by Palak Nain | Apr 22, 2024 | Accounting
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...
by Peter McCarthy | Apr 15, 2024 | Accounting, Business Management, Lifestyle
This article is a bit different to what we usually write. It’s not a legislative, technical or how-to-type article. We’ve written plenty of those and will continue to do so. Instead, this and the following articles in this series will be an honest, very...
by Palak Nain | Feb 28, 2024 | Accounting, Business Management
Starting a business can be quite a rollercoaster with its ups and downs. Many new entrepreneurs face a challenge when they realise that the anticipated profits are not reflected in the actual cash available at the end of the financial year. This guide addresses these...
by Palak Nain | Feb 15, 2024 | Accounting
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...
by Palak Nain | Jan 31, 2024 | Accounting
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...
by Peter McCarthy | May 30, 2023 | Accounting
As a small business owner, you’re probably already aware of the importance of keeping your finances in order. Financial management goes deeper than paying your bills on time and collecting invoices (although they are essential). It involves frequently checking...
