by Kamran Bashir | Oct 3, 2019 | Blog
Understanding profit margins is the most critical component of healthy financial management. For a product-oriented business, profit margin mainly focuses on goods and materials, and that can easily be quantifiable. For a service-based business, it is a...
by Kamran Bashir | Oct 3, 2019 | Blog
Is Budgeting a Waste of Time for Small and Medium Enterprises (SME)? There is a famous quote from TshOxenreider “The simplest definition of a budget is “telling your money where to go.” It is crucial for SMEs to estimate their income and expenses, and based on this...
by Kamran Bashir | Sep 13, 2019 | Blog
During the past several years, business management technology has evolved. Advancement in technology has simplified the processes of data capturing and has provided unlimited capacity and capability to analyze the data and use it for the management of businesses. To...
by Ashfaq Tahir | Feb 16, 2019 | Blog
Sorry to say but some finance professionals speak an ambiguous language. If you ask them whether this project is feasible or not, they will tell you that they will have to use capital budgeting techniques. Moreover, if you ask what capital budgeting is, they will tell...
by Ashfaq Tahir | Feb 4, 2019 | Blog
Many people ask what accounting reports they should review regularly. Generally, I believe, that you should review the following accounting reports and particular on focus areas mentioned below to keep your accounting records and operations streamlined Accounts...
by Ashfaq Tahir | Jan 27, 2019 | Blog
Profitability of any organization depends upon getting higher revenues and lower costs than its competitors. No matter how big or small, new or developed, manufacturing or service, you can benefit from cutting everyday costs. However today I will concentrate on...
