Time is a factor that significantly influences the effectiveness of all our actions, not only those related to the functioning of our enterprise, but also those which we carry out at our homes. Lack of time is the reason for flaws in our projects because members of the staff have to work in haste in […]
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Many of us have the unhealthy habit of delaying certain issues for an unspecified period of time. We harm ourselves by such behavior because we are burdened by the fact that there is some issue that we haven’t solved yet. It is good to deal with our probl Many of us have the unhealthy habit […]
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We face stress every day. Of course, the feeling can be of varied level, but at the same time there is no doubt that stressful situations somehow have an influence on us. We cannot deny that a large amount of stress is destructive to our behavior and mood We face stress every day. Of course, […]
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Though much has already been said about communication within and among companies, it is worth to take a look at this subject once again, this time from the point of view of the processes and factors that can significantly increase the effectiveness of com Though much has already been said about communication within and among […]
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Budgeting seems to be the least sexy part of running a business, but maintaining a realistic budget – and paying attention to it – can make or break your company. Budgeting allows you to answer the most important questions about your business. Budgeting s Budgeting seems to be the least sexy part of running a […]
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The cash budget (or cashflow forecast) uses the information in the sales and expenditure budgets to forecast the money going into and out of your bank account each month. The cash budget (or cashflow forecast) uses the information in the sales and expenditure budgets to forecast the money going into and out of your bank […]
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4 Balance sheet projections While you are working on budgets, calculate the effect of meeting them on your assets and liabilities. 4.1 This will provide you with an internal check on their consistency. 4.2 It will provide you with management information 4 Balance sheet projections While you are working on budgets, calculate the effect of […]
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Expenditure budget Once you have drawn up your sales budget, you can begin to work out your costs. VAT-registered businesses should calculate costs excluding VAT. 2.1 What fixed costs will you have? Expenditure budget Once you have drawn up your sales budget, you can begin to work out your costs. VAT-registered businesses should calculate costs […]
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The sales budget sets out how much you expect to sell (turnover) for each month of the next year. Base your sales budget on the expected volume of sales of each product and the prices you intend to charge. If you are registering for VAT straight away, yo The sales budget sets out how much […]
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TaskBeat offers accurate and productive project accounting service that can be set up and accessed on a ad-hoc basis. Project managers are able to calculate funding advances and actual versus budgeted cost variances using project accounting. As revenue, c Alignment and effectiveness TaskBeat offers accurate and productive project accounting service that can be set up […]
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