The lack of an accounting system is one of the top causes of small business cash flow issues. This is a scary fact for non-accountants and people operating on a shoe-string budget. Luckily, you don’t need to work all the metrics with the birth of expense trackers. Here is what to … [Read more...]
Tactics to Make Your SaaS Business More Profitable in 2021
Software as a Service (SaaS) has seen a considerable surge in recent years and is forecast to grow by 18% between now and 2023. For those who are involved with SaaS software, this spells very exciting potential but, as with any business, there are challenges to be overcome. In … [Read more...]
5 Reasons Why Should Consider Liquidating A Bad Business
Liquidation is the process of taking a business to an end and sharing its assets with claimants. This situation usually occurs during the insolvent of a company, meaning it cannot pay its debts when they are due. Lifting up a business is not easy as it requires hard work, … [Read more...]
5 Ways Hotels Can Cut Costs and Create More Profit Margins
It needs no saying that minute adjustments can lead to major changes in the economic environment. Well, this holds true for the hotel industry as well. Rather than focusing only on acquiring leads and converting them, putting in small efforts towards cutting unnecessary expenses … [Read more...]
Bottom Line Is Everything: 8 Ways to Increase Productivity in Your Manufacturing Business
Profits build bottom lines. But profits are revenues net of operating expenses. Those expenses include the burden incurred by a business’s working people. One-and-only one metric of employee value is a measure of their productivity. It’s a vague metric. It isn’t easy to … [Read more...]
