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Business Costs and Profit: A Complete Breakdown
Understanding the different types of business costs is crucial for effective financial management. Because your profit will depend on the types of costs that prevail in your business. This blog looks at the relationship between the types of costs in your business and...
Overcome Any Financial Disaster: A How-To Guide
There comes a time in business when things don’t go according to plan and you end up in debt. A pretty uncomfortable place to be in - I know. No matter how angry or sorry we feel for ourselves, it’s important to know how to overcome any financial disaster that comes...
Tax Obligations for CICs: A Brief Overview
Community Interest Companies (CICs) are a special type of company in the UK. They have a primary goal of benefiting the community or pursuing social objectives. Their involvement in the communities goes anywhere from arts engagement or enhancing technological literacy...
Positive Money Mindset in Business: Why You Need One
Why is it important to have a positive money mindset in business? Having a positive money mindset is crucial for business success. It involves developing a healthy relationship with money. It does so by embracing abundance and cultivating a mindset that allows for...
Signs Your Business is Failing – What Are They?
Recognising the signs your business is failing or may be heading that way is crucial for every savvy business owner. In the vast sea of entrepreneurship, understanding the subtle hints of business troubles is the key to steering clear of potential failure. Why it's...
Coping with Failure in Business: How to React When Dreams Fade
Starting a business is thrilling - filled with hope and excitement. At the initial stages, it’s all about positive feelings, fueled by the passion for one's vision. However, as many entrepreneurs know, it isn’t always a smooth ride. And a business may end up drowning...