Business management integration: information at your fingertips
There are many reasons why integrated business management systems (BMS) are essential for any organisation. While improving information security, meeting compliance obligations and company alignment are necessary for all businesses, a BMS can also help you scale sustainably, remove inefficiencies, and allow you to make strategic decisions faster.
Save costs and improve fleet efficiency
Business logistics matter to every organisation regardless of the scope, industry, or specialisation. And, as most businesses will be working towards reducing overheads to increase profits, effectively managing the cost of your fleet of vehicles can’t be overlooked.
8 Must-have leadership skills
Good leaders have skills that enable them to get the most from their teams and, as a result, growth and success – not just for themselves, but for their employees, too.
4 Ways to increase profit margins
Boosting your revenue may be a priority, but you should never lose sight of your profit because it’s this that answers the critical questions about your business, such as whether you’re making money or pricing your products properly.
Is your accountant speaking Greek to you?
… And we don’t mean that your accountant hails from the Mediterranean. For non-financially inclined business owners, there’s a vocab that you need to get a handle on
Is your accountant a number cruncher or advisor?
If you’re only using your accountant to crunch numbers and provide tax advice, you’re doing your business a disservice. When you build a strong relationship with your accountant,
Load shedding: What are the tax incentives for alternative power?
Are you fed up with high electricity costs and the debilitating load shedding disaster affecting your business? Perhaps it’s time to consider solar power solutions and their associated tax deductions.
Are you the bottleneck in your business?
Is your inability to delegate the reason why your business isn’t growing? Deciding what not to do is just as important as deciding what to do. After all, you can’t and shouldn’t be doing everything yourself.
Why choose Xero for your growing business?
Why do we recommend Xero cloud-based accounting software for growing companies? For starters, because its plans easily accommodate the different stages and needs of developing businesses,
5 Financial reports you need to understand
The growth and expansion phase of any business is exciting. It creates new opportunities, attracts new customers, and generates more revenue and higher profits. But if you or your team don’t understand financial reporting or have the skills to analyse these reports, you’ll struggle to make informed decisions about how best to grow your business.