Blogs

There’s a lot to think about when starting a business for the first time and prudent money management should be at the very top of that list. It’s important to put financial best practices into place so that you can manage your money well and create good habits going forward. Let’s take a look at five essential money management tips you need to know about.

It’s no secret that marketing can be expensive. However, as a small business owner, you don’t have to spend a lot of money to get the word out about your products or services. In this blog post we will discuss three cost effective marketing strategies for small businesses to take advantage of right now.

The problem with accounting is that even the smallest of mistakes can eventually compound and become a giant problem. In fact, it usually takes far more time to correct an accounting error than to get it right in the first place. With that in mind, we’ve put together a list of the six most common accounting mistakes for small business owners to avoid.

Many small business owners operate under a DIY mindset, and whilst that is admirable, you’re often far better off sitting back and letting technology take care of tasks for you. This is certainly the case when it comes to payroll. Let’s take a look at six reasons why you should switch to payroll software.

As your small business grows, it will also encounter new and increasingly complex financial problems. In this day and age, a virtual CFO might just be the answer to your prayers. Let’s take a look at six key reasons why small business owners should outsource CFO services.

Business growth presents a huge challenge for small business owners. Sustainable growth requires careful forethought and preparation; you can’t build a solid house on shaky foundations. It’s easy to get swept up in all the excitement that accompanies business growth, but remember to take the time to prepare and organise your business to ensure that your growth is sustainable. The last thing you want to do is to end up damaging the business you have worked so hard to build. Let’s take a look at how to prepare your small business for sustainable growth.

Cash flow management is one of the most difficult parts of owning a small business. Even if your business is profitable, cash flow problems can make you feel like you’re in a never-ending cycle of feast and famine. If it seems as though money is leaving your business faster than it’s coming in, read on for seven ways to boost your cash flow and escape the financial see-saw ride.

We often hear about technology stealing jobs and making certain industries redundant. However, technology can also greatly enhance and improve your organisation, and drive your profits through the roof. By digitising your small business and using automation to streamline processes, you could see a huge increase in profitability. Here’s how to harness the power of technology and boost those margins.

Before you launch a startup, it’s essential to create a financial roadmap to give your new business a solid base. Of course, there are many factors and variables in place which make this process rather complex. That’s why we’ve broken it down step-by-step and put together this quick and useful guide to financing your startup business. Let’s dive in.

After a period of growth, you may be wondering whether or not it’s time to hire a CFO for your small business. On the one hand, CFOs offer top level financial advice and expertise that can take your business to the next level, but on the other, they are expensive and you may not be ready to commit to an in-house hire. Enter: outsourced CFOs.