Running a small business means juggling multiple operations and workflows—managing customer relationships, addressing employee needs, developing products, and, of course, keeping track of finances. When doing financial management, even small mistakes can have...
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Top 5 Financial KPIs Every Business Should Track
Imagine a scenario wherein you’re the captain of your ship, cruising through the expanse of the ocean. One minute, you’re gliding along smoothly; the next, a storm could come out of nowhere. To make sure you stay on course and reach your destination safely, you need a...
Factors That Influence Break-Even Analysis for Startups
Started a new business? Or leading a startup for some time now? You’d often be discussing the term ‘Break Even Analysis.’ Managing a business is not easy work but the most important tool for determining the break-even analysis for any startup founder is knowing when...
Why Every Business Needs a Reliable Bookkeeper
If planning and strategy are the brain of a business, bookkeeping can be considered the heart of its finances. Just like a steady heartbeat keeps a body alive, accurate cloud-based bookkeeping ensures your business stays financially healthy and prepared for whatever...
Actionable Tips for Improving Your Business Cash Flow
Cash flow problems are among the most common concerns of business, regardless of the size, stage or industry they work in. Since it is an important determinant of the company’s financial health and its long-term sustainability and success, businesses have to focus on...
Essential Financial Tips for Small Business Owners
Running a small business is no small feat. Beyond delivering quality products or services, managing finances effectively is crucial to ensure sustainability and growth. Financial health directly impacts your ability to expand, handle challenges, and stay competitive....
Effective Strategies for Managing Inventory in Small Businesses
Imagine this: You’re a small or medium startup entrepreneur and your business is on the raise. Customers and clients are adding up everyday, your products are moving off the shelves. All of a sudden, an unexpected major issue hits your brand—a popular item is out of...
Mastering Break-Even Analysis for Startup Success
Launching a startup is a thrilling journey filled with visions of innovation and dreams of unmatched success. Yet, it’s also a path riddled with financial uncertainties that can be daunting for even the most seasoned entrepreneur. To address these challenges and steer...
Top 10 Mistakes to Avoid During Business Tax Filing
Even a small miscalculation or errors can result in costly consequences and legal issues. This is probably why even the most experienced business owners and entrepreneurs experience stress and anxiety during the tax season. Do you, too, fear the tax season and try to...