If you’re a produce business owner, there are several accounting requirements that should be top of mind to not only maximize your revenue opportunities, but stay organized and compliant while doing so. Without a proper understanding of bookkeeping basics, it can be difficult to make sound financial decisions. To help guide you in the right […]
Running a business requires a constant cash source. You need it to keep up with the day-to-day operations. This includes paying suppliers, salaries, and logistics. Some entrepreneurs will use personal credit cards to pay such expenses. But, what you are doing is mixing personal and business finances. Talk to any financial expert and they will […]
Financial modelling is essential to build an economically viable business. It is useful in quantifying your business plan, business model, assumptions, and visions to determine whether you can convert your ideas into a sustainable business. There are several financial modelling techniques, some of which, when used together, can better prepare you for the future in […]
Owning a rental property is one of the best investments an investor can make in real estate. Before getting into this lucrative market, though, an in-depth analysis must be carried out. Most real estate investors buy rental properties based on their “gut feeling” without taking time to account for operating expenses. Consequently, they’re bound to […]