No one likes to talk about money when it comes to starting a business, but it’s the elephant in the room because you need money to make money. Finding investors is one approach, while others need to apply for a business loan. Funding your business is like putting the right kind of fertiliser around a tree when you plant it, it builds strength and resilience so that the first obstacle doesn’t defeat the business. With uncertainty in business in the wake of COVID and the subsequent lockdowns, having sturdy financial backing is even more important than ever before.Read More
Category: Accounting Money and Finance
Every small business needs sound financial management to ensure that resources are used effectively, cash flows are managed and anticipated growth can be adequately planned for. While some owners, particularly of cash-strapped start-ups, may find allocating time to financial management difficult, it is essential to get on top of your finances.Read More
2021 has brought plenty of financial speed humps. Businesses are knee-deep in uncertainty and need ways to minimise their tax and build stronger, more meaningful relationships with their clients.
Both goals rely on the right financial and business infrastructure. When you create a solid blueprint to work from, you can optimise finances and dedicate more time to grow.Read More
One of the main difficulties in starting a business is usually related to financing it. A company may have a great business plan and good products, but it will mean little without proper funding.Read More
COVID-19 has come in like a wrecking ball, dismantling communities and national economies, leaving everyone in its wake counting the costs. No one could have predicted this change in events. However, as we slowly come out the other side of this catastrophe, we are now in a good position to begin looking at ways to rebuild financial confidence and stability in a post-pandemic world.Read More
The financial technology (FinTech) industry is the latest area that has been affected by the rapid evolution of the internet. It is now immensely easy for you to execute your financial affairs over the course of a few clicks on software that is specifically designed for it.Read More
If you’re a fledgling entrepreneur, handling multiple and varied debts simultaneously can become an overwhelming task. Finding the best debt payoff app or tool can make managing your business loans easier and help save money in the long run.Read More
While the basics of accounting stay constant, the ways firms do accounting has changed dramatically in recent years. Staying on top of accounting trends is increasingly important for serving clients and running a profitable firm.Read More
Understanding your business’s finances involves a lot more than just managing cash flow. In fact, understanding the different kinds of taxes is almost like understanding the finances of an entire second business.Read More
Many entrepreneurs and business owners think that all growth is good. They dream of opportunities for a rapid surge in demand and an increase in revenue. But fast business growth can also create some pretty serious cash flow issues. Which can often lead to other, more serious business problems, like closing down… permanently.Read More
How much do you really know about money? And your money in particular?
They say money makes the world go round and as a business owner, you might be inclined to agree.Read More