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Tag: Profit and Loss

Creating a Business Budget

What is a budget? It is a plan to: 1. control your finances 2. enable you to make confident financial decisions and meet your objectives 3. ensure you have enough

Is Cloud Accounting Right For You?

Cloud Accounting or online accounting has garnered a significant stake in today’s globalised market. It is very similar to your old accounting software, however your information is no longer stored

How Profitable Businesses Can Go Bust

How can a business making plenty of sales possibly go bust, you may wonder? The answer is cash. Your cash can be in a surprising number of places other than

Prioritising Your Cash Flow

Managing your cash flow is more than simply looking at what goes in and out of your accounts and paying your bills on time. Here, we suggest how to prioritise

Controlling Business Expenses

One of the key challenges for business of any size, is that of controlling expenses. It’s also one of the daily challenges in our personal lives! Sort out your needs

Managing Creditors in the Quiet Season

You’re riding high, cash flow is great and all your bills are getting paid and then… the quiet season approaches…. Prepare in Advance If you know (by reviewing your P&L

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