Posts Tagged ‘basic accounting’

December 2014 Newsletter

Monday, December 22nd, 2014

Dear Friends,

 

The year 2014 is slowly drawing to an end, so we want to take the chance to say thank you. Thank you for your trust and for giving us the possibility to help you to improve and succeed.

 

A new year is often viewed as a new start in business, as time for changes and improvement. The business world is fast moving, and so are business trends. That is why we regularly share our advice, tips and thoughts with you on our blog – for our clients, business friends and everyone who is interested in business, marketing and entrepreneurship.

 

The value of mentoring

The passing on of knowledge and supporting of the next generation is a valuable experience for the mentee as well as for the mentor. Mentoring – a way to give back to your community and a chance for your personal growth.
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Why the understanding of basic accounting is vital for running a successful business

An outstanding business idea is the foundation for your business; however it does not guarantee success. Being financially literate is just as important.
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Advice for newcomers

Considering entrepreneurship? Advice is helpful, but what is really crucial for your success? Why high expectations hinder rather than help, and why a lifelong learning is vital for your success.
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Help us make a better website, Reframe Marketing

A vision has taken shape. Our improved and more accessible website will soon be launched. For the final-touch we need now your feedback. What would you like to have improved? Suggestions and wishes are welcomed!
Just email them to info@reframemarketing.com
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Look forward to staying in touch!

 

Why understanding basic accounting is vital for start-ups

Thursday, September 25th, 2014

When starting up a new business entrepreneurs have a lot to think about, from creating their business plan, hiring employees, up to designing their logos. Many important tasks to handle and decisions to make. Thus, financial management is left to the experts, click here to investigate more about it. Nevertheless, as an entrepreneur you should have an overview of your accounting and financial transactions from day one.

If you set up a plan through a debt management firm you’ll have to pay a fee, but you will get valuable expert help in return.

Many business owners start out without basic knowledge about accounting, but with a good business idea – and yet fail.

The understanding of financial records is vital to making solid financial decisions. With what does my company succeed? What brings me the highest return? And where are possibilities to improve? Only by knowing your business figures and understanding your accounting records you will be able to answer these questions and to control your finances either by yourself or with the company audit service Milton professional assistance.

Banks, investors and large customers sometimes want to have an insight in your figures, and you should be able to explain them. Not understanding your financials leads to poor decision making, which not only costs a lot of money to the company and you but it hinders your business to grow.