The 6 Most Important Numbers You Need to Know to Grow Your Small Business

In order to grow your business, you need to understand how you’re faring. Financial numbers provide you with an accurate picture of your performance, but as a busy business owner it’s unlikely that you have the time or the inclination to spend hours pouring over complex numbers. However, ignoring your financial numbers is likely to […]

Six Steps for Creating an Effective Business Budget

Every business owner must know where the money in their company comes from and where it goes. That’s why financial management is one of the most important things to keep in mind. What is a business budget? Simply put, it’s a financial plan that gives a company relevant information on revenue, expenditure, and capital. Business […]

The Profit-Boosting Benefits of Digitising Your Small Business

There’s never been a better time to digitise your small business. The past few years have highlighted the importance of organisational agility and digitisation greatly strengthens this, allowing for rapid innovation and adaptation to market shifts. Furthermore, a Microsoft study of 23 Singaporean companies found that small and medium businesses (SMEs) stand to increase their […]

How an Accountant Can Help Your Small Business to Succeed

They say that behind every good business is a great accountant, and it’s true! A great accountant does far more than save you money on your tax return – although that certainly is an attractive benefit. Hiring a great accountant isn’t just about remaining compliant; it’s a big step towards improving the financial health of […]

Creating a New Process – The Seven Steps to Follow for Documenting Your Process

New processes that aren’t yet proven within a company need to be handled with care. Documenting them is the best way to keep track of aspects that work right and those that don’t. Process documentation can help you understand the effectiveness and if your processes require some adjusting. A functional business process should be easily […]

6 Reasons to Swap Spreadsheets for Cloud Accounting Software

Many small business owners have been using spreadsheets to do their accounting for years now. Whilst spreadsheets may seem like a convenient and cost-effective way of managing your finances, advances in cloud accounting software mean that your business could most likely benefit from an upgrade. Let’s take a look at why you should swap your […]

5 Strategies to Generate More Leads for Your Small Business

Every sale starts with a lead, so as a small business owner you naturally want to generate more of them in order to fill your sales funnel. We have five straightforward strategies to help you leverage your online presence to generate more leads for your small business and convert them into sales.  1. Pay Attention […]

4 Ways Your Startup Can Boost Profitability in the Wake of the Pandemic

There’s no denying that the covid-19 pandemic has been a difficult time for startup enterprises. If the past year or so has proven anything, it’s that the agile organisations are the ones who are set to survive. There are ways you can boost profitability during these uncertain times, and it’s not all about cutting costs, […]