There are many things every business, including small businesses need for growth and survival. One of such is financial support. Money is needed to pay workers, purchase materials for work, and settle financial obligations, among others. However, one of the challenges business owners have battled with for long has to do with getting funding. In this article, I provide a…
The first month of the year ended some few days ago and we are in a new month but have you stopped to consider how January performed, especially against targets and against January 2018? This article explains how you can do that by using budgets. If you do not have a budget for your business, we will provide a template…
A new year is fast approaching, and every business owner is looking forward to a much more promising year ahead. There were peak seasons of great sales and months that didn’t look as good; direct or indirect costs were too much to control due to internal and external business pressures. Anyways, 2019 is coming with its own expectations and business…
It is now widely accepted that cash is king and at the same time, the lifeblood of any business. Imagine this situation in a cash strapped workplace: there is little cash to purchase run-out inventory, creditors are making arrangements to sue due to prolonged non-payment of credit granted, workers have not received their remuneration for months, little funds are available…