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In an study conducted by U.S. bank It was determined that 80 percent of firms fail. One of the reasons is inadequate control of the flow of money. Effective accounting practices and productive are crucial for businesses that has limited funds. ensure that they are able to effectively manage their money and ensure that their business is set to succeed.

Small-business accounting is a collection of accounting techniques that help to manage and oversee the company's finances which includes the management of cash flow as well as inventory. This article provides information on the top accounting strategies that even the smallest owners of businesses should be aware of.

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