4 Steps to Increase Profitability for Your Business

4 Steps to Increase Profitability for Your Business

Your small business may be turning over a decent sum of money. But how much of it do you actually get to keep? The pandemic has presented huge challenges for businesses and seriously impacted profits. Therefore we have put together 4 steps to increase the...

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Four Steps to a Successful Profitability Analysis

Four Steps to a Successful Profitability Analysis

Are you uncertain about the level of success you achieve? Complete a profitability analysis to get an overview of your finances. Not enough companies run a profitability analysis - a defining indicator of profit. This analysis relates to costs and overall revenue, and...

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Using the Profit First Method as a Business Owner

Using the Profit First Method as a Business Owner

The Profit First method is an increasingly popular money management system. It helps businesses to grow by deducting their profit first. It was designed by American author and entrepreneur Mike Michalowitz with small businesses in mind. In this article, we’ve outlined...

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4 Cash Flow Mistakes that Business Owners Make

4 Cash Flow Mistakes that Business Owners Make

Good cash flow is essential to the financial health of your business. In finance terms, cash is comparable to food - without it, your business will run into health problems and eventually starve. Cash flow problems are one of the main reasons that businesses fail, so...

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The 5 Vital Parts of a Good Cash Flow Forecast

The 5 Vital Parts of a Good Cash Flow Forecast

Not sure where you stand and where your business is heading? A cash flow forecast can give you a good idea.Before listing the components of a cash flow forecast, it’s crucial to understand the concept of what this kind of forecast is. Essentially, it’s a vital tool...

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4 Reasons to Digitise Your Business ASAP

4 Reasons to Digitise Your Business ASAP

In the past, digitising a business was an expensive and time-consuming process. Today it’s not only easier, it’s practically mandatory if you want to see your business achieve success. Technology can streamline working processes, boost employee morale and improve user...

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How to Automate Invoicing and Get Paid Faster

How to Automate Invoicing and Get Paid Faster

Why create the same invoices over and over again when you can automate the process? Check out the best practices in invoice automation. Business owners know that time is money. So why spend a lot of time on repetitive tasks when you can automate them? This article...

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7 reasons to use online accounting software

7 reasons to use online accounting software

Everything is completed online now, and accounting is no exception. Online accounting software has a number of benefits for your business. Setting it up as soon as possible gets you in a good starting place for financial success. Many people debate the benefits of...

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