January 6, 2022

What Essential Fintech Skills Do Organizations Need?

The world is going completely digital and there is no second guessing to it! Digital nomads manage a business from anywhere. With technological advancements, the entire landscape of how things work on the business end has transformed drastically. While technological interventions have proved out to be quite productive, we will discuss one of the famous combinations with technology –  Fintech! What essential fintech skills do organizations need?
January 4, 2022
WACC

Weighted Average Cost of Capital (WACC)? | Definition

We know that a good Return on Invested Capital is required to attract investors, but we also need our cost of capital (i.e. debt interest) to be lower than our Return on Invested Capital (what we do with investor money). The idea is to find cash for as little as possible and then invest it in projects within your company that will return as much as possible for less than the cost of capital. What is the weighted average cost of capital (WACC) and how is it calculated?
December 23, 2021
Business Debt

How to Save Your Struggling Small Business

The coronavirus (COVID-19) pandemic has hampered small businesses around the world — and your company is no exception. Like many small businesses, your company may be managing business income loss and struggling to stay afloat during the pandemic. Learn how to save your struggling small business.
December 2, 2021
Accounting Cost Information

How Do You Keep Business and Personal Finances Separate?

One of the biggest financial mistakes that put businesses at risk is by mingling their personal and business finances. As a business owner, you don’t want to open yourself to liability or fall further into debt due to poor money management by letting your business and personal expenses mix. How do you keep business and personal finances separate?
December 1, 2021
Determine the Value of Your Business

How to Determine the Value of Your Business?

Whether you’re looking for a business valuation to sell your business or merely wondering what it’s worth in the current market, you may be at a loss as to where to start. In this post we are going to explain how to determine the value of your business?
November 5, 2021
Business Credit Scoring

Why is a Business Credit Score Important?

A business credit score is an indicator of your overall business financial health. It lets lenders and suppliers know you can pay your debts, and is a useful tool for cementing a reliable reputation.  But it is your credit policy that protects your business cash. Why is a business credit score important?
November 2, 2021
cash

How Do Businesses Manage Debt?

Debt has been a vilified aspect of finances for a very long time. Still, it will be naive to think that it is not a necessary part of running a business. When managed wisely, a short-term business loan can help you expand and hire new employees.  How do businesses manage debt?
October 27, 2021
Accounting Revenue Procedures

What is the Revenue Cycle in Accounting?

Proper identification of all sales are an important element of a companyƒ's income statement. Which Accounting Revenue Cycle Procedures should you utilize?
October 24, 2021
Purchasing Process Procedures

What are Basic Purchasing Process Procedures?

Purchasing Procedures provide vendor selection and purchasing controls. Which ones should your company be sure to utilize?