Increasing profits doesn’t always mean increasing value

Increasing profits doesn’t always mean increasing value There are several characteristics that give your business long-lasting strength: positive leadership, perfect planning, risk-taking, a healthy work environment, integrating technology, or excellent customer service, for example. Perhaps one of the most obvious is profitability, but is this really the essence of business value? Personal value Many of [...]

Are accounting firms are a weak link in cybersecurity?

Are accounting firms are a weak link in cybersecurity? As accounting becomes increasingly digital, firms are facing brand new threats. The training to become an accountant has shifted away from understanding the basic processes of accounting to understanding the IT systems and software that are underpinning the advances in efficiency and productivity. However, with this new [...]

Tips to improve your business cash flow

Tips to improve your business cash flow In business, cash flow encompasses everything. Without a reasonable balance between incoming and outgoing payments, your business turns into a delicate organisation that could collapse at the slightest shift in the market or change in your sales. 82% of small businesses fail because of poor cash flow management [...]