When running a small business, some expenses are obvious – electricity, rent and wages, for instance. Calculating ad budgets, on the other hand, is a far more nebulous affair. Regardless of how you feel about advertising, it is important to […]

A cost-benefit analysis is a vital part of starting and running any project, giving you the information you need to frame objectives, calculate estimates of needed resources, and define objectives. In practice, it is the comparative assessment of benefits along […]

Business plans are normally the first thing that you do when starting a business. Your business plan marks the point at which an idea gets turned into reality. You map out what your business will entail, how it will operate, […]

We are told that to be prudent with our capital means transforming our liquid assets into longer-term forms of capital. This may include using an asset management company to invest your money into stocks in other companies. When you start […]

As a small business owner, getting a handle on your business’s financials doesn’t mean you have to be an accountant. However, you do need to know what the numbers mean and where they come from. Understanding your business financials is […]

For accountants specialising in small business, helping your clients to achieve their goals is a worthy contribution to society. However, there is a world outside of business, and you may have an urge to use your talents for noble causes. […]