Imagine you are running a company that generates profits but struggles to meet its short-term financial obligations when they become due. This dilemma is common in a lot of businesses, and the leading cause is the poor management of the business’ working...
Inflation is a quiet force that gradually erodes the value of money; what costs KES 100 might cost KES 120 today. Whether it is a company that is planning to expand its operation or an individual that intends to save, the subject of Inflation must influence the...
Borrowing money in business is not a sign of weakness, but it’s a strategic move a business took. Startups can borrow money to finance their pre-operating expenses. Established businesses borrow money to fund their growth and expansion and support their working...
In any business that has become successful, financial planning is its heartbeat. Whether it’s a small business that is starting or a company that is growing, having a strong financial plan does not only mean about budgeting only, but it also involves...
