Welcome, aspiring entrepreneurs, to the exhilarating world of business! You’ve got a brilliant business idea, the vision, the passion, and the drive to make this more than just an idea. But hold your horses before you dive into the exciting
"What’s our bank SWIFT code?" This is one of the most common questions I have heard from my clients and colleagues in my career in corporate treasury. In this previous article, we talked about the Important bank terms you should know as
What banking terms are you aware of regarding money management for your small business? When you visit a banking institution or your clients request for certain details, are you left wondering what the terms they just used mean? If that’s a
Does your business have an invoicing tool? In the last article, we talked about creating a professional and error-free invoice. While you can create a great invoice manually, it also helps to save time and reduce errors. That’s where invoicing
Whether you are a freelancer, consultant, or own a small business, one of the key things you must know is how to create an invoice. An invoice is a document you use to request payments from clients for the service/s
While 2022 is behind us; we are still in the season of closing the accounting year and paying taxes. For any business, concluding a fiscal year helps prepare for the beginning of the next one by evaluating company transactions and
Many people want to start businesses. Some people like to start a business because they want to earn more money or dislike their current job. Whatever your reason for starting a small business, the key to winning is taking action.
The tax season is upon us, and you know what that means! A lot of headaches trying to figure out how much you owe the taxman (KRA in our case) and whether there is a way you can reduce that
Does your small business have employees? Are you deducting the necessary statutory deductions whenever you are processing their salaries? A statutory payroll deduction is a mandatory amount of money the law requires employers to take from an employee's salary for tax
As we progress into the new year, have you done stock-taking for your small business? As long as your business has inventory, stock-taking becomes a necessity for better accounting, financial planning, and management. Unfortunately, stock-taking is a tedious process but crucial