by Serena Reza | Business, business advice, Business growth, Business performance, business success
Business objectives are the specific goals that a company sets for itself in order to achieve success. Your business plan is nothing without your business objectives and goals. They are the driving force behind a company’s decision-making process, and...
by Serena Reza | business advice, Business growth, Business performance, Business planning, business success, Financial Planning, Financial projections
Planning is an essential process for any business, regardless of its size or industry. It involves setting objectives, developing strategies, and laying out the actions needed to achieve them. Remember if you want your business to be successful, you need to get...
by Serena Reza | Business, business advice, Business growth, Business performance, Business planning, business success, Business survival
Organisations that thrive and do well have the element of business resilience. Resilient companies are those that will be most likely to push through challenging or uncertain times. What is business resilience? Business resilience is what makes a company adapt...
by Serena Reza | business advice, Business growth, Business performance, Business planning, Management accounting
Knowing your gross profit is one of the most important steps to understanding the health of your business. Gross profit is the amount of money a company makes after subtracting the cost of goods sold from total revenue. In this blog, we are going to look at...
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...
