Introduction You probably come across it as an everyday challenge or have at one time experienced the experience of dreading due payments on your invoices! Managing these partial payments is not always easy and may seem like assembling a puzzle with missing pieces. Research conducted by the National Federation of Independent Business (NFIB) found that […]
Are you looking for a tool to manage your projects? Your search ends here! Whether you are a freelancer, part of a small team, or a big organization, the right tool can make your work much more manageable. But let’s be honest – there are so many tools in the market, and it can be […]
Are you curious how those confusing numbers on food bills relate to taxes? Understanding VAT (Value Added Tax) for food can be like cracking a secret code in the food world – it’s puzzling for most people, including those in the food business. Nowadays, VAT has a significant impact, affecting menu prices and how much […]
A strong business strategy is like the game of chess, where KPIs make every move easy. No doubt, in this competitive world, standing out is difficult. But what if you have a business strategy that makes it possible? Decisions that can mean the difference between thriving and merely surviving. But how can you ensure your […]
Introduction Are you finding it difficult to predict your monthly revenue? Or are you struggling to retain your existing customers and get on-time payments? If yes, you must switch to subscription-based models for long-term sustainability. These models not only boost your revenue but also provide a sustainable path for business growth. A report by Gartner […]
Running any business comes with a lot of responsibilities. Besides strategy, execution, P&L, you need to pay attention to taxes and compliance. Furthermore, in order to maintain good financial health, you must have an eye for detail when making tax and compliance-related decisions. In this blog post, we’ll discuss the types of business taxes, their […]
Imagine a steady stream of income flowing in month after month, providing your business with financial stability and the freedom to focus on what truly matters – delivering value to your customers. Isn’t it like your business has reached heights? This can become true if you master cash flow in your business. It’s the fine […]
Is managing finances proving a headache for you? If yes, you are not alone in this. Whether running a start-up or an established organization, you will face challenges managing finances if you don’t have a dedicated and modern financing solution in place. Another two common problems are: Having an outdated payment management system Not properly […]
Invoices are the backbone of cash flow, business accounting, and inventory tracking. For any business to thrive, it is needless to say that invoice management should be spot on. Although many businesses have automated the process with online invoicing, some are still taking the conventional route of manually processing everything. If you are a small […]
Project management is a concept that has been around for millennia. Some ancient texts from the iron age mention the difficulty of managing a project. In modern times, project management as a science saw its birth in 1940 when Henry Gantt created the chart that would forever be known as the “Gantt Chart.” Project management […]
Entrepreneurs often have a difficult time sustaining their businesses. Instances are not rare when they struggle with cash flow management which is the bane of an entrepreneur’s existence. Difficulties arise when they are unable to manage their cash flow. One way to overcome this is by generating passive income from sources such as investments, royalties, […]
Conflicts occur where there is disagreement. Additionally, from a business perspective, we can say conflict is a direct result of two businesses wanting to have different versions of success. It generally occurs due to unclear communication, quick changes, misaligned expectations, and unfamiliar processes. Furthermore, it can bring your business to the point of failure if […]
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