Financial Accounting has its origin in the ‘Principle of Duality’. This principle says that each and every business transaction that is written in accounts books has an effect that is twofold. In other words, every transaction has to involve at least 2 accounts while being recorded in account books. . Let’s understand accounting account

The Employee State Insurance (ESI) registration is provided to employees of every state to ensure some security level for the employees and their families. This registration is provided under Employee State Insurance Corporation ESIC, which is a self-financing, autonomous body controlled by the ESI Act 1948. Provisions of the ESI act 1948 make it

The popular business adage “You need to spend money to make money” is being challenged of late with the leaps and bounds of progress in technology. Businesses, especially small and medium enterprises, are finding new ways to challenge existing conventions in marketing and promotions. Dozens of cheap, even free methods are available today to

When setting up a business or a start-up, most people would imagine that all that is needed is money, aim, and sufficient employees. But no amount of money, people, and ideas will be sufficient if you do not poses the right skill set to execute the plans and ideas as it can be intimidating

Did you know that you can save a lot of time and money by adhering to smart accounting? Most small business owners do not always prioritize accounting, as there are other tasks on their to-do lists that seem more urgent. However, there is a reason behind accounting being a separate arm of business management,

Customer engagement has become an important parameter for business success today. In this context, customer engagement is now almost synonymous to customer satisfaction. Customer engagement can happen through both online and offline channels. Positive customer engagement not only boosts your brand’s reputation but can also help drive sales. There are several ways a business