finally的动态

?? Transform Your Business Finances with Revolut Business! ?? Running a business is challenging enough—managing your finances shouldn't be. That’s where Revolut Business comes in. Here's why your business needs to make the switch: ?? Global Reach, Local Efficiency: Manage 30+ currencies with ease and make international payments at real exchange rates. Perfect for businesses that operate on a global scale! ?? Smart Expense Management: Issue physical and virtual cards to your team, set spending limits, and track expenses in real-time—all from a single, intuitive platform. ?? Automated Accounting: Save time and reduce errors by syncing your transactions with leading accounting software like Xero, QuickBooks, and FreeAgent. ?? Flexible Pricing Plans: Choose from a variety of plans that cater to your business size and needs, whether you're a startup, growing business, or large enterprise. Ready to revolutionise your business banking? DM or email me at [email protected] to discuss ??

Most small business owners I know spend 68.1% of their time dealing with day-to-day problems instead of focusing on business growth. They are still stuck with "I'll handle it all myself" when it comes to finances. You see, initially, when businesses were simpler, managing everything manually in a spreadsheet or a shoebox full of receipts was feasible. But now?? The complex nature of modern business finances won’t work for what growth demands currently. In 2024, this mindset could be costing you up to $12,000 per year in lost opportunities and inefficiencies. So, here's the smarter approach for you: 1/ Automated accounting: Cloud-based solutions like QuickBooks and Xero simplify bookkeeping, automate invoicing, and integrate with your bank. Businesses that automate financial tasks reduce the time spent on admin by up to 73%, allowing you to focus on growth. 2/ Cash flow forecasting: Predicting cash flow fluctuations is critical for small businesses. Tools like Float, Pulse can help you project revenue and expenses, improving cash flow management by 20% to 30%. 3/ Expense management: Companies that track expenses in real time typically save 10-15% on operational costs annually. You can automate expense tracking with platforms like Expensify and Divvy gives real-time visibility on spending, helping businesses cut unnecessary costs and stay lean. To make the most of it, business owners need to consider how these tools impact daily operations, streamline cash flow management, and support long-term financial strategy. The future of small business finance is about reimagining how money moves and grows. Leveraging the right tools can only lead to more sustainable growth and higher profitability. So how are you optimizing your financial systems while staying focused on your core business? #smallbusiness #fintech #entrepreneurship

Starting a small business? Make sure you have the right financial tools at your disposal! From setting up a dedicated business bank account to managing payroll with efficient accounting software, these steps can save you time and prevent costly errors down the road. Whether youre navigating sales tax complexities or applying for a small business loan, having a well-organized financial strategy is key. Learn more: #accountingfirms #smallbusinessowners

Cash flow is the lifeblood of any business. ?? It's what keeps operations running, bills paid, and growth possible. Understanding cash flow is crucial for financial health and longevity. Learn why it's more than just bookkeeping. #CashFlow #BusinessSuccess #FinancialHealth https://bit.ly/3SMlII9

Hey Entrepreneurs! ?? Struggling to keep your finances in order? Managing money can be a hassle. But here’s a little secret: syncing your bank account with QuickBooks Online. It’s a total lifesaver! Say goodbye to manual data entry and misplaced receipts. With automatic transaction syncing, your books stay up-to-date effortlessly. Plus, you’ll get precise financial reports that can help you make smarter business decisions. Want to know how? Dive in here:

Are you tired of juggling multiple spreadsheets and paperwork to manage your investments and funds? Well, say hello to Kuber - your ultimate solution for seamless treasury management and simplified accounting! ?????????? ???????? ?????????????????????? ???????? ?????????????????? With Kuber, you can bid farewell to the days of manual tracking. Whether it's keeping tabs on your Fixed Deposits or monitoring loans across various banks and institutions, Kuber has got you covered. No more guessing games - you'll have a crystal-clear view of your financial landscape at your fingertips. ???????????????? ?????? ?????????????????????????? ?????? ???????????????????? Designed with professionals and corporates in mind, Kuber understands your unique needs. Whether you're an HNI setting up a corpus or a corporate entity managing vast funds, Kuber provides the tools you need to excel in your financial endeavors. ?????????????????????? ???????????????????? Gone are the days of manual, time-consuming processes. With Kuber, you can kiss goodbye to the hassles of traditional methods. In just a matter of days, you can transition to a streamlined, automated system that simplifies your entire workflow. ???????????????? ???????????????????????? Kuber doesn't operate in isolation - it's your financial hub that seamlessly integrates with your existing systems. From connecting to your bank accounts to syncing with stock exchanges worldwide, Kuber ensures that you're always in sync with the latest financial data. Plus, it plays well with other tools like ERPs, basic accounting, and bookkeeping software. ?????? ?????? ???????? ???? Picture this: no more manual errors, no more missed opportunities, and no more headaches. With Kuber, you'll experience the ease and efficiency of modern treasury management. It's not just a software - it's a game-changer for your financial operations. So, what are you waiting for? Say hello to Kuber and embrace a new era of treasury management! #kuber #treasurymanagement #financialoperations #moneymanagement #transformyourfinances

