Decoding the language of financial ratios

Decoding the language of financial ratios

As a small business owner, you have many different responsibilities. However, taking on the financial analyst role might feel overwhelming, especially if you don’t have a background in finance or accounting. Nevertheless, grasping financial ratios can...
Essential bookkeeping practices for start-ups

Essential bookkeeping practices for start-ups

Essential bookkeeping practices for start-ups Embarking on a new business venture is thrilling, but it entails a significant number of duties. One fundamental obligation is ensuring precise documentation of all business transactions. Whether it’s retaining...
Understanding and improving working capital

Understanding and improving working capital

Understanding and managing your working capital effectively is essential for running a successful business. Working capital refers to the cash that is readily available for daily operations. A longer business cycle usually results in a higher working capital...
Crafting the ideal successor for your business

Crafting the ideal successor for your business

It’s not usually a priority to consider who will take over your business when you are too busy running and growing it. Transferring leadership can be difficult and requires a thoughtful and methodical approach to ensure a smooth transition. For a successful...