by Folasade Ayegbusi | Jun 11, 2022 | Accounting
5 Ways to Manage Cash Flow Why is cash flow management important? You could ask. Well, a business’s cash flow is different from income or net profits. Business income is calculated based on various items, the major one being revenue, mainly from sales of goods...
by Folasade Ayegbusi | Jun 3, 2022 | Accounting
4 Ways to Protect Yourself During this Recession What is a recession? A recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in Gross Domestic Product (GDP) in two successive...
by Folasade Ayegbusi | Apr 29, 2022 | Accounting, Tax
6 Things to Use to Measure Your Financial Literacy Financial literacy is a growing subject worldwide, and for a good reason. It is the panacea for poverty in previously sidelined communities. Gone are the days of waiting for reparations alone without the financial...
by Folasade Ayegbusi | Mar 9, 2022 | Accounting
6 Reasons you Shouldn’t Try to be the Hero Who Does Everything in your Business Hard work is something to be proud of. But you cannot be proud of trying to do everything in your business – including the things you should hire professionals to help you with, for...
by Folasade Ayegbusi | Nov 23, 2021 | Accounting
Do Not Lose Your Identity To Online Scammers This Black Friday and Cyber Monday Without wasting time, I will go straight into the crux of the matter: Many of you are vulnerable to online scams on Black Friday. They will be seeking to steal your gifts and groceries or...
by Folasade Ayegbusi | Nov 11, 2021 | Accounting, Tax
What is taxable income? Taxable income is the portion of your income that is subject to taxes. This, of course, will be after factoring in deductions and exemptions. Many people do talk about taxable income or paying taxes in general. But tax planners who save a lot...