Why SMEs need more financial management and how to achieve it
You may be thinking you are too small to make sense of your numbers on budgets and forecast and financial management is not for you. Maybe when you grow bigger. … Continue reading
The Importance of Cost Variability in Small Business – Indirect Costs
When things don’t go as planned for your business, and you cannot do much about your income, be it as a result of a global downturn or a local demand … Continue reading
What can Artificial Intelligence do for my SME?
Like in most knowledge-based professions these days, we too get this future-inspired question: ‘What’s the point of you as financial analysts when you (like my accountant) will be replaced by Artificial … Continue reading
Financial and data analysis – what’s in it for me?
I am glad you asked. You see, big publicly traded companies must report their numbers in detail. It is a legal requirement. But behind the scenes, there is an army … Continue reading
3 Things You Might Not Know About Your Business
You started a small business, or you manage one today. You know everything there is to know about it. Or do you? Let’s explore three aspects of your business that … Continue reading
Your business is bigger than you are
Here’s the scenario. You started your business some time ago, before or during the last recession; you heroically survived cash shortages at the beginning and have personally shouldered every burden … Continue reading
Hire for cost or hire for skills?
In the world of professional services, some entrepreneurs in charge of small businesses are in the habit of hiring young and inexperienced people as part of their growth strategy. They … Continue reading
Telling the time
A lot of entrepreneurs do their own calculations, which often means making very simple, rule-of-thumb estimates. If a consultant starts poking their nose into such estimates, won’t it undermine an … Continue reading