by Serena Reza | Budgeting, Business, Business growth, Business performance, Cash flow, Financial Planning, Money, Profit
Running a business means setting clear goals that you would like to achieve as a business owner. Whether that is to provide services or manufacture products, you must have a defined target and strive to reach it. Certainly, one of your goals should be making...
by Serena Reza | Business performance, Business planning, Financial Planning, Profit
Do you want to reduce your costs by 25% to 30%? If so, then target costing is the right choice for you. Therefore pricing using target costing can help you cut costs without sacrificing quality. Traditional and target costing – differences The two methods...
by Serena Reza | business advice, Business performance, Cash flow, Financial Planning, Management accounting
Financial statements explained is the topic of this blog (and vlog). And it will serve as a guide to you so that you can better understand them. Why do you need to know about financial statements? Because the financial statements form the bedrock of any...
by Serena Reza | business advice, Business growth, Business performance, business success
Achieving business success is every business owner’s goal (and dream). But how to get there is another story. You’ll find lots of advice about how to reach success in business, but I’ve distilled all that into something that can be easy to remember and...
by Serena Reza | Business, business advice, Business growth, Business performance, Business planning
Feeling overwhelmed by your business goals? SMART targets can help you break down your goal into manageable chunks that are both realistic and achievable. You’ll be able to track your progress along the way and make necessary adjustments to ensure you...
by Serena Reza | Business, Business growth, Business performance, Financial Planning, Money, Profit
Making as many sales as possible is the goal of every business. Whichever service you offer to your customers, that is going to be what you’re aiming for. However, what really lies behind a successful business story is the profit generated from these sales. In...
