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There are eight steps in the accounting cycle. The first three steps are ongoing: these bookkeeping tasks must be performed throughout the fiscal year. Meanwhile, the remaining five steps are the bookkeeping tasks you perform at the end of your financial year. Luckily, accounting software can help you automate these tasks these days, so doing all of these doesn't take as much time as it might seem. 1. Identify the transaction You need to identify all transactions that occur throughout your fiscal year. The best way to do this is to create a system where all transactions are recorded automatically,…

You have a lot of choices to make when starting a business. Outside of the product you choose to sell or your marketing strategy, one of your biggest decisions is what business model to pursue. Ahead, get a high-level breakdown of 14 major business model choices so you can make the best decisions right from the beginning. It’s important to understand each of these methods in order to make the right choice for your small business. There are pros and cons to each business model and, depending on your product, market, and cost structure, one may be more suitable for…

By YEC The decision to join a startup should be made after careful consideration.Getty Joining a startup can be a great career advancement, but it's important to carefully evaluate potential opportunities. To help you make a wise decision, we've collected insights from YEC members on the key factors to consider when applying to startups, so you can find a company that aligns with your career goals and values. Q. What should you look out for when applying to a startup? 1. Growth potential It's important to look at a company's growth and expansion potential. Looking at a startup's growth prospects…

You have a lot of choices to make when starting a business. Outside of the product you choose to sell or your marketing strategy, one of your biggest decisions is what business model to pursue. Ahead, get a high-level breakdown of 14 major business model choices so you can make the best decisions right from the beginning. It’s important to understand each of these methods in order to make the right choice for your small business. There are pros and cons to each business model and, depending on your product, market, and cost structure, one may be more suitable for…

You have a lot of choices to make when starting a business. Outside of the product you choose to sell or your marketing strategy, one of your biggest decisions is what business model to pursue. Ahead, get a high-level breakdown of 14 major business model choices so you can make the best decisions right from the beginning. It’s important to understand each of these methods in order to make the right choice for your small business. There are pros and cons to each business model and, depending on your product, market, and cost structure, one may be more suitable for…

You have a lot of choices to make when starting a business. Outside of the product you choose to sell or your marketing strategy, one of your biggest decisions is what business model to pursue. Ahead, get a high-level breakdown of 14 major business model choices so you can make the best decisions right from the beginning. It’s important to understand each of these methods in order to make the right choice for your small business. There are pros and cons to each business model and, depending on your product, market, and cost structure, one may be more suitable for…

You have a lot of choices to make when starting a business. Outside of the product you choose to sell or your marketing strategy, one of your biggest decisions is what business model to pursue. Ahead, get a high-level breakdown of 14 major business model choices so you can make the best decisions right from the beginning. It’s important to understand each of these methods in order to make the right choice for your small business. There are pros and cons to each business model and, depending on your product, market, and cost structure, one may be more suitable for…

You have a lot of choices to make when starting a business. Outside of the product you choose to sell or your marketing strategy, one of your biggest decisions is what business model to pursue. Ahead, get a high-level breakdown of 14 major business model choices so you can make the best decisions right from the beginning. It’s important to understand each of these methods in order to make the right choice for your small business. There are pros and cons to each business model and, depending on your product, market, and cost structure, one may be more suitable for…

You have a lot of choices to make when starting a business. Outside of the product you choose to sell or your marketing strategy, one of your biggest decisions is what business model to pursue. Ahead, get a high-level breakdown of 14 major business model choices so you can make the best decisions right from the beginning. It’s important to understand each of these methods in order to make the right choice for your small business. There are pros and cons to each business model and, depending on your product, market, and cost structure, one may be more suitable for…

A starting point for new business ideas The Center for Innovation & Entrepreneurship's Business Plan Competition was started in 1998 by Seattle University faculty member Emeritus Harriet Stevenson, who began teaching in 1967. When asked what prompted her to start the competition, she responded, “To build credibility. I wanted to be part of a group of leaders in developing entrepreneurship programs on the West Coast.” The Harriet Stevenson Business Plan Competition (HSBPC) is designed to help students and alumni launch new business ventures, including for-profit, non-profit, entrepreneurial and social enterprises. Participants will enhance their learning experience at Seattle University, get…