by Serena Reza | Business, business advice, Business planning, Financial Planning, Profit, Uncategorized
Wondering how to price your products or services so you can make a profit? It’s not as simple as it seems because it involves several things to consider. That’s why figuring out the right price is one of the biggest challenges business owners face. There are...
by Serena Reza | Budgeting, Business, Business growth, Business performance, Cash flow, Financial Planning, Money, Profit
Running a business means setting clear goals that you would like to achieve as a business owner. Whether that is to provide services or manufacture products, you must have a defined target and strive to reach it. Certainly, one of your goals should be making...
by Serena Reza | Business performance, Business planning, Financial Planning, Profit
Do you want to reduce your costs by 25% to 30%? If so, then target costing is the right choice for you. Therefore pricing using target costing can help you cut costs without sacrificing quality. Traditional and target costing – differences The two methods...
by Serena Reza | business advice, Business performance, Cash flow, Financial Planning, Management accounting
Financial statements explained is the topic of this blog (and vlog). And it will serve as a guide to you so that you can better understand them. Why do you need to know about financial statements? Because the financial statements form the bedrock of any...
by Serena Reza | Business, Business growth, Business performance, Financial Planning, Money, Profit
Making as many sales as possible is the goal of every business. Whichever service you offer to your customers, that is going to be what you’re aiming for. However, what really lies behind a successful business story is the profit generated from these sales. In...
by Serena Reza | Budgeting, Business, Business growth, Business performance, Business planning, Cash flow, Financial Planning, Money
Do you see your business numbers as a friend or foe? If you are in business, what is your attitude towards your numbers? Do you like them, dislike them, or is it somewhere in between? That is what we are going to cover in this blog. If you think that money is...
