Archive for January 2021
Role of risk management in growth of a business
Neglecting risk management when constructing a business strategy can prove costly down the track. Businesses often focus on growth and profitability, which is an integral part of business strategy, but an equally important aspect which helps keep the business stable is risk management. The necessity of employing and updating risk management strategies has become abundantly…
Read MoreWays to improve cash flow
Signs of growing revenue and profits are ones that indicate your business is succeeding. This does not reduce the importance of continually making small changes that will improve profitability of the business. These are some changes you can make to improve the cash flow of your business. Send invoices straight away: The faster you send…
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