The end of the year is around the corner! And so is the income tax filing season. Yes, that season when your accountant is probably dreaming about numbers because your books are not adding up, and business owners are running
Living a debt-free life is nothing short of sweet, but achieving it is not a walk in the park. We live in a world where debt has become part of us- from car loans to mortgages and student loans, not
Bookkeeping is the process of recording your business’s financial transactions. As a small or medium-sized business owner, you can hire a bookkeeper or do the bookkeeping by yourself. Whichever way you opt, it is important to have a bookkeeping system
One rule of smart investing is diversifying your investment portfolio. Portfolio diversification involves investing your money in different assets to reduce the overall risk. Instead of investing in stocks for one company, for example, you can buy stocks of companies
As you run your business, sometimes you’re tempted to inject your personal finances to give it a boost in case things go wrong along the way. But that’s not always the best way to make things work for your business.
Cash flow management is a critical component of any business’s survival. One of the key elements of cash flow is managing your small or medium business accounts receivables. Unfortunately, not every customer will pay on or before the due date.
It’s time to stress test your personal finances! With the current ongoing pandemic and economies taking a toll since the last recession, now is the right time to confirm where you stand. Financially, that is.
