As part of managing our financial affairs, saving for retirement should become our number one priority. While 401(k) plans provide tax advantages and security when saving for retirement, diversifying strategies provide greater safety, flexibility, and growth potential. By conducting extensive …
financial planning Articles and Interviews (tag)
The Importance of Financial Planning in the Corporate World
Planning an organization's finances is essential for each business, regardless of size or industry. It entails taking stock of a company's financial resources and planning ways to use them wisely. Business investment, operations, and expansion choices benefit from careful financial planning. The …
A Quick Guide to Annual Financial Planning for Small Businesses
A financial plan is a necessary tool for the growth of your small business. It can help predict the future performance of your business. It can also give you insights into how you can mobilize resources efficiently to overcome potential challenges and ensure you end the year profitably. Hence, …
How to Improve Your Company`s Financial Management
Most businesses have great potential at the very start, but they flop pretty soon, because of complications engendered by severe insufficiencies within the company. This is because, no matter how great of an idea you might have, you still have to put a lot of focus on managing your finances. This is …
Managing Your Finances While Self-Employed
When you’re self-employed, there are so many benefits like flexible working hours and independence. However, it also means you’re the one who needs to manage your own finances and pay your own taxes. When you’re self-employed it’s inevitable that at some point your income will be irregular, so you …
How to Handle Personal Finances as an Entrepreneur
To become a successful entrepreneur, you need to be an expert in many areas—and this includes managing your personal finances. Not knowing how to properly handle your personal finances can prevent your business from growing. With no money, you won’t have any business. If you’re planning to start …