Running a small business is not a breeze. It comes with various challenges; the most important one being managing and securing funds. When you start a new business or when you own a small business, …
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The importance of working capital in your business
Working capital is an important metric in businesses of all sizes. It tells you where your business stands when it comes to meeting current and short-term expenses. In other words, this metric helps you gauge …
Continue readingUnderstanding Money Management
Money management entails spending, budgeting, investing, saving or in another way methods employed in overseeing the finance inflow/outflow of a person or firm. In relation to the financial markets, the phrase “money management” connotes an …
Continue readingThe Savvy Entrepreneur’s Guide to Maximising Working Capital
Sustaining a good cash flow is vital to the success and long-term viability of your business. Basically, the quicker cash goes in and the slower it goes out, the better. This is because your money …
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