Have you ever thought about product grouping? Or has it been something you’ve put on the shelf and it’s been collecting dust? How does it get you a greater financial understanding of your business? How product grouping can help Above all by looking at your...
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...
We're all on a budget, and I bet we've all done budgeting in one way or another. But, before we go into comparing the two, we need to clarify what a budget is. What is a budget? It's really a plan for spending the money you have or the money you expect to have...
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 of those. I'm not going...
Are you a business owner who is looking to write a financial plan for your company? If so, you're in luck! In this blog, I will be teaching you how to write a business financial plan that is both accurate and achievable. So, whether you're just starting out or...
Financial accountability is defined as being responsible for the way you use and manage your money. So, are you financially accountable? Or, maybe you’re finding it difficult? You’re not sure where to start, or you feel like you're constantly falling behind....
Do you want to find out how to make financial projections and how to do it realistically? Here’s an easy-to-understand guide about making financial projections. A financial projection - meaning A financial projection is a forecast of the revenue and expenses...
Do you ever feel like you're stuck in a Groundhog Day-style loop of procrastination when it comes to your finances? You know you need to do some planning and organising, but for some reason you just can't get started. The more you put it off, the more anxious...
Why on earth should you be bothered about Financial Story Planning ? Launching a small business can be a very exhilarating experience, although it can also be quite overwhelming at the same time. So, with all your goals clearly drawn out, it’s also important...
A good budget planner for small business is a must for businesses that want to stay ahead of the competitive curve by keeping on top of their finances . Whether it’s financial management or expense tracking, for example, the right budgeting and forecasting...