by Serena Reza | Business, Business growth, Business planning, Cash flow, Financial projections, Money
What is turnover in business? We’re here to answer that question for you. If you’ve been looking to get a grasp of what turnover is, then it certainly doesn’t help that there are different terms for it. As a result, you’re left wondering what they mean when they use...
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, business advice, Business partnerships, Business planning, business success
Making your business partnership work can be daunting if you have never had a partnership. If you intend to start a partnership with a friend or a family member, you should consider many things. Do not assume that just because you get along in a personal...
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 | 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 | 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...