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...
by Serena Reza | business advice, Business growth, Business planning, Cash flow, Financial Planning, Financial projections
Building your cashflow forecast might seem unnecessary to some – at a first glance, that is. That’s why, this cashflow forecast guide aims to explain why you need one and how to build it. Because, you might be thinking, “I don’t need one...
by Serena Reza | business advice, Business growth, Business performance, Business planning, business success
Setting the right business targets can seem daunting, but it need not be. We will help you to choose the right targets for your business, and provide tips on how to reach them. Why targets are important The first thing that we want to make sure of is explain...
by Serena Reza | Business growth, Business planning, business success, Business survival, Financial Planning
Are you a business owner who is looking to write a financial plan for your company? If so, you’re in luck! In this blog, I will be teaching you how to write a business financial plan that is both accurate and achievable. So, whether you’re just...
