EBITDA: What It Is And How To Calculate

Understanding your business’s profitability is crucial to making informed decisions, attracting investors, and planning for sustainable growth. One of the most widely used metrics for evaluating operational performance is EBITDA. In this 2025 guide, we’ll explore what EBITDA is, how to calculate it, its advantages and limitations, and how startups and small businesses can use […]

The Pros and Cons of Acquiring an Existing Accounting Practice and the Process of Acquisition

It takes abundant resources to start an accounting firm, starting with legal and administrative requirements, obtaining necessary licenses, setting up the resources to comply with local regulations, obtaining financial resources, setting up a formal office, hiring and compensating trained and junior accountants, receiving and installing diverse software for various functions, and making investments in marketing […]

Why Gusto is an Exceptional Payroll Solution for Small Businesses

A company’s operations have several interdependent and overlapping roles. Accounting plays a vital role in a business’s administrative tasks; there are several classifications and sub-classifications under the accounting function. Payroll management is one such role that is complex and requires pinpoint accuracy. Table of Contents What is a Payroll Management System? Payroll management includes an […]

How to Register a Company in the USA from India & Streamline Finances

Starting a business in the USA as an Indian founder opens doors to global markets, better funding opportunities, and increased credibility. However, navigating USA company registration from India and managing ongoing compliance can be complex—especially when dealing with cross-border taxes, accounting, and legal requirements. This guide will lead you through the essential steps to register […]

Everything You Need to Know Before Implementing Zero-Based Budgeting

Zero-based Budgeting (ZBB) is an approach to accounting that scrutinizes an organization’s spending. Every department is expected to monitor their spending, as every line item under expenses and expenditure requires justification in each budgeting cycle. Traditional budgeting increments the expense as a percentage from year to year or the respective period for Budgeting. Traditional Budgeting […]

FIFO: The First In First Out Inventory Method

In the dynamic business landscape of 2025, efficient inventory management is paramount for small businesses, startups, freelancers, and e-commerce ventures in the USA. The First-In, First-Out (FIFO) inventory method remains a cornerstone strategy, ensuring optimal stock rotation, accurate financial reporting, and compliance with accounting standards. This guide delves into the FIFO method’s intricacies, its advantages, […]

Revenue vs Profit: Key Differences

In the fast-paced world of business, understanding your financial health is crucial. Some entrepreneurs use the terms “revenue” and “profit” interchangeably, which can cause misunderstandings and inaccurate financial evaluations.  This blog aims to simplify the crucial financial indicators, providing you with the necessary knowledge to make informed judgments and steer your business toward progress. Table […]

Why Is It Important to Manage Payables?

In 2025, effective management of accounts payable (AP) is crucial for small businesses, startups, freelancers, and e-commerce ventures in the USA. Proper AP management ensures financial stability, strengthens vendor relationships, and enhances operational efficiency. This guide explores the importance of managing payables, outlines best practices, and highlights how outsourced bookkeeping and accounting services can support […]

Why Do Most Startups Incorporate In Delaware?

In 2025, Delaware continues to be the premier choice for startups seeking incorporation in the United States. Despite recent debates over corporate governance, Delaware’s robust legal framework, tax advantages, and investor-friendly environment make it an attractive destination for new businesses. This comprehensive guide explores the reasons behind Delaware’s enduring appeal and provides insights into how […]

LLC vs. C Corporation: What’s the difference?

Choosing the right business structure is crucial for entrepreneurs, startups, freelancers, and e-commerce businesses. In 2025, the decision between forming an LLC vs C Corporation can significantly impact taxation, ownership, and compliance requirements. This guide provides a comprehensive comparison to help you make an informed choice. Understanding LLCs and C Corporations What is an LLC? […]