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Accounting is a vital profession that forms the backbone of the business world. What is an accountant? A professional who prepares, manages, and analyses financial records and reports. They also ensure compliance with financial laws and regulations. Accountants are more than number crunchers; they’re financial storytellers, interpreting financial data to guide businesses toward success.
What Does an Accountant Do? Read More »
Starting a new business is an exciting and challenging journey. Managing payroll is one of the most important aspects of running a successful company. For many new business owners, navigating complex payroll laws and regulations can be confusing.
Payroll Guide: The Basics Employers Need To Know Read More »
Keeping track of your finances is essential for any business, large and small. This is particularly vital for small companies, where individual sales and expenses can make far more of an impact on their profits and losses than they would in huge enterprise businesses. One of the forms of reporting and documentation that should be
How to Create a P&L Statement Read More »
Having gone through a tumultuous period, you would have realised by now the importance of staying on top of your finances. Ostensibly businesses that have prevailed to date possessed the financial resources to see them through the latter half of the current financial year.
How to stay on top of your business’ finances Read More »
Never underestimate the discipline needed to make a budget work for your business. In the course of a financial year, you may be tempted to spend off-budget but these temptations can be avoided. In this post, you’ll find five top tips to help you stay on top of your budget.
How to stay on top of your budget Read More »
A small business is equally vulnerable to the tides of economic change. While change isn’t bad in itself, it can throw you off balance. Whether you survive or thrive depends on how prepared you are.
How to implement an effective contingency plan Read More »
With the end of the financial year around the corner, you’re probably busy planning for the next one given the prevailing economic malaise. However, there will be significant differences in the way you approach it for 2020/21. As a small business, you may have realised the cushion between survival and collapse is very thin. In
How to plan a budget in a crisis Read More »
