PABS
Count down to the new year has begun. Now is the time to review your financial journey, where you are and where you are heading to, wrap up pending tasks to accomplish goals for 2023 and plan what you want to accomplish in 2024. Year-end accounting plan looks a little different for everyone. It’s a […]
As a small business owner, you’re likely wearing many hats—juggling everything from product sourcing to inventory management, front-end work, human resources, marketing, and more. With a mile-long to-do list, bookkeeping often falls by the wayside. In fact, a curious revelation emerges as 60% of owners confess to lacking sufficient knowledge in bookkeeping. Yet many of […]
Ho Ho Ho! The holiday season is right around the corner. While the holidays bring a very merry and joyous time of the year, you can also feel quite stressed with accounting backlogs and unprepared books. Well, it’s the busiest time of the year as you have to prepare for year-end financials. But are your […]
Starting a retail shop or franchise can lead to both thrill and fulfillment. It’s obvious that the journey will also have multitudes of obstacles and hurdles. 16.7% of retail businesses fail in the first year and only 30.4% managed to stay afloat beyond the initial five years, showcasing a low survival rate. When you look […]
410 companies within the construction sector became insolvent. Infact, the construction industry ranked 2nd, contributing 16% of US business insolvencies. Amidst overgrowing project backlogs, slow-paced collections, and retainage requirements, you constantly struggle to manage debts. Along with poor financial management, another reason for this alarming trend is that you mostly purchase construction materials in bulk […]
