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4 Reasons to Employ a Virtual Chief Financial Officer
For most SMEs, having a full time CFO in place is often not feasible – particularly one that can provide strategic thinking, progression and profitability. So here are the four main reasons that implementing a virtual financial controller or VCFO is a viable option to help your business grow.
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3 Strategies to Alleviate Margin Pressure in Your Business
Businesses often face rising costs across their supply chains, from raw materials to wages, leading to significant margin pressure that can erode profits. To combat this challenge, it is crucial for businesses to implement effective strategies. This article outlines three key strategies that can help alleviate margin pressure and enhance profitability.
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Navigating the Top 5 Challenges in Business Growth
For small to medium-sized businesses, there are a number of factors that can inhibit the future expansion of a business – changing markets, the loss of a big client, inability to accurately scale resources. There are five main issues that constrain business growth.
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Navigating New Property Tax Rules: What You Need to Know
New property tax compliance regulations have been introduced for residential property purchasers, potentially leading to scrutiny from the Tax Department for some taxpayers. As we assess these changes, it's crucial to understand their implications and the anticipated effects moving forward.
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Timing Your Business Exit: Key Indicators for Action
When is it time to initiate your business exit strategy? One of my all-time favourite songs has to be the iconic “Gambler” by Kenny Rogers. Any self-respecting karaoke party or late-night sing along would be incomplete without someone belting out this legendary story - which holds some great advice.
