Tag Archives: manage finances
Will a budget and cash flow forecast save your business?
You may have heard accountants and other finance professionals talking about how important budgeting and managing cash flow is. The question is, will a budget and cash flow forecast save your business? Well, budgeting gives us something to aim for and consistent cash flow is what is needed in order to achieve our desired outcomes. […]
When Should Small Businesses Turn to Accountants for Help?
Have you hired an accountant for your small business or do you manage payroll, invoices, taxes and other related operations all by yourself? If you want to optimise your finances and propel your growth, you should hire an accountant NOW. History shows many business owners delay working with professional accountants as much as they can. […]
Accounting Tips for SMEs
How do you manage your small business? Do you find it difficult to do so? Put your accounting in order and a lot of your troubles will cease to exist. Should you go about this on your own or should you seek professional help? If you are just starting out, you may be able to […]
Organise Your Small Business Finances
Small businesses are often faced with one important question: how can finances be managed effectively? Unlike personal finances, there isn’t a single approach that can be applied to all the business entities out there. It all varies from business to business. Talk to an accounting firm and they’ll give you some guidance, helping you establish […]
Have good accounting information
Good accounting information will keep your business on track and will alert you early to any issues and enable you to make appropriate changes. A major factor to consider is the structure of your accounting system and how transaction information is captured. Remember garbage in, results in garbage out. Know what it is you want […]