Empowering Your Business:
Insights and Strategies for Financial Success
Almost all industries are threatened by the effects of climate change, either directly or indirectly and most countries are working towards net zero carbon emissions by 2050, but in the meantime, it will probably get worse before it gets better. Read more.
Working capital is the cash you have each month to cover any expenses. If your overheads are $100,000 a month, and you want 3 months in advance at all times, then your working capital requirement is $300,000. Read more.
Although the impact of rising interest rates varies by business, it’s usually preferable for most small businesses to have low-interest rates. Locked in, stable interest rates enable businesses to plan ahead and budget against the repayment schedule. Read more.
If you are struggling to find customers due to an unexpected crisis, cash flow is critical to keep the business running while buying time to recover. Here are some ways to create a stronger business. Read more.
There are generally five ways to increase your profit in your business, each having a multiplier effect. Rather than trying to double your sales which is often difficult to do in a short period of time, you’re better to try and increase each of these five aspects by 10% for cumulative results. Read more.