![]() An accountant helps you organize your financial data and provide insights to optimize your resources. As a result, there are chances of a few errors appearing in the financial statements that impact the business decisions. As some small businesses chose to manage the books on their own, they could have compromised the accuracy and quality of the financial records. The lockdown restricted movement of the consumer, shifting most of them to online platforms. ![]() Don't compromise on financial statementsĪs a consequence of the Covid-19 pandemic, several businesses faced loss, forcing some of them to shut down. However, certain practices can harm your business if they are left to persist. ![]() As markets have reopened in the UAE, the business community expects to see some growth. Reading time: 2 minutes What do a cafe, an advertising agency, a consulting firm, or a salon have in common? The misbelief that their business can grow without proper accounting practices in place. What business practices can create gaps in your business? What can you do about them?
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