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How To Price Your Products

by Serena Reza | Business planning, business success, Money, Not for Profit, Profit

  Are you sure that you’ve priced your products well? Or maybe you’re at the beginning of your business journey and you’re wondering what the best way to do it is. This blog will teach you how to price your products based on different pricing strategies so that...

Gross Profit & Your Business

by Serena Reza | business advice, Business growth, Business performance, Business planning, Management accounting

  Knowing your gross profit is one of the most important steps to understanding the health of your business. Gross profit is the amount of money a company makes after subtracting the cost of goods sold from total revenue.  In this blog, we are going to look at...

How Operational Gearing Affects Business

by Serena Reza | Business, Business planning, Business survival, Money, Not for Profit, Operational gearing

  The topic of this blog is how operational gearing affects your business. In a nutshell, it shows much risk you have and affects your survival, growth, and prosperity. But let’s take a step-by-step approach and start with operational gearing first. Operational...

Decision Making Under Uncertainty

by Serena Reza | Budgeting, Business, business advice, Business growth, Business planning, business success, Business survival, Cash flow

  Decision making when things are calm is not the same as decision making under uncertainty. Because when it’s business as usual, you pretty much just follow the strategy laid out in your business plan, and take action that you’ve planned out beforehand. But...

What Is Break Even In Business?

by Serena Reza | Break even, Budgeting, Business, business advice, Business growth, Business performance, Business planning, business success, Business survival, Profit

  To understand break even, you first need to know the components involved with business activity. But how do you find out what your business requires to break even? What is break even in business? Your business breaks even when your sales cover all your costs...

Cashflow Forecast Guide

by Serena Reza | business advice, Business growth, Business planning, Cash flow, Financial Planning, Financial projections

  Building your cashflow forecast might seem unnecessary to some – at a first glance, that is. That’s why, this cashflow forecast guide aims to explain why you need one and how to build it. Because, you might be thinking, “I don’t need one...
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