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Category: Financial


Department management, Financial

China and the race for the future of money

March 1, 2021

Via: Strategy+Business

Pingyao, in Shanxi province, was once the financial centre of Imperial China—the birthplace of banks that led the world in remittances and settlements using “tickets” that were a sort of tokenised legal tender. The People’s Bank of China honoured Pingyao, […]


Department management, Financial

32% of Small Businesses Have a Month or Less in Cash Reserves

February 18, 2021

Via: Small Business Trends

One of the biggest challenges small businesses face is shoring up their cash reserves. And the February 2021 Alignable: Road to Recovery Report, highlights this very issue. According to the report, 32% of small businesses only have a month or […]


Department management, Financial

12 Ways to Increase Your Cash Flow

January 20, 2021

Via: Small Business Trends

Cash is the lifeblood of a business. According to Hal Shelton, angel investor, SCORE mentor, and author of the best-selling The Secrets to Writing a Successful Business Plan, one of the primary reasons companies go out of business is “cash […]


Department management, Financial

4 Effective Strategies for Selling to Wholesale Customers

January 8, 2021

Via: Business 2 Community

Are you looking for a way to make more money with your online store? If so, you may want to consider the world of wholesale marketing. Essentially, wholesale marketing is when you sell your products to other businesses, usually for […]


Department management, Financial

5 Questions You Need To Ask For A Strong Relationship With Your VC

January 6, 2021

Via: Forbes

Much has been written about how to secure venture capital funding, but far less about whether a founder should sign a term sheet and say ‘yes’. Like all industries, there are great funds, good funds, average funds – you get […]


Department management, Financial

Consider These 3 Finance Issues for 2021

December 29, 2020

Via: Small Biz Club

There is no denying that it has been a tough year for many people, with the business world, in particular, having to deal with a multitude of issues. However, now that 2020 is drawing to a close, some small business […]


Department management, Financial

5 Growth Hacks for Startup Founders to Multiply Their Revenue

December 22, 2020

Via: Business 2 Community

Since the start of this global pandemic COVID-19, businesses are concerned with what to do and what not to do. With the strict stay-at-home orders worldwide, a big name in the startup community, Startup Genome, has shared a COVID-19 startup […]


Department management, Financial

What Is an Audited Financial Statement?

December 17, 2020

Via: Business.com

When you’re applying for business funding, lenders and investors want to be sure they won’t lose money on the opportunities you present; that’s why you brought detailed financial statements to your pitch meeting. If however, the people you’re presenting to […]


Department management, Financial

What are the EFTPOS Fees for Small Businesses?

December 16, 2020

Via: Small Biz Club

As we edge ever closer to the projected cashless year of 2026, it’s becoming more critical than ever before to make the switch to digital payments for business. If you’re a business owner currently accepting cash only, there’s a good […]


Department management, Financial

Here’s why a nightmare tax season is ahead for small businesses

December 14, 2020

Via: CNBC

A hellish tax season is just around the corner for small businesses that received aid through the CARES Act. “The provisions of the CARES Act are all helpful for small businesses, but they will complicate tax planning efforts for the […]