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Many experts have stated that 2023 will bring significant economic difficulties. Among them is Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who believes the recession will touch a third of the world. The first months of 2023 showed that these assumptions have become true, and now the world economy faces hard times. However,…
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If you’re planning to start a new company this year then be inspired by our list of the top 10 small business ideas. It’s essential to acknowledge what once worked and resulted in a great business just over a year ago, may no longer be the best plan in the current global economy. The COVID-19…
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Managing the financial sustainability of your entity comes with a bunch of responsibilities including having credit policies for small businesses in place. To ensure your company is growing, you have to keep a close eye on your cash flow at all times. Issuing invoices is easy enough but checking that payments are done on time…
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Tracking your billable hours and invoicing clients for your time is one part of your consulting business you want to stay on top of to keep your business profitable. It’s essential that you carefully record the time you spend working on your different projects and invoicing your clients regularly to ensure they pay you. A…
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