Our experts have attempted to put together an estimate for our readers in this week’s edition of Let’s Talk to make budgeting easier and to understand common startup costs.
What do all successful businesses have in common? They’ve managed their finances effectively with good bookkeeping habits. Every business – no matter its size – needs an organised financial recording system to keep track of its expenses. Adopt these 5 bookkeeping habits to stay on top of your business’s finances. Invest In the Right Software […]
Successful entrepreneurs have lots of things in spades – great ideas, the passion to bring them to life and the guts to turn them into a business. But budgets are tight in the startup world and an entrepreneur also needs to be great at managing them. Couple this skill with the right mix of work […]
Business travel can turn complicated if it’s not well managed, specially when it comes to travel expenses and making sure these are under control and within budget. In the last few weeks, we’ve seen even the government struggle to manage politicians’ travel expenses. The reality is, today there is technology available that makes it easy […]
Fixed costs can be a killer in any business – they can creep into any organisation slowly and choke it like a pervasive weed. Here’s how one specialist suggests you manage these difficult expenses.
How well do you track and monitor employee expenses? Could your organisation be one step away from a media scandal? Here’s some expert advice for managing this responsibility.
A large part of business efficiency is ensuring that any expense incurred is spent in the best way possible to progress the business. The idea of cutting expenses endlessly may well not prove the best way forward – instead, expenses should be carefully monitored at all times.
Electricity prices are only going to continue to climb this year, which is why Rhys Clay says it’s time businesses act against power expenses now.
“Some businesses may be able to significantly reduce their electricity bill by directly negotiating an open-contract for electricity supply.”
Sid Edwards blogs about using the Christmas season as a time to plan for your business’ future.
“The Christmas break is a time for family and to recharge, however it is also a time when business owners can reflect on the past year and review their decisions over that year to evaluate what has worked and what hasn’t worked so well.”
