Breakups are tough, but planning ahead can make it easier. Here’s how to prepare for the transition and ensure a fresh start with an accounting firm that truly aligns with your business needs.
When foreign investors invest in a business, it is crucial to differentiate between two types of investment: holding no more than 49% of shares or holding 50% or more of shares. If foreigners hold a majority of the shares, the registration process becomes a little more complex. Companies raising funds can use FlowAccount to record transactions via the “Accounting” menu. Additionally, FlowAccount offers online company registration services for your convenience.
Navigating withholding tax is a common challenge for business owners, impacting their financial management. This article aims to clarify what withholding tax is, its importance, and how to manage it effectively. By understanding these concepts, you'll be better equipped to handle your business finances confidently.
Purchase orders (POs) are an important tool in managing a company's buying process. But to use them effectively, it's important to understand what they are, when to use them, and how they flow through the purchasing cycle. This article explains the key parts of a PO, how it differs from a purchase requisition, and offers simple steps to help improve the buying process in your business.
To keep a business running smoothly, it's crucial to understand how money flows in and out. A cash flow statement shows where your cash is coming from and going to, while working capital tells you how much short-term money you have to cover daily expenses. This article will explain how to read a cash flow statement, what working capital is, and how to manage both to keep your business healthy and successful.
Effective business documentation is vital for smooth operations and clear communication. From managing transactions to ensuring regulatory compliance, understanding the purpose and use of various documents—such as invoices, delivery notes, and credit notes—is essential. This article will guide you through these key business documents, explaining when and how to use each one to streamline your processes and maintain accurate records. Let’s explore how these documents can help you run your business more efficiently.
