Cash Management

a blog featured iamge entitled 7 Steps to Making a Profit First Instant Assessment with VAT

7 Steps to Making a Profit First Instant Assessment with VAT

In the book Profit First, Mike Michalowicz innovates the way cash flow is looked at by turning the traditional formula of sales – expenses = profit into sales – profit = expenses. This simple change reframes the thinking of individuals when it comes to spending habits. Michalowicz also introduces the Profit First Instant Assessment, which …

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a blog featured image entitled about How To Build Your Business Revenue Plan?

How To Build Your Business Revenue Plan?

Most entrepreneurs are driven by their passion for business, product creation, and customer service. It is what makes them thrive in their respective industry. However, as your venture grows as well as its expenses, you will realize that it would also be rewarding if your biz is making money. It still boils down to your …

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a blog featured image entitled Seven Essentials to Making Money Online

Seven Essentials to Making Money Online

Now that we are acclimatizing to the “new normal” brought by the COVID-19 situation, a lot of businesses are starting to move online. How can you ensure success? In this article, essential things to making money online will be discussed. Here are seven essential things you need to make money, with the Internet as your …

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a blog featured image all about How Do You Calculate for Profit Margin?

How Do You Calculate for Profit Margin?

Profit margins are financial ratios used to determine your business’s profitability. Different profit margin ratios correspond to the reflected profit in a company’s income statement: gross, operating, and net. They are calculated simply by dividing the profit value by the total sales and multiplying it by 100, as profit margins are expressed in percent. They …

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a blog featured image entitled Cash Flow Management for Small Businesses

Cash Flow Management for Small Businesses

Business Wealth AcademyThe Academy is opening it’s doors again this coming July 12th and 13th. Sign up to receive an update from our team.  Join List Exercising good flow cash management helps you make sound investments that will maintain your competitive edge in the market. It also ensures you won’t need to resort to taking …

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a blog featured image of annette entitled Can I claim Netflix and Spotify as a Business Expense?

Can I claim Netflix and Spotify as a Business Expense?

The Wealth Lab is back again! I speak to a number of online entrepreneurs who wants to claim things like Spotify and Netflix for tax purposes – the argument being that they use them for business too. ????   So, perhaps watching documentaries on Netflix, or listening to music on Spotify helps them concentrate.    Although there is …

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