Saw these 12 signs it's time to move on from QuickBooks: 1. Your data lives across many systems. 2. You need advanced reporting and analytics. 3. You are ready to upgrade from spreadsheets. 4. You aim to provide real-time financial insights. 5. You have global operations in multiple currencies. 6. You have several legal entities and bank accounts. 7. You want seamless integrations with other platforms. 8. You have outgrown features like invoicing and bill pay. 9. You are focused on scalability and process optimization. 10. You manage complex finances beyond basic accounting. 11. You need role-based permissions and advanced controls. 12. You want an enterprise-level system to prepare for growth. QuickBooks is great in the early startup days, but if you need to implement a new system, Embark helps! Reach out to me: [email protected]

CASH FLOW. We've all been told it's the most important thing when it comes to business, but... > But do you actually know if you have positive cash flow? > Do you know a good cash flow statement when you see one? > Do you have visibility to the next 90 days of cash sources & uses? Here's a quick primer on cash... 1) Indirect method of cash reporting There are two main ways companies report cash flow - direct method and indirect method (most common). Indirect is how you'll see cash flow in most financial software like QuickBooks. There are 3 sections to an indirect cash statement (see sample image): > Operating Cash = profit + depreciation + changes in working capital > Investing Cash = capital expenditures + asset sales + acquisitions > Financing Cash = borrowings + principal payments on debt + equity raised + distributions 2) What "good cash flow" looks like Not a complete list but you'll want to see: > Positive net income (profitability) > Minimal working capital needs > Low capital expenditures (equipment purchases) compared to operating cash flow > Debt payments that are a small portion of operating cash flow > Minimal (ideally zero) need for more equity contributions yearly > Growing operating cash flow at least on a 3-year basis (looking through business cycles) 3) What "bad cash flow" looks like On the opposite end of the spectrum, here are 3 signs a business is in rough shape: > Negative operating cash flow (especially if it's negative before considering working capital) > Capital expenditures exceeding operating cash flow year after year > Large principal payments or constant equity injections (implies balance sheet issues) 4) Types of cash flowing companies Here are 6 types of company, based on various cash flow patterns: > High debt?– lots of debt with principal payments soaking up most of operating cash > GrowthCo?– negative cash flow patterns with rapid sales growth, usually accompanied by constant equity issuance > Serial acquirer?– frequent acquisitions (big or small) > Dividend champ?– regular dividends or distributions to equity owners > Capital intensive?– frequent big-ticket equipment purchases like equipment rental or trucking > Working capital intensive?– demanding working capital needs (lots of inventory like a distributor or big A/R balance like a contractor) None of these are inherently bad so long as they're managed properly. It's more an exercise in acknowledging where you stand while planning around it. Key takeaways?– I’ve found that certain businesses have an easier time managing to profitability by starting with cash flow. Especially those using some form of cash-basis accounting. Also, please start looking at this report... your cash flow statement is easier to access than you think! We're hosting a Cash Flow Deep Dive class on June 25th... reserve your seat with this link: https://lnkd.in/gH4Qz--y

There’s so much bookkeeping advice out there. And it’s confusing. (Especially for business owners) Listen… When you’re just starting out, focus on building a system: 1. Track expenses weekly: Don’t wait until month end. 2. Reconcile accounts monthly: Spot issues early. 3. Use accounting software: QuickBooks, Xero, and get organized. (I did all these things with my first clients) Once you have a system in place, focus on optimizing: 4. Analyze your cash flow regularly: Find areas to improve. 5. Review profits project-by-project: Know what’s working. 6. Set financial goals: Focus on growing your bottom line. (That’s how my clients scale today) Remember: Financial control happens in stages. It’s not about perfection. It’s about progress. (Repost if this helps your business ??) P.S. Which stage are you focused on right now? Let me know in the comments!

Here’s What Traditional Bookkeepers Don’t Want You to Know In a world where every penny counts, understanding where your money goes is crucial. Traditional bookkeepers might keep your books in order, but there’s a secret they might not be sharing. Technology has revolutionized bookkeeping, making it more accessible, efficient, and often less expensive than you might think. Firstly, bookkeeping software is more intuitive than ever. It’s designed for those without an accounting degree, with automation that categorizes expenses, sends invoices, and even prepares financial reports. Cloud-based systems mean real-time access. No need to wait for your bookkeeper to send over reports. See your financial picture anytime, from anywhere. Integration with other apps streamlines processes. Everything can sync up seamlessly from bank accounts to payment platforms, reducing manual entry and errors. The cost can be significantly lower. With subscription models, you pay for what you use. Often, there’s no need for an expensive full-time or even part-time bookkeeper. Traditional bookkeeping has its place, and a personal touch is invaluable for some. However, for many small business owners, these tech-driven solutions offer a level of control and efficiency previously out of reach. Curious about making the switch to a more tech-savvy bookkeeping solution? Let’s explore how modern software can transform your business finances without breaking the bank. #innovation #finances #accountingandaccountants #business #bookkeeping