Watching businesses deal with recent business conditions reveals that some are struggling for survival while others are ‘going gangbusters’. Businesses at both of these extremes share one priority… which is to carefully manage cash.
Read MoreTopics: Business Continuity Planning, COVID-19
As accountants, we want our clients to build resilient and successful businesses. That means overcoming the challenges and pursuing the opportunities presented by current market conditions. Leaders of resilient businesses ensure they understand their market, especially the customers and competition.
Read MoreTopics: Business Improvement, Business Planning, Business Continuity Planning
As accountants, we strive to help our clients build resilient and successful businesses. In the current business environment, there are both challenges and opportunities.
Topics: Business Improvement, Business Planning, Business Continuity Planning
As accountants, we need to understand our clients’ business models. In very simple terms, a business model refers to “the way a business makes money”. Take a retailer, for example, who buys and displays products of interest to customers. By attracting people into their store, they sell those products and make a profit, provided the sales price exceeds the costs of supplying that product.
Topics: Business Improvement, Business Planning, Business Continuity Planning
As a business owner, there is always something to do, however many owners often spend more time working in the business than they do on the business.
Read MoreTopics: Business Improvement, Business Continuity Planning, COVID-19
