Maintaining fiscal discipline is crucial for the survival and growth of small businesses. Efficient banking systems play a significant role in managing finances, streamlining operations, and ensuring that the business stays on track financially. Here are some recommended banking systems…
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This blog explores the concept of a profit-centric model of business and how it can lead to better cash flow management for small businesses. The profit-first system challenges the conventional revenue-centric model of businesses. It argues that higher revenues don’t…
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Cash flow management stands as a critical determinant of early-stage startup success. In the volatile terrain of entrepreneurship, mastering the art of cash flow becomes paramount for survival and growth. A healthy cash flow reduces the financial stress and helps…
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In the fast-paced world of startups, financial consultancy services are becoming increasingly indispensable. As fledgling businesses navigate the complexities of funding, financial planning, and compliance, they rely on expert guidance to steer them towards success. Here are some key trends…
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Understanding CFO KPIs (Key Performance Indicators) requires a closer look at the two major tasks that CFOs deal regularly- financial reporting and making financial decisions. To conduct these tasks effectively, a specific set of financial KPIs are utilized as a…
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Slowly but surely, AI is permeating all aspects of our lives let alone the business industry. In this blog, we will touch upon some aspects of AI-powered accounting and bookkeeping services. AI, if deployed wisely, is a powerful tool that…
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Outsourced CFO services refer to financial management and strategic advice provided by a Chief Financial Officer (CFO) to a company on a part-time or project basis. Rather than hiring a full-time CFO, a company can outsource these services to a…
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What is driving the global entrepreneurial phenomenon in the UAE, and what are the key factors strengthening UAE’s appeal as a global commercial hub? Interestingly, UAE outperformed the Netherlands and Finland in the Global Entrepreneurship Monitoring Report 2022 cementing its…
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Growing your small business is the next step once you have firmly established your presence in the market. Your scale-up journey depends on how well you can grow your profits. For your business to be successful all aspects of your…
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A blueprint of your business vision is essential to communicate your assumptions about future revenue, expenses and strap your boots against any unexpected changes. Investors, employees, lenders often rely on financial forecasts to understand your strategic plan for the company.…
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