If you track income and expenses on a spreadsheet, you could be losing sight of how your business is performing and wasting a lot of time on data entry. There are low-cost alternatives that allow you to monitor your business cashflow more easily. Small business cashflow Money in, money out. Cashflow is one of the […]

Hiring a full time CFO can be expensive for your small business, however, did you know that outsourcing this can be effective and cost saving too? What is outsourced CFO services? Outsourced or Virtual CFO services is a relatively new concept. It’s a way for small businesses to get CFO support that they wouldn’t have […]

Customers that are offered convenient online payment methods pay invoices on average, two to three weeks earlier than usual. Here’s how small businesses can cash in on the trend. Popular online payment methods If you’ve bought something online, then you’ve probably used an online payment method. The most common are credit cards, debit cards, automated […]

Accountants do tax and compliance work – we all know that. But the best ones do so much more. They are excellent problem solvers and strategic advisors for small business. Accountants do more than you think. They can remove or automate administrative tasks that distract you from your core business. Get an accountant and you’ll […]

Whether you are a retail store, a restaurant or Café, Xero gives you a number of options to integrate your POS (point of sale) system to save you time by reducing manual processes and money by reducing risks. Xero is a leading Cloud based Accounting Software provider for small and medium sized businesses and is […]

Many small businesses focus on bookkeeping and management accounts when looking for a new accounting system, but do not know about the other free functionalities that they have to offer. Xero has a number of free features in its standard module and in particular, the inventory module can be very useful. Xero’s Inventory Module Xero […]

Many Small Business in Dubai struggle to get the money they’re owed because of poor credit control processes. The nine points are big mistakes to avoid. What is credit control? Credit control is another name for ‘getting the money you’re owed’. Not many businesses have a formal credit control process when they start out. They just […]

Xero is an award winning and leading cloud based accounting software for small businesses and has over 1 million subscribers worldwide. It is known for its easy to use and “beautiful” user interface which enables users to connect regardless of their location or device. Before starting the process of migrating to Xero, the following action […]