Why small businesses should budget

Why small businesses should budget?

Why is a budget important for a business? Running a business often requires owners to plan carefully and review their finances. Most companies use some form of accounting to identify, measure, analyse and present financial information. Accounting tools may include budgets, financial statements, forecasts and other tools to manage financial information. Business budgets may be…

forex chart

What is the Forex

The Forex? What is it? The word Forex is an acronym that stands for the Foreign Exchange, which is the international market where currencies are traded. Unlike the stock exchange, the Forex does not have a physical location itself but it plays “Over the Counter” (OTC) based on bilateral exchanges via computer where the contracting…

An Introduction to CRM

An Introduction to CRM The most important asset of a company is its customers. Through the use of CRM, companies can achieve lasting and profitable customer relationships. Customer Relationship Management, or CRM for short, is a strategic approach for firms to consistently adapt to their customers, their needs and wishes and to provide for them…

Fundamentals of Accounting

Accounting Fundamentals • What is accounting? Accounting is the method by which the financial information of an economic entity is recorded, classified, interpreted and communicated; this in order for it to be used by managers, investors, government officials and other individuals and companies to help making decisions about resource allocation and utilisation. At the heart…