what you need to know about succession planning



What You Need to Know About Succession Planning

What will happen to your business when you retire? You’ve spent all your life building and growing your company. Make sure it continues to flourish even after you’ve stepped down as head of the business. You could do this by developing a succession plan. Succession planning helps you identify the right people to lead your business once[…]

good communication



How to Improve Staff Communication in Your Small Business

Good communication is the bridge between confusion and clarity. Communication is the foundation of any relationship. When you encourage people to voice out their thoughts, you could avoid conflicts and misunderstandings. With effective communication, you and your team could increase productivity and resolve issues quickly. Here are some ways to improve and practise excellent communication in your[…]



Bookkeeping Vs. Accounting: What’s the Difference

You’ve just opened up your new business and are determined to get your finances all sorted out. The problem is, you’re confused about bookkeeping and accounting. You’re not alone. Many small business owners often get confused between these two essential business financial processes. Do you need to do both? Yes. What’s the difference between the two? Read[…]

farm budget



Farm Budgeting: Taking Control of Your Finances

The key to a successful farm business is to have your finances all straightened out. Unfortunately, some business owners are often overwhelmed by financial planning and don’t know where or how to start. Sorting your business finances doesn’t have to be complicated. You could start looking into your farm budget, and from there, you’d be able to[…]

beginner's guide to small business accounting



Beginner’s Guide to Small Business Accounting

Are you struggling with accounting or other financial management matters? You’re not alone. Finance management is one of the top challenges of many small business owners across the country. Accounting is a significant stressor for some, especially when you’re doing it on your own. But it doesn’t have to be complicated. With the right tools and strategies,[…]