October 2022

What Are Accounting Reports?

Accounting reports are reports that contain financial information derived from a business’ records, in order to summarise their financial status. There are many different types of accounting reports and they vary greatly in terms of purpose and comprehensiveness. Income statements, balance sheets and cash flow statements are all common types of accounting reports that you …

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How to Negotiate Payment Terms with Your Suppliers

Due to the rising cost of living, many businesses are currently struggling with cash flow. One of the best ways to improve your cash flow is to negotiate better terms with your suppliers. However, suppliers are also feeling the pinch given the current inflation rate, so how can you negotiate better payment terms without jeopardising …

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8 Small Ways to Save Money in Your Business (that Add Up to Big Changes)

There’s not an entrepreneur out there who wouldn’t like to increase their profits, and reducing costs is one way to do it. But how do you go about saving money without hacking away at your operations like a madman? We’ve got eight small ways to save money in your business that can make a big …

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