by D. Maykl Muhammad | Aug 14, 2024 | Small Business News
SUMMARY Post-COVID, the financial advisory landscape has seen a surge of new and rebranded professionals, with many turning to digital platforms to offer their services. However, this growth includes a rise in self-proclaimed experts on social media, whose...
by D. Maykl Muhammad | Aug 12, 2024 | CFO
SUMMARY Identifying cost-saving opportunities without compromising quality involves auditing operational processes, leveraging technology, and optimizing supplier relationships. Embracing lean manufacturing principles and sustainable practices can further reduce costs...
by D. Maykl Muhammad | Aug 5, 2024 | CFO
SUMMARY Aligning financial planning with business strategy is essential for achieving long-term organizational goals. This integration ensures that financial resources are effectively allocated to support strategic initiatives, driving sustainable growth. By...
by D. Maykl Muhammad | Aug 2, 2024 | CFO
SUMMARY Capital revenue refers to income from one-time or infrequent transactions, such as asset sales or investment income, differing from the regular, recurring operating revenue generated from core business activities. Generating capital revenue is crucial for...
by D. Maykl Muhammad | Jul 25, 2024 | Bookkeeping, CFO
SUMMARY A budget outlines expected revenues and expenses over a specific period, guiding short-term financial management and ensuring operational stability. Financial projections estimate future financial performance, helping plan for long-term growth and secure...