Though we are already four months into the year of 2021, several businesses have only just begun their brand-new financial year and with this comes a whole new set of challenges. With the need for improved spending strategies and a new financial forecast, this can all be very overwhelming should you …
financial planning Articles and Interviews (tag)
5 Tips to Organize Your Business Finances
As a business owner, managing and organizing finances can be a great challenge. With all the things that need to be done, including your business’ day-to-day operations, it may be easier for you to slip into bad financial habits that can harm your company one day. For instance, when you have …
5 Ways to Increase Financial Efficiency for Your Business
An organization's financial efficiency goes beyond the amount of revenue they earn. It also factors in asset turnovers, how many days an invoice remains in account receivable, and how much inventory is on hand. Together, these are calculated to determine the economic health of a company. When an …
5 Facts about Financial Consultants
If you're in need of help with your finances, a financial consultant can assist you. Here are five facts about financial consultants. Legal Standards Depending on the type of specialization a financial consultant practices, he or she may be bound by different legal standards and responsibilities, …
How to Build Personal Wealth
Wealth is an essential element that brings a comfortable and relaxed life. Here are crucial tips to help you build a strong financial foundation that will give you financial freedom. Budget Your Money Before you spend money, create a budget to guide you on what to buy and how much you can save. …
Are You Self-Employed? How to Handle Your Finances Better
As a small business, you may not have an accounting team to take care of your finances for you, which puts you in charge of this massive responsibility. Because of this, you should take a look at these tips for handling finances more effectively, whether you’re a solo business owner or a …
