risk and return
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Can a Business Be Profitable if it’s Ethical?
In business I hear many stories. The ones that mainly catch my attention are those of businesses not taking, let’s say, full responsibility or following contracts as they should. Examples could go between employers not paying full salaries, suppliers not completing a job or delaying reparations, companies offering vouchers if you refer them to a…
accounting, asset, bad debt, Business Adivce, cash flow, cost control, customer service, entrepeneur, expenses, financial literacy, freelancer, goals, investments, Profit and Loss, quality management, return on investment, risk and returnaccounting, budget, business, business advice, business processes, classification, compound interest, cost control, cost reduction, debt, dividends, expenditure, expenses, finance, financial knowledge, financial literacy, gearing, interests, investment, knowledge, loan, management, management consultancy, margin of safety, operations, profit or loss, stock, value -
Where should I look at?
Another concern when running a business is how to track and measure your progress. If you have been investigating, probably you have seen all sorts of metrics: customer complaints, revenue, market share, reviews on social media… Anything that can be measured can become a metric. However, what are the right ones? This is often a…
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Revenues and Costs, Some Aspects
I’ve been living abroad for a while, as many people are doing these days. A common topic of discussion among expats is the salary you can earn in a certain country. It is funny to see people who move to countries like the United Kingdom, the Netherlands or Germany to find not only opportunities but…
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Don’t Only Work Hard, Be Also S.M.A.R.T!
You wake up in the morning determined to start a brand-new day. Your business requires your immediate attention in all areas: providing services or delivering goods to your existing customers, finding new customers, pay to suppliers, administrative work, developing new products… The moment you realise, it’s time to call it a day, have dinner, spend…
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What is ROI?
You have a pool of available funds that don’t require an immediate use in the company. Then you decide to invest it and you look at different options in the market: stocks, deposits, bonds, a new machine, a computer, a building… It doesn’t matter, the most important is that it meets the definition of an…