Since the onset of the pandemic, the Internal Revenue Service (IRS) has come up with multiple new tax rules and regulations. Many of them are COVID-related and might affect your business and its tax system. There have been some exemptions, some tax reliefs, and more. The system is fast-changing, but...
Blog tagged as outsourcing
Top Reasons to Outsource Your Lease Abstraction
A complete lease can be filled with legal word jargon and complex language. It can end up being a nightmare for you if you are not trained to understand these. Getting a concise summary of the lease makes life much easier for a property manager. Finding comprehensible information and data from huge ...
How to Optimize Your Accounts Receivable Process for Better Cash Flow?
The world economy has been grilling under the pressure of the pandemic for the past couple of years. Above that small businesses have struggled even more to survive. But now finally from the last few months business and the economy is getting back in the normal flow of things.
All b...
7 Common Cyber Security Threats to Small Businesses and Accounting Firms
Security threats are not new in businesses across industries, and these breaches take a major hit on a company's financials. A Tripwire news report on an IBM security study points out that each incident of security breach costs companies about $3.92 million per incident. These cost a lot of money, a...
The Surprising Truth about Outsourcing Property Management Accounting
Managing a property is no easy task. You have to take care of endless responsibilities that include maintenance, coordinating with vendors, paying staff on time, and more.
Each property you manage brings more tasks to the table and can soon overwhelm your time. The situation is more common than...
Back Office Accounting and Common Misconceptions
An efficient back office is behind every successful company. It has a big impact on your business operations and how well you can achieve your objectives.
As a result, it is necessary to give a hard look at your back office operations. It is more important than you think and decides your perfor...
When Should You Start Outsourcing Your Business Processes?
More companies are looking to outsource most of their business functions. According to Fortunly, about 54% of companies use third-party services to interact with their customers. While cost-cutting is a common outsourcing goal, companies have their own reasons for outsourcing. Some want special...
How Outsourcing Helps With Real Estate Business Growth
Property management is a demanding job. Unlike a 9 to 5 job, managing properties requires you to work at your client’s convenience. On top of that, property managers also need to handle marketing, legal work, maintenance, and other tasks. Looks challenging? You can overcome most of your business obs...
Signs That You Need to Outsource Your IT Requirements
Running a business is not a simple task. Entrepreneurs have to handle countless workflows and processes every single day. On top of that, they also have to manage the company's IT operations and digital needs.
At times, things go beyond the capability of entrepreneurs to man...
How Outsourcing Helps With Real Estate Business Growth
Property management is a demanding job. Unlike a 9 to 5 job, managing properties requires you to work at your client’s convenience. On top of that, property managers also need to handle marketing, legal work, maintenance, and other tasks. Looks challenging? You can overcome most of your business obs...
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