4 financial reporting tips for startups

Running a new startup is tough. It takes long hours, lots of sweat equity, and tremendous planning. While you may have a handle on getting your startup off the ground and bringing your products or services to market, do you know what you need to do when it comes to your finances? One of the most important things you can do is prepare good financial statements. Why? It's the only way you, your board, your staff, and your investors will know where you stand. Good reporting helps you with financial...
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The promise of blockchain

Despite the buzz around blockchain, there's still confusion about what it is, how it works, and how it's changing the way we do business. The original blockchain was implemented as a cryptographically enhanced digital ledger for the cryptocurrency Bitcoin. Now "blockchain technologies" are springing up in a range of applications—within the financial services sector and beyond. "I think blockchain will do for the transfer of assets what the Internet did for transfer of information," says Jonathan...
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Visa’s Everywhere Initiative comes to Sub Sahara Africa

Visa's Everywhere Initiative is coming to Sub Sahara Africa for the first time, giving startups a chance to win one of three $25,000 prizes with potential for further investment and mentoring. The initiative is open to startups that can participate in one of three challenges. Brief 1 involves using Visa's Developer APIs to help merchants move away from the cash on delivery (COD) culture. Brief 2 leverages Visa APIs and social media platforms to help businesses receive digital...
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Over 75k new jobs created from foreign direct investment, despite 'lurking shadow of Brexit'

Despite concerns following the vote to leave the European Union, the UK is still attracting substantial foreign direct investments (FDI). According to a survey by Ernst & Young (EY), the UK remains one of the most desirable European countries for foreign businesses to invest in new projects. Figures from the Organisation for Economic Co-operation and Development (OECD) show FDI increased to £197bn in 2016; a rise of 20% from the previous year. With FDI set to create more than 75,00...
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5 ways to put blockchain to use as a small business owner

The blockchain technology market is growing rapidly as its potential goes beyond disrupting the financial services industry to transforming multiple industries. Trust and transparency are key elements of Blockchain technology. The use of a distributed ledger removes the need for intermediaries, which helps organizations to streamline their operations. It also creates a secure means of conducting busi ness by providing automatic verification of transactions and storing transactions in a transpare...
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