Top 3 Outsourcing Risks & How to Avoid Them

These days, outsourcing has become a common practice for both large corporations and small businesses alike. This is because it allows them access to skilled expertise and flexible staffing options at a more efficient cost, among other things. However, for all its benefits, it doesn’t 

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5 Free Financial Tools for Small Businesses

Small businesses need to know about free financial tools that can provide the utmost convenience. Every owner knows the pain of just starting and wanting to track all of their costs. Expense management is extremely crucial for this part.  At DeepSky, we believe that you 

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Top 6 Finance Options for Small Businesses and Startups

Financing a business can prove tricky. You want to maintain a steady cash flow so as to not go bankrupt. Despite that, new injections of funds can help you grow beyond your previous capacity.  What are your options? We go through several of the basic 

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How Does Virtual Accounting Work

Virtual accounting is a process for giving accounting professionals the unique opportunity for providing accounting services for their clients remotely. The practice is becoming more and more mainstream along with the increasing number of businesses searching for creative methods of finding the perfect balance between 

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The Importance Of Scaling A Business

Scaling a business means growing with a plan, and a marketing strategy. You don’t have to necessarily scale, but we recommend it if you love your personal venture and have reasons for continuing it beyond “turn a profit”.  You can create long-term sustainability with the 

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Preparing A Profit And Loss Statement for Small Businesses: 4 Important Steps

A profit and loss statement for a small business doesn’t have to incorporate rocket science. You simply have to know how to plug in the numbers for a monthly, quarterly, or annual basis. Then you get a picture of your business’s health and the narrative 

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5 Tips That Help You Determine Short Term Financial Goals

2020 is arriving all too soon, and new business goals come with it. You want goals that align with your values in the short-term while preparing for the first sixth months of the calendar year. DeepSky wants to help you avoid bad financial advice like 

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Small Business Accounting Services To Grow Your Company

When you start with a small business, you want to find areas in which to grow. That way you can prove that you are a viable investment for venture capitalists and other potential stockholders. The numbers can help with that, but you may lack the 

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What Are The Responsibilities of A Chief Financial Officer?

A chief financial officer (CFO) is an important figure within a business. He or she is one of the highest-ranking officials in a company and one responsible for keeping finances afloat. As a result, they are very important.  Traditionally, a CFO would control all of 

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How much should you charge for your services? Pricing Services 101

Post Contents1 How to Set The Right Price for Your Company?2 First question – What problem are you solving? Focus on the value of your service3 Second question – Who are your customers? Set the price of the service for your audience4 Third question – 

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