As an entrepreneur, part of your responsibilities is to understand basic accounting principles. This is essential in running your business, and in ensuring that your
When will you earn a profit? You start your small business precisely for the reason of generating profit. As such, it vital to conduct a
To make your job a lot easier, you need to understand your business’s financial key performance indicators (KPIs). These quantifiable tools help you measure and
One common misconception in the business world is that “Do-It-Yourself” (DIY) is always the cheaper option. This is not always the case, especially for accounting.
Every corporation, partnership, and tax-paying individual (sole-proprietor or professional) is required to have records of their daily transactions. As a business owner, you need to
A bookkeeper will help you do your books accurately, saving your time from costly mistakes that can harm your company’s financial health.
As a responsible employer, you must provide each employee the correct wage whether you require them to report for work or not during a public holiday.
Poorly managed resources are a silent business killer that will drain your company dry. So be diligent in tracking your cashflow and curb useless expenses.