There have been a number of exciting updates to QuickBooks online since October 2022 and we would like to show you what these are and how they can help you manage your business activities. A few of the ones that we’ll be talking about in this article are The New Business Navigation Tab; Prep for […]
First off, let's take a closer look at inventory Management. What is Inventory Management? Inventory management, by definition, is the process of ordering, tracking, and using up everything your business stocks. From raw materials to finished goods, a solid inventory management strategy will help ensure your company runs as smoothly as possible. Why is Inventory […]
Xero Software has numerous advantages and features for small businesses. Let's take a closer look at some of the latest feature updates: Enjoy more flexibility in new reports: A custom suite of reports will help you get answers fast, and streamline your financial analysis. As part of this work, Xero have released some new reporting […]
An Audit is a formal examination of accounting books, documents and vouchers of a business concern in order to verify the profit and loss and the financial position of a business. It’s a systematic check or assessment of financial records of a business, department or organization to establish accuracy or efficiency. The examination of the […]
Zoho Books is cloud-based accounting software that makes financial management easier for small-business owners. It automates business workflows, has great invoicing features, offers free inventory software, automatically imports bank feeds and helps you stay on top of receivables and payables. It’s fast, powerful, and convenient, and it helps regain control over the company’s finances and […]
Small business owners face a variety of challenges when it comes to managing their finances, and debt management is one of the toughest. Customer debt can quickly spiral out of control if not managed effectively, which is why it’s important to follow effective debt management guidelines so that you can stay in control of your […]
As a small business owner or aspiring entrepreneur, investing in the right tools can mean the difference between growth and stagnation. Maybe you’ve considered investing in accounting software in the past or just started researching your options, but you’re still not sure why you should purchase it. Small scale businesses can be easily managed with […]
Do You Ever Wonder If And When It's Time To Raise Your Prices? When to raise prices is a topic many of my clients struggle with. Typically, you should raise your prices anywhere between 5%-10% every year or year and a half. That sounds like a lot, and it can be. You have to take […]
As the director of a company, you might consider a director’s loan (also called a shareholder loan) when you need money urgently but are unable to get a loan from the bank. You may consider taking a dividend from your company but this may not be possible if your company is not profitable. You might […]
Before starting a new business or expanding an existing one, you may want to create a business plan that outlines your current business model and future growth. The plan can give you a detailed map of where you are, how far you've come and where you want to be with your business. It's important to […]
