by Serena Reza | Budgeting, Business, Business growth, Business performance, Business planning, Cash flow, Financial Planning, Money
Do you see your business numbers as a friend or foe? If you are in business, what is your attitude towards your numbers? Do you like them, dislike them, or is it somewhere in between? That is what we are going to cover in this blog. If you think that money is...
by Serena Reza | Budgeting, Business, business advice, Business growth, Business performance, Money
Your business cash story is a big deal. It contributes to business continuity, survival, and growth. Profits are what it all comes down to ultimately, but cash plays its own part in this narrative. Cash is what we see appearing and disappearing from our bank...
by Serena Reza | Break even, Budgeting, Business, Business growth, Profit
Business is all about making a profit, isn’t it? But in accounting, there are several terms used to express different kinds of profit. Ultimately, what should interest you is your operating profit. There are multiple names for operating profit. You might hear...
by Serena Reza | Budgeting, Business, Business growth, Business performance, business success, Financial Planning, Money, Profit
What is profit? We can define profit as “a financial gain, the difference between the amount earned and the amount spent”. Making a profit is essential for any business. There are several important elements that make up your business story – some more important...
by Serena Reza | Budgeting, Business, business advice, Business growth, Business planning, business success, Business survival, Cash flow
Decision making when things are calm is not the same as decision making under uncertainty. Because when it’s business as usual, you pretty much just follow the strategy laid out in your business plan, and take action that you’ve planned out beforehand. But...
by Serena Reza | Break even, Budgeting, Business, business advice, Business growth, Business performance, Business planning, business success, Business survival, Profit
To understand break even, you first need to know the components involved with business activity. But how do you find out what your business requires to break even? What is break even in business? Your business breaks even when your sales cover all your costs...
