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
In the midst of a global pandemic, now more than ever, it is important as a business owner to have a good handle on your business’s cash needs. While some parts of the economy are starting to open back up, many businesses are only just starting to feel the full impact of dropping sales figures over the last couple of months.
Read MoreTopics: Business Improvement, Business Planning, Cash Flow
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
Recent global events have tested the mettle of management and boards everywhere. Some businesses will emerge stronger and, sadly, some will cease to exist in their current form.
Read MoreTopics: Business Improvement, Business Continuity Planning, COVID-19
