Category: Managing Cashflow

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Strategies for Increasing Revenue from Your Rental Property

Increase rent and offer amenities to maximize rental property profits. Enhance energy efficiency and get an Energy Performance Certificate to reduce utility costs. Focus on curb appeal and increase visual appeal to attract tenants. Improve marketing tactics, including offering incentives and optimizing expenses with software programs.  Utilize technology to streamline processes and save money in

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Unexpected Sources Of Employee Morale-Boosting Benefits

Celebrating employee milestones and recognizing their efforts can boost morale and build a positive culture. Offering work-from-home options and job sharing can create a more productive workforce and boost flexibility. Providing health and wellness benefits such as gym memberships, microneedling services, and healthy cooking classes can improve physical and mental health. Employee development opportunities through

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Five Ways Your Business Can Save Money on Hiring

In today’s economy, businesses are always looking for ways to save money. Operational costs are one of the most significant expenses for any company. There are many costs in keeping a company functional such as rent, utilities, payroll, inventory, and marketing. Therefore, businesses are always looking for ways to reduce these costs without compromising the

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Budget Your Way to Success With These Management Techniques

No matter the purpose, handling money is a challenge, but it’s even more so when it comes to business because it is such a huge and risky investment. Unlike personal finances, mishandling business money is harder to recover from, so entrepreneurs must manage it with utmost care. You must consider the funds you have and

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Manual vs. Digital Expense Tracking

Personal finance can be quite tricky to navigate. For one, you need to learn a lot about how money works and how to manage it. Another, you have to keep track of your own finances can be rather difficult. We make multiple spendings a day, and it’s hard to keep track of each item, tally

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Accounting and Money Management for Small Businesses

So, you finally decided to go into business for yourself. You opened a fashionable, healthy restaurant in a chic downtown location. You hired a few waiters and waitresses and a manager. After this, you made your first order of supplies, including different meats, 20 pounds of fruit puree for natural juices and desserts, and a week’s worth

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If You’re a First-time Homeowner and Entrepreneur, Know These

Many entrepreneurs are first-time homeowners. While that is an exciting period, it can also be both confusing and terrifying. Managing a business while learning the ropes of having a property can be difficult. If you’re in this position, these x points will make things easier: 1. You Have to Pay Property Tax A property tax

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Strategies to Keep Your Finances in Order as a Freelance Business

Freelancing offers an alluring promise of work-life balance since you can manage your own time. You don’t have to follow a strict 9-to-5 schedule. You also get to work from home or anywhere you want, instead of going to the office This promise is especially tempting these past few months. The pandemic has driven more

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Grocery Shopping: Maximizing the Budget and Avoiding Waste

Restaurants are expected to produce dishes at large volumes, which is just right given that their patrons come in droves. As a customer, you most likely will be disappointed if what you ordered on the menu is not available. That is why it is necessary to stock up on all the necessary food items relative

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