The Global Chip Crisis and Its Rippling effect on banking

The Global Chip Crisis and Its Rippling effect on banking

The 2020–21 global chip crisis has had a shaky effect on the banking industry, leaving its mark on almost every aspect of the business. With the COVID-19 pandemic disrupting supply chains and slowing down production, the shortage of semiconductors has resulted in a significant impact on the production of various electronic devices, including those used by banks.

Why do startups fail?
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Why do startups fail?

A start-up in essence, is a business experimentwith potential. Founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand these companies typically lack a fully developed business model and, more crucially, lack adequate capital to move onto the next phase of business. These companies generally start with…

5 Types of Productivity Tools used by Professional Accountants

5 Types of Productivity Tools used by Professional Accountants

Productivity tools are used by accountants to continue to maintain high levels of productivity without compromising on quality. But with so many to choose from, it is imperative to identify the right productivity tools that can help Accountants address key areas of improvement. They should fit into your workflow and be effective in aiding Accounting…

6 important reasons why Accounting firms need a strong social media presence

6 important reasons why Accounting firms need a strong social media presence

Accounting firms cannot ignore the advantages of having a strong social media presence in today’s digital age, as this is a major way to boost their online presence. There are over 3.8 billion people active on various social media platforms, so firms can leverage this to build their brand without spending heavily on marketing. Moreover,…