In our blog post on How to Increase Profits in a Small Business, we shared some tips that we will now elaborate on. Strategies for business growth are below. Cut Costs while maintaining Standards For Business Growth Running a business is like walking a tightrope – you need to balance expenses without sacrificing quality. Here are some […]
You don’t need to be a financial wizard to boost your bottom line (profits 😊). Here are some simple tips to help increase your small business profits! Ehm…. those fancy office snacks are good for team culture (but expire and are thrown out due to low consumption), or that software subscription you swore you’d use […]
Ah, a Finance Business Partner (FBP) – the unsung hero of the business world, is the element behind company’s decision-making, and the person who tells stories with numbers. Not Just a Number Cruncher First off, let’s clear up a myth/fallacy, shall we? …… okay. An FBP is NOT a glorified accountant who does bookkeeping. An […]
In the royal realm of business, cash flow largely influences your business success, hence, the ruler that never loses its crown! No offense to the rest of your financial statements, but cash can make or break the game. Why is Cash the Royal Highness? Think of cash as the oxygen that your business breathes. Your […]
Running a small business and managing business risks do not seem a good combination as it can feel like walking a blindfolded tightrope while juggling flaming swords! From supply chain hiccups to that one “innocent” intern who accidentally deleted your entire database and to inventory approaching the expiry date, risks exist in every part of […]
As we approach the end of another calendar year, it is a good time to think carefully about your business’s performance (take stock, reflect) in the past months so that you can celebrate your business milestones and plan for the future. Small Wins Matter Let’s be real: not every day in business will be full […]
