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How does your business model affect growth?
Most business owners understand that growth requires the business to be in a healthy financial position. Businesses need working capital to grow, and cash is a vital catalyst for this process which is why it’s vital to understand the cash flow model and how it applies to your business.BUSINESS
How cloud based computing can improve your business system?
Software as a service is becoming more and more prevalent in the business world, with software providers increasingly offering cloud based programs accessed over the internet such as cloud based accounting. Traditional, locally deployed software and systems locked into individual machines seem set to become less popular and less widely available as the landscape moves towards cloud based systems.BUSINESS
How can understanding your numbers impact your business strategy?
Taking a look at your numbers can unlock a wealth of information about your business. Your numbers often indicate where your budget should be spent, which target markets are proving to be lucrative and where investment should be considered. Understanding your numbers will help you to ascertain the impact of each area of your business on cash flow, and ultimately profit.BUSINESS