Many companies opt to work with specialised outsource partners to bring to bear expertise in performing those tasks, but what should you look for when working with a outsource partner and what issues could this solve?

Avoid These Accounting Platform Implementation MistakesImplementing an accounting platform is the most effective way to simplify your accounting policies and procedures. A well-structured, functional system and planned implementation can streamline your processes with...

Manual vs Systemised Financial Reporting Not too long ago, manual financial reporting was the only choice businesses had to keep their finances in order. Today, advancements in technology have helped to simplify the entire accounting process.  Many established...

A Guide To Liquidation Of Companies   When any business can no longer afford to operate, liquidation is a formal process done by an approved firm to ensure the business meets its obligations to shareholders and other stakeholders (e.g. debtors, employees,...

Making the right decision for your outsource Accounting & VAT Partner s For any start-up, small or medium-sized company, outsourcing your accounting & VAT to an experienced and qualified partner is a credible option, especially if you want to secure expertise...

The UAE is the preferred and burgeoning regional destination for start-ups and small businesses.

Business can be tough when supply exceeds market demand. This is the time when businesses should pay closer attention to costs. Ask yourself “how much sales do we need to generate profit of $1” and this simple question will bring into sharper focus of the benefit of having a more effective cost management.

Many SMEs, especially those who are just starting a business, often overlook the management of cash coming in and out of their business. It is a common error thinking that if money is coming in, the business is performing and will have sufficient resources to pay for its purchases and expenses. Cash is key to the survival of your business and ignoring the needs for an accurate cashflow management process can lead to shocks that could cripple your business.

A salon owner operated several branches across the UAE providing ladies cosmetic and beauty services.

For a local restaurant business owner, controlling their operations remotely had always proved to be a challenge. They had employed a manager to run
daily operations, but accurate and timely reporting was a challenge with the owner receiving excel
reports for limited information.