Tag Archives: Tips
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. […]
Separate, Track, Organise and Consult
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. Well, my advice is Separate, Track, Organise and Consult. Talk to an accounting specialist and they’ll give you some guidance, helping […]
The Most Common Bookkeeping Challenges Faced by Small Businesses
How has running your business been like so far? Initially, you start small, find stable ground and then gradually, expand your business. The first phase, the development phase, is full of lessons – this is the time when you face the most challenges. And this is the right time to master your bookkeeping skills so […]
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 […]
