Management

Fast Close – Closing your Books faster every month and year end

Fast Close - Closing your Books faster every month and year end

A Fast Close is for you if you could answer the following questions with "Yes". Are you wasting time every month and year to close your companies Books? Do you feel you have forgotten something in your financial closings?

Than a "Fast Close" might be the right thing for you to do.

But what is a "Fast Close"?

A "Fast Close" is a lean procedure by which you streamline your closing activities. It takes out the hassle of closing your books and gives you some more benefits.

On top of the above a Fast Close could even help other employees in your business to understand, why certain information is needed at a specific date every month.

From my own experience I could tell, that explaining someone why they have to deliver certain information or documents is a great eye opener for many people.

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Posted by Stephan Szugat in Finance & Accounting

Signs of a business crisis and actions to overcome it

1. Introduction

A business crisis could hit any business anytime. Nowadays you often hear that the number of the insolvencies is rising. Which reasons ever led to insolvency, it nevertheless, destroys workplaces and values which the companies have built.

Added to the destruction of values and workplaces, personal tragedies of the present owners and employees are also worth to mention.

That's why every business owner should recognize a businesses crisis as early as possible, to be able to master them well.

And the size of a business does not make the possibility of a crisis go away. No, in fact we have seen even big companies going down the tube.

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Posted by Stephan Szugat in Management

How to easily and effective manage your business

Today it seems hard to easily and effective manage your business as there are so many things you have to comply to and so many options how to work. Here I like to bring your focus back to the four things you need to do to manage your business. in more detail. Though what haveContinue reading →
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Posted by Stephan Szugat in Management

4 Things You Need To Manage Your Business

When you manage your business it might seem to be more than four things you need. Well, it depends on your focus.

Yes, there is always lot's to do in a business. And we all might have days where we feel we didn't moved to much.

That's why focus is so important. However, this article isn't about focus. It's about the things you need to manage your business.

There are just four things that will help you to focus and manage your business at once.

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Posted by Stephan Szugat in Management