Working Capital is a difficult financial concept for small business owners to understand. It is predefined as the difference between a company’s current assets and current liabilities. Working capital of a business can be measured through its operating cycle. The operating cycle … [Read more...]
5 Ways to Reduce Your Company T&E Costs
How to save on T&E costs? Expenses management is an increasing challenge for companies. It becomes even more complex as they grow and the requirement for travels to meet customers and suppliers is becoming a daily routine. In this article, you will discover 5 ways to cut your … [Read more...]
The Hidden Costs of Running a Business
Being a business owner is a responsible task. Besides handling the workload, managing tasks and meeting with the employees, it is normal to miss some things. However, while some things may not affect you that much if you neglect them, there are matters which can produce hidden … [Read more...]
How to Price Your Services Correctly
In starting a business, it always pays to have a knack of knowing how much to charge for your services that can draw customers and gain more profit. However, for beginner entrepreneurs, this can be a daunting task. Knowing how to price requires practice, and the more you learn, … [Read more...]