There are so many small business owners that are great at coming up with innovative ideas and creating game-changing products and services. Unfortunately, the majority don’t have basic knowledge about bookkeeping. That is perfectly normal since there is plenty to learn, and if … [Read more...]
5 Tips for Creating Business Budgets
One of the vital tools to determine the financial impact of any business is budgeting. It is used to deal with future expenses and income, control the operational plans, continue the cash flow, determine the products or services you can sell, and review the market operations, … [Read more...]
Essential Tips for Startup Grant Funding
Funding a startup can be a difficult and stressful time. When you do this, it’s important to consider your options. For instance, there are over 200 government grants available to UK businesses. This can be a favourable option for many small companies. Often these won’t need … [Read more...]
Make Better Business Decisions – Perform a Detailed Financial Forecast (Infographic)
One of the best tools a business can utilize to know where it currently stands and where it needs to go to achieve its financial objectives and goals is the financial forecast. What is a Financial Forecast? For the uninitiated, a financial forecast is a fiscal … [Read more...]
How to Build a Crowdfunding Business
More than 95% of all companies fail in the first five years of their business development. The most common difficulty entrepreneurs face during this period is the lack of investment funds. Most new businesses are not able to produce a solid cash flow that can be reinvested into … [Read more...]
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