Business Process Outsourcing is on the rise and in fact 90% of small businesses plan to outsource business functions in 2022 (up from 80% in 2021) according to a survey conducted by Clutch. Furthermore 23% of respondents are planning to outsource their financial services (just shy of the top spot which is IT services at […]
We’re in the final quarter of 2021 and that means we’ve got a fresh new fiscal year just around the corner. It’s likely the last two years did not go according to plan due to the pandemic, but that doesn’t mean there isn’t incredible value in establishing a roadmap. Here are 10 tips to create […]
Ever wonder how much cash your business needs to keep on hand? Every business needs cash and most want more of it, but when it comes to cash how do you know when enough is enough? Conventional wisdom says (otherwise known as “they say”) that you should have the cash equivalent of 3 to 6 […]
If opportunity knocks – is your business ready to be sold? Could you pass inspection? The market for M&A activity is very high in a number of industries. Opportunities to sell may present themselves when you least expect it. Our advice is that you should be ready to be ready. With that intention in mind, […]
Don’t use your personal accounts for business transactions As a start-up we understand the need to keep expenses as low as possible while you are first starting out. Although we encourage you to run lean, it is absolutely essential to have a business bank account and credit card – don’t use your personal accounts. All […]