Starting a business is becoming increasingly simpler. Business models like drop shipping and franchising allow entrepreneurs to go into business[…]
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Category: Financial Management
Get key insights into the financial management of a business as well as analysis and visualization to gain a deeper understanding of business performance from financial data. We also share on important legislature to keep your business compliant, particularly in matters of taxation. On taxation, we also touch on strategies to legally reduce your tax burden. Look out for blog posts on financial management tools and software, financial planning, forecasting and analysis as well as plenty of information to reduce your nightmares on the dreaded tax.
You can be a successful entrepreneur with limited business management skills – The Business Plan
If you want to be a successful entrepreneur, the shortest route to success is to make money doing what you[…]
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Important accounting ratios for small business financial analysis
Funding is tough for small businesses and start-ups, making proper financial analysis imperative for their success. It’s important to understand[…]
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Why getting business funding early can do more harm than good
A Harvard Business School study found that up to 75% of venture-backed companies fail. This is measured by companies that[…]
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Start a business with limited funding (Lean Start-Up)
Starting a business with little to no funding can be very daunting, but it can work to your advantage. By[…]
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Understanding depreciation and its importance to your business
In accounting, depreciation is the systematic accounting for the reduction in the value of an asset. Depreciation is a very[…]
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10 Essentials of Good Financial Management for Small Businesses
Proper financial management is the backbone of the success of any entity. Many entrepreneurs realize too late that businesses seldom[…]
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