Would you consider using Cryptocurrency for your business?

Cryptocurrency or cryptoassets have been around for a while and it has mainly been seen as an investment vehicle. In recent weeks, there has been a lot of publicity around cryptocurrencies volatility, regulation, and wider usage. Governments are looking to develop their own digital currency and this led me to not only think about itContinue reading “Would you consider using Cryptocurrency for your business?”

What are Key Performance Indicators and why are they important for your business?

When starting or running a business, it can be easy to focus on the area you are passionate about and not really pay attention to how the business is performing. Setting effective Key Performance Indicators (KPIs) will help you to measure progress towards your goals whilst you focus on what you are passionate about. InContinue reading “What are Key Performance Indicators and why are they important for your business?”

Why is diversification good for your business?

Starting a business is hard, however if it is well planned and managed professionally it can be very rewarding. When running a business, you should consider diversifying it. With larger corporations, diversification normally means buying or merging with another business that provides the service or products they want to or trade in the industry theyContinue reading “Why is diversification good for your business?”

Running a side business? Here is what you need to consider

One of the ways of creating other sources of income is running a side business together with having a full-time job. This can be a hobby that is being monetised, a service being provided or products being sold. In this blog I will be writing about the 5 points you need to consider and beContinue reading “Running a side business? Here is what you need to consider”

(COVID-19): Support currently available for the Self-Employed and Businesses

Running a small business can be tough especially when income is not always guaranteed. COVID-19 has literally brought the whole world to a standstill and this is having massive impact   on businesses. As most people are either losing jobs or being asked to take a pay cut, they are going to spend less and this willContinue reading “(COVID-19): Support currently available for the Self-Employed and Businesses”

How to proactively monitor your business cashflows

Starting a business is a good way to generate additional income, follow your passion or monetise a hobby. That said, one fundamental principle of running a business is managing the cash flows as this is the heart-beat of every business. Without proper cash flow management, the business will not be able to meet its obligationsContinue reading “How to proactively monitor your business cashflows”