Growth

As a new business owner, there will be a variety of financial reports and terms that you may not be...

The prudence concept is a core accounting principle that means choosing conservative methods to understate assets and overstate liabilities, anticipating...

When looking to assess your business’ financial performance, one of the most important metrics to keep in mind is EBIT...

Today we take a look at the risks and rewards of starting a business. Starting your own business can be...

The Sortino ratio is a risk-adjusted performance measure that is similar to the Sharpe ratio. Learn why it is important...

In the world of business, there’s a critical distinction between different types of profit that can impact decisions at every...

Like all businesses, starting a photography business isn’t as simple as registering and getting hired as a freelancer in photojournalism....

If you're reviewing the intricacies of financial reporting or wish to streamline your business’ financial statements, this blog post is...

Data is an invaluable resource that businesses cannot afford to ignore. However, how do you get actionable insights from such...

In the landscape of financial management, direct costs stand out as one of the key players. However, if you are...

Even before Microsoft Excel revolutionised the spreadsheet game, businesses have been using spreadsheet-based formats to assist with their success.

Having a business planning cycle helps your vision to keep on track, but what exactly is the process? Read more...

Management reporting is a type of report given to management-level employees within a business. A management report typically involves employees...

The burden of excessive bureaucracy is one of the leading causes of lost productivity for businesses. Admin, record keeping and...

Capital budgeting enables informed decision-making regarding the allocation of financial resources for projects that contribute to the company's growth and...

In today's competitive digital era, curating a strong online presence is paramount for the success of your small business. You...

Capital budgeting enables informed decision-making regarding the allocation of financial resources for projects that contribute to the company's growth and...

Inflation, an ever-present economic phenomenon, can significantly impact our financial well-being, both as individuals and businesses. As we navigate the...

A break-even analysis is a critical metric for businesses as it provides valuable information about the minimum level of activity...

In the realm of finance, liquid assets are the lifeblood of financial flexibility. In this comprehensive guide, we delve into...

There are a huge variety of metrics that you will need to have understanding of when starting your own business....

Understanding all elements of cash flow - including retained cash flow - can be quite a tricky task. We are...

Debt factoring is a financial transaction in which a business sells its accounts receivable, or outstanding invoices, to a third-party...

Debt factoring is a financial transaction in which a business sells its accounts receivable, or outstanding invoices, to a third-party...

Risk-taking is an essential part of entrepreneurship, and it's what sets successful entrepreneurs apart from the rest. In this article,...

Understanding cash flow and the differences between cash inflow and cash outflow is critical for managing your business finances with...

Thinking about when to hire an accountant can be a difficult task. How could you possibly decide upon which accountant...

Choosing a new accountant for your business is an important decision that can greatly impact your financial success, and it...

An aged debtors report is a financial report that shows the amounts owed to a business by its customers, classified...

One of the major benefits of being an e-commerce business owner is the ability to connect your e-commerce platform to...

Once you've created a cash flow forecast, you're in a great position to start examining future scenarios for your business....