We are all impacted by the virus pandemic one way or another. I like to convince myself that things are not too bad. If we look from a bright side, at least more than 80% of people are still employed. However, many people are still not confident about the future. As a result, we hold… Read More Are we falling into a zombie economic situation?
Maintaining tight control over fixed and variable expenses is an essential part of maximising cash flow and profits in your small business. There are a number of techniques you can employ to manage expenses and prepare for unforeseen costs over the year. Below are some suggestions to better control expenses. 1. Make a plan You… Read More 7 tips to reduce expenses in your small business
Do you agree that having a financial plan with forecast is a good thing to do for your small business? If you do, do you have one? My guess is not many small business owners devote their busy schedule to work on a financial plan. One of the reasons of not having a financial plan… Read More Why a financial plan is important to your small business