Five Effective Risk Control Strategies

  Dealing with risk is an inherent aspect of business management. The way you prepare for risk is the most important factor in determining the longevity of your enterprise. Businesses of all sizes have to contest with the possibility of unexpected events occurring, but it’s how you plan for and react to such scenarios that … Continued

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Raising capital in your business

Taking out a business loan may be your first plan of action for financing large business growth. But there are excellent reasons to consider other options for finding capital to expand your business for daily growth. For one, it can be very difficult for a small business to secure financing, especially in the early days. … Continued

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Strengthening your balance sheet

  Your balance sheet (now more correctly called a Statement of Financial Position) reveals a great deal about your business, including the total value of your assets – the things you own; how much you owe to others – your liabilities; and the level of your solvency. These three aspects will be studied carefully by … Continued

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10 quick growth tips for your small business

Small businesses can grow in boom times as well as periods of difficulty by working smarter and taking advantage of opportunities. Put these following effective tips into practise to help grow your business. 1. Utilise new technology Modern technology can save you time, improve productivity and reduce your operational costs. Make use of Facebook, Twitter, … Continued

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Cloud-based accounting software ‘is not the silver bullet’

Source: AFR Data security concerns that have impeded the uptake of internet-based accounting software are easing, according to new research by Wolters Kluwer subsidiary CCH. However, there is growing concern that the pendulum has swung too far, and poor-quality data captured in these software systems is being used to inform bad strategic decisions. 

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