Views on SME Business
How can you create a successful business plan for your SME?
Many SMEs operate without a proper or overall business plan. It happens because a majority of them work on tried-and-tested traditional models and are backed by..
The importance of social media for small business success
Social media is an essential tool for small businesses to build brand visibility, connect with customers, and increase revenue. In the US, almost 77% of small businesses use..
10 proven marketing strategies for small businesses on a tight budget
Marketing a business is about promoting your products or services by increasing their visibility, findability, appeal, and rationale..
Tips for SME owners to help them make wise financial decisions
It is common to see SME owners making financial mistakes that can significantly hurt their businesses. One of the most common mistakes is poor budgeting..
What could be some effective cash flow management strategies for SMEs?
Cash flow issues are common for SMEs. Slowing business or a drop in profits can cause cash flow issues. These situations..
Why is budgeting very important for small business owners?
Budgeting helps small business owners to operate within their means, overcome unexpected challenges, and register profits. A properly prepared budget identifies various..
Benefits of financial planning in small-scale enterprises
Entrepreneurs running their business ventures will have a perfect idea about the costs and expenses being incurred and the profit or loss registered by their firms. Unfortunately, not..
Options available when raising capital for your small business firm
Small businesses have to be creative when it comes to raising capital