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Business advisory services

April 15, 2020

Strategy and problem-solving involve ascertaining where an organization or business unit wants to be, how to get there and determining what the obstacles to success are.

Audit and assurance

April 14, 2020

The objective of an audit is to an express an opinion on whether the financial statements have been prepared, in all material respects, by following applicable financial standards and generally accepted accounting principles and to comment as to whether the financial statements represent a true and fair view of a company's performance and position.

CFO and accounting outsource

April 14, 2020

For a small or medium-sized business,outsourcing the bookkeeping function can reduce record-keeping to six days amonth, as opposed to the average 22 days it takes the typical in-housebookkeeper, who usually lacks proper support or supervision.

The outsourcing of payroll services

April 14, 2020

The outsourcing of payroll services is when a business hands the responsibility of calculating employee salaries, emoluments, and liabilities to a third-party.

Selling your business as an exit strategy

January 16, 2020

They say that self-employed people avoid a 40-hour week to do a 60-hour week. It isalso true that most business owners would be more financially well off if theyapplied their skills under the employment of another person or corporate body.

Planning business finances

January 16, 2020

2019 is bound to be an interesting year, what with a 20% deterioration of the Kwacha against the United States Dollar, from 9.98605 in January 2018 to 11.98035 on 12th January 2019 . This amounts to an inflation rate of 8.25% as of January 2019 against an improved real gross domestic growth rate of 3.8% in 2018, to an expected real growth rate of 4.5% in 2019 .

Managing costs

January 16, 2020

A professor of mine once said, “you can onlycut costs so much, you need to work on increasing revenue”. Which is true,cutting costs too close to the bone could start to erode value, however,maintaining tight control over both fixed and variable costs is an essentialingredient in maximizing cash flow and profits in any business.

Farming business structure: Company or sole trader?

January 16, 2020

They say the quickest way to become a millionaire is to start as a billionaire and invest in an airline. They also say if you want to lose money – become a farmer. Now, the latter is not necessarily true, but the former could be debated at length over a beer or three.

Bootstrap your business

January 16, 2020

I have been asked by many a budding entrepreneur as to how to start a business when one doesn’t have any money. People often have more resources than they realize and to run a business requires summoning all the resources that an entrepreneur can amass to effectively return a profi

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