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5 Simple but Effective Marketing Ideas for Small Businesses in 2023
It’s no secret that the world changed drastically in 2020 and whilst some of those changes were temporary, the way we do business has shifted forever. As a result, the way that small businesses market themselves must shift, too. This situation certainly presents its...
5 Powerful Growth Strategies for Your Small Business
Every business owner starts out brimming with motivation and enthusiasm, and yet according to the US Bureau of Labor Statistics, 20% of small businesses fail within the first year. Jump ahead to five years and that number rises to a terrifying 70%. These numbers are...
4 Effective Ways to Accelerate the Growth of Your Small Business
Growing your small business is incredibly exciting, but it’s often a nerve-wracking experience at the same time. Growth requires you to invest a significant amount of time and money, and it can take a while before you begin to reap the rewards. This article contains...
Top 5 Mistakes That Give Construction Companies Inaccurate Data
1) Not Matching Sales and Costs Correctly: In construction it is likely that you will have projects that span weeks, even months or years. If you are not allocating sales and costs in the correct periods that they relate to, your figures and margins will be...
Top 10 Ways to Improve Cashflow
1) Speed up customer payments: Consider offering discounts for faster payment. It may sound counter intuitive, but if you offer a 2.5% discount and with the cash injection can clear a loan or credit card at 9% then it may be beneficial. Build a system and use software...
Why Businesses Don’t Focus on Cashflow
🕒 Time Constraints: Running a business demands constant attention and energy, leaving entrepreneurs with little time to delve into the nitty-gritty of cash flow management. However, taking some time to understand and monitor your cash flow can save you from...
Mastering the Art of Accurate Reporting
Accurate reporting isn't just about crunching numbers; it's a commitment to precision and integrity. It's the process of translating complex financial data into clear, concise, and reliable information that drives informed decision-making. Here's what accurate...
Increasing Cashflow and Achieving Success in the Construction Industry!
As an experienced accountant specialising in serving clients within the dynamic construction industry, I have witnessed firsthand the challenges and opportunities that businesses face. Today, I want to share some valuable insights on how construction companies can...
📊 Understanding Cashflow: The Lifeblood of Financial Success 📊
Today, I want to shed some light on a crucial aspect of financial management - Cashflow! As an accountant, I've come to realize that having a solid grasp of cashflow can make all the difference in achieving sustainable business growth and success. Let's dive in!...
Making Informed Decisions: The Key to Success in Business! 🚀
As an accountant, I have witnessed firsthand the power of making informed decisions in the world of business. In today's rapidly evolving economic landscape, staying ahead requires more than just crunching numbers; it demands strategic thinking and prudent choices....
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