Bookkeepers Tasks
Outsourced Book keeping
Grow your business not your burden
SECP Exemptions for SMC
SECP Eases Capital Raising
SECP Compliance Obligations
Key Ratios Every Business Should Know
It is said that you could only manage what you measure…the only way to manage your business finances is through some key ratios… There are some key ratios every business should know to understand the viability and health of your business. Managing your business finances and revenues can be a full-time job, and you might even […]
FINANCIAL STATEMENTS RED FLAGS
INCOME STATEMENT BALANCE SHEET CASH FLOW STATEMENT Gross Margin <10% Goodwill in Assets >30% Stock-based Compensation >20% of Net income Revenue Growth Rate <2% Debt to equity Ratio >4 Capital Expenditure >40% of Net income Net Profit Lower than Cash from Operations Receivables Rising faster than Sales Low or negative cash flow from Operating […]
Important Questions About Your Business That Your Accountant Should Answer
When should we be communicating with our accountant? You should be establishing expectations and deadlines with your accountant. Frequent communication is the key to a healthy and beneficial relationship with your accountant. To establish early if you will meet monthly or bi-monthly. How can you assist me in preparing my tax submission? You should know […]
Important Accounting ratios for small businesses
Understanding financial ratios for your small business is a key ingredient in the recipe of your company’s success. Among other things, ratios can be used to interpret numbers into useful information that can be used to improve your decision making process. Financial ratios help make sense of your accounting information. Ratios also show you what aspects […]