Whenever you start in business, detailed financial planning is paramount. You need to make accurate sales and expenditure forecasts to understand if and when your enterprise is expected to become profitable. While it’s a given that taxation will be integral to your planning, how much you’re expected to hand over to the taxman is not […]
Bitcoin
What Businesses Need to Know About the Tax Treatment of Bitcoin and Other Virtual Currencies
Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also commonly referred to as digital, electronic or crypto currency. While most smaller businesses aren’t yet accepting bitcoin or other virtual currency payments from their customers, more and more larger businesses are. And the […]
The Cryptocurrency Craze Has Slowed Down: What Should We Expect Now?
For anyone who has followed this fledgling industry for a number of years, 2017 was an impossibly crazy ride for the cryptocurrency space. Popular coins such as Bitcoin and Ethereum experienced exponential rises in price, along with smaller cap coins that created a real craze around the still-developing industry. But so far 2018 has been […]
How to Bag a Job Working with Bitcoin
Bitcoin has not just mesmerized investors but it has opened up new opportunities for job seekers, as well. As the value of Bitcoin increased to new levels last year, the job opportunities increased. According to cnbc.com, the number of Bitcoin-related jobs has increased by 82% in the last 3 months. Similarly, jobs in the field […]
Blockchain Technology: The Innovation That May Change Intellectual Property Management as We Know It
Over the last several years, it’s been impossible to ignore the disruptive force of blockchain technology. From banking and healthcare to energy and security, industry sectors across the board are hailing it as a revolutionary force that is capable of inciting massive change. And it’s easy to see why. At its core, blockchain eliminates the […]
Will Bitcoin and the Blockchain Affect Your Small Business? 4 Reasons It Might
Around 2010, a mysterious programmer (or group of programmers) known only by the pseudonym “Satoshi Nakamoto” invented what is now known as “Bitcoin.” This virtual currency exists on a technology platform called the blockchain, which is essentially a system that allows for files and data to exist without threat of copy or counterfeit to them. […]
5 Ways You Didn’t Realize Your Company Can Use Cryptocurrencies
With cryptocurrencies like bitcoin making headlines recently due to a rapid increase in dollar value, it’s important for small businesses to realize there’s more to this phenomenon than accepting it as a form of payment. While that’s certainly an important aspect of cryptocurrency for companies to consider, it only represents the tip of the iceberg. […]
Bitcoin for Small Businesses: Things to Know and Consider
Bitcoin is a digital currency that can only be accessed using codes that are only known to the owner. It is just like depositing your money in a bank but this one is electronic. Bitcoins are usually used in financial transactions as payment for goods and services. However, there are only a few business establishments […]
Cryptocurrencies and Their Effect on Future Startups
“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.” (Thomas Carper, US-Senator) The market capitalization for the approximately 800 existing cryptocurrencies has recently exceeded 100 billion. The Central Banks of Germany and China have been exploring the possibility […]
How Accepting Bitcoin Can Help Your Business
While you may have heard about Bitcoin, you may not realize that this alternative form of payment could benefit your business. In first describing how this cryptocurrency works for payments, it’s very easy to get started with an account and integrate it into your accepted forms of payment. Bitcoin walks you through the very short […]
