Why Management Accounting Is Crucial for Making Better Business Decisions
Many small business owners are only concerned about keeping their books up-to-date and making sure they’re ready come tax time. The rest of the time, they’re blind to what happens with their finances and how to use their financial data to make better business...
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6 Steps to Streamlining Your Operational Workflows
We tend to overcomplicate our operational workflows and processes. This happens because we often don’t set aside time to design our processes, but rather come up with these in reaction to something that happens, like a customer asking for a refund, and then that...
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What You Need to Know about the 2019 Budget Speech
The focus of this year’s budget is to “address immediate risks to the economy and the public finances,” according to Finance Minister Tito Mboweni. No doubt we all have Eskom, the Moody’s, and the ever-increasing budget deficit on our minds. Let’s look at what you...
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9 Reasons Why You Should Improve Your Business Processes
Small businesses face fierce competition. New products and services are introduced to the market every day – some better than others. The only way your business can compete is if you can react quicker to risks and opportunities. And in order to act faster, you need to...
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