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Business Partner Magazine

Tips and advice for entrepreneurs, start-ups and SMEs

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Staying In the Black: 5 Tips for Managing Your Finances

July 12, 2021 by BPM Team

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Finance management may sound like a big word, but it simply implies creating a plan for your money so you can get the most of it. The plan involves budgeting, saving, avoiding debts, and investing your money for the future. Here is a guide on how to gain control over your money … [Read more...]

5 Ways an Expense Management Software Helps Control Employee Expenses

July 8, 2021 by BPM Team

Light bulbs are placed in business documents and financial accounting concepts.

The COVID-19 pandemic changed how businesses function forever. With remote working, employees no longer needed to work under one roof to get the job done. Unfortunately, this opened up Pandora's box of expense policy violations and expense fraud owing to distributed teams and … [Read more...]

6 Helpful Tax Deductions for Small Businesses

July 7, 2021 by BPM Team

Small Wooden house and taxes on the desktop

Often referred to as “write-offs,” tax deductions are expenses your company does not have to claim as taxable income, thus resulting in less money owed to the government. In simple terms, if a company makes $1,000, a percentage of that is given to the state in taxes. If $500 of … [Read more...]

Ways of Reducing your Operational Costs to Maximize Your Profitability

June 25, 2021 by BPM Team

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It's the goal of every entrepreneur to have their business operating at a profit. However, it may not always be like that - you may make a loss or perform at an equilibrium. For a company to break even and grow, it must pay for its costs and be profitable. Here are ways to … [Read more...]

Keeping Overhead Costs Low in Your Small Business

June 19, 2021 by BPM Team

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Most business owners do not think about how to keep small business overhead costs low. It can be tough to remember everything since a small business owner needs to think about things like a phone answering service and hiring employees. After all, the reason that a … [Read more...]

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