Running a business, regardless of its size, comes with inherent risks. From property damage to legal liabilities, unforeseen events can disrupt operations and lead to financial losses. That’s where business insurance comes into play. Business insurance provides protection against various risks and helps safeguard the assets and interests of small and medium-sized businesses (SMBs). In […]
Statutory payments play a crucial role in the employment landscape, providing employees with essential benefits and protections. As an employer, it is vital to have a comprehensive understanding of statutory payments to ensure compliance with labor laws and maintain a positive relationship with your workforce. This article serves as a valuable guide in understanding the […]
Introducing Serrari the user-friendly finance super app for effortless financial management. Track cash flows, manage expenses, plan budgets, and improve on your financial discipline in one convenient place. Serrari’s smart features simplify monitoring and categorizing income and expenses, empowering you to make informed financial decisions. Take charge of your goals with the expense and budget […]
Cash flow refers to the movement of money into and out of a business over a specific period of time. It tracks the inflows and outflows of cash, including revenue, expenses, investments, and loans. Cash flow is crucial for businesses as it indicates their ability to generate and manage cash, allowing them to meet financial […]
Managing business expenses effectively is essential for maintaining a healthy business and maintaining growth. In this article, we will delve into the intricacies of assigning budget percentages, optimizing expenses, and industry-specific benchmarks and best practices for expense management. Understanding the Expense Ratio Rule The Expense Ratio Rule is based on the concept of allocating a […]
In today’s competitive business landscape, it is crucial for small and medium-sized businesses (SMBs) to effectively manage their investment portfolios. Balancing business investments requires careful consideration of various factors, including risk tolerance, financial goals, market conditions, and industry trends. This article aims to provide a detailed guide on how SMBs can achieve a well-balanced investment […]
In the world of business, understanding and effectively managing free cash flows is crucial for sustainable growth and success. Free cash flow (FCF) represents the amount of cash generated by a business after accounting for all expenses, investments, and working capital requirements. It serves as a key indicator of a company’s financial health and its […]
What is Business Financial Planning? Business financial planning refers to the process of setting financial goals and creating strategies to achieve them effectively. It involves analyzing the current financial situation of a business, projecting future income and expenses, and developing a roadmap to manage resources and achieve financial objectives. The purpose of business financial planning […]
When it comes to running a business, insurance is an essential aspect that should not be overlooked. Insurance provides protection and peace of mind in the face of unexpected events or accidents that could potentially harm your business. For small and medium-sized businesses (SMBs) in particular, having the right insurance tools in place is crucial […]
Kenya, like many countries around the world, is grappling with a growing unemployment crisis, with rising inflation and economic conditions...
India's economic growth is anticipated to range between 6.3% and 6.8% in the upcoming fiscal year starting April 1, 2025,...
In a move that has sparked international controversy, former President Donald Trump has announced his intention to halt U.S. aid...
In a significant move, the Kenyan government has terminated a high-profile project aimed at bolstering security at its entry points...