When a business kicks off its search for an ecommerce solution – or any software, for that matter – price is almost always one of the deciding factors. While it can be relatively easy to figure out the upfront price or first-year cost of an ecommerce system, the total cost of ownership (TCO) over the life of a solution is far more murky.
Making Tax Digital (MTD), the HMRC initiative that requires UK businesses to submit their tax returns and payments online while also keeping digital records of their taxes, becomes mandatory from 1st April 2019 with businesses required to submit from a list of HMRC compliant software (of which NetSuite is one) or an API-enabled spreadsheet.
Succession planning is essential for family business survival, especially for those where leaders are nearing retirement. According to the Family Business Center, 70 percent of family businesses would like to pass their business on to the next generation, but only 30 percent will be successful.
With the deadline passed, organizations are still using technology and automation to support ASC 606 compliance.
Whether you’re an entrepreneur ready to take off with your idea or a business leader guiding a startup through the trials and tribulations of growth, part of your day is undoubtedly dedicated to seeking funding and maintaining healthy relationships with investors.