Being like everyone else may be a safe option, but it doesn’t mean a lot. The rewards could be plentiful if you aim for uniqueness. Running a business in the modern environment isn’t an easy task. With competition abound, it can be challenging to reach the target audience without appearing like a clone of …
It might be tempting to try and do the accounting yourself. But getting a team of experts could save you precious time and resources. Some businesses have internal solutions for financial management. And in smaller companies, even the owners themselves can weigh in and tackle the task. Such an approach could work for the …
Making sure your company keeps up with the best practices will guarantee future progress and keep your business competitive. Many technologies once considered breakthroughs have become commonplace in today’s business world. That’s why companies that miss out on these improvements risk losing their market to more agile competitors. You want to make sure your …
The Five Business Technologies You’ll Want to Adopt Read More »
If you want to improve the financial aspect of your business, start with smart changes that will bring you great results. Even when a business is doing well, there’s always room for improvement. Especially if you want your company to make more money or have better cash flow. Here are three quick ways to …
Quick Ways to Improve Your Financial Performance Read More »
Why Every Business Should Have A Budget? The main reason why businesses need a monthly, quarterly or annual budget is to protect and maintain the financial health of the business. When you build a business, there are a lot of things to stay on top of, from marketing and finding new clients to building a …
Are you tired of not making enough money? Use these tips to make as much as you deserve. There are so many things to look at before pricing your offer. That’s why business owners often make mistakes in that area. To be specific, two of the most common mistakes they make when pricing their offers …
The Balance sheet is one of the three fundamental financial statements and is key to both financial modelling and accounting. The balance sheet displays the company’s total assets, and how these assets are financed, through either debt or equity. It can also be referred to as a statement of net worth, or a statement of financial position. The …
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In this blog, we discuss all about how hiring a Finance Director can impact your bottom line. Well, first and foremost, why do you need a Finance Director? What is the role of a Finance Director? Well, the truth is – It’s hard work running a business and then all the paperwork and finance management. …
Hire A Part-Time Finance Director: Top 5 Reasons Why You Should Hire One Read More »
In this blog, we discuss all the common Cash flow mistakes that small businesses make. No matter how great your business model is, how profitable you are or how many investors are interested in supporting your business, you can’t survive if you can’t manage your company’s cash flow. In fact, a prominent study from the financial services company U.S. …
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Business owners and their management teams face a huge number of decision-making situations on a daily basis, so accurate management accounting is essential for providing insights and business information. Management accounting uses your ongoing business information to produce reports on subjects such as business performance, profits margins and labour utilisation. Using this valuable source of …
Top 5 Benefits of doing Regular Management Accounts Read More »