both finance and accounting are related to the management and administration of a company’s assets. However, both have different focuses. Keep reading this blog to learn the key differences between finance and accounting.