In today’s highly competitive world of business, optimum utilization of time plays a vital role for a business’s sustainable growth. Considerable time of SMB owners is consumed in Payroll processing, managing cash flows, getting customers pay on time, keeping the costs down and increasing their profitability. As a result, there is no time to focus on the growth of their business. To thrive in a world where seemingly everyone is a competition, it is very important for a business to be dynamic. SMB owners need to wear multiple hats to manage their time and concurrently keep the wheels of their business revolving. Succinctly, they not only need to work hard, but also, work Smart. Continue reading Smart Accounting for Smart Businesses
Private Equity firms consider return on their investment as a key determinant while evaluating buying decisions. There are several criterions that go into short listing target companies including favorable market trends, stable and recurring cash flows, low capital expenditure requirements and a strong management team. Interestingly, while all these factors will help to consummate a strategic buyout across the drawing board, however they do not guarantee returns post the acquisition. Continue reading Why Private Equity Firms are reaching out to specialized Finance and Accounting Service Providers?