Imagine your business receives a large order for your services over the upcoming year, with payment up front. Cha-ching, you’ve got the money in your account, but the question is, have you really “earned” that money yet? In the accounting world, you haven’t. It’s called deferred revenue (also called deferred
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If you want to start a business but aren’t sure what kind, you may just need a little inspiration. From opportunities for sole proprietors to ambitious ventures that could grow into large corporations, your next successful business could start with any of the ideas below.
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A new type of artificial intelligence has emerged that has a big impact on the way small business owners operate: agentic AI. Agentic AI is an innovative technology that sets itself apart from generative AI (GenAI) by performing tasks as an autonomous agent. It can achieve goals while managing and
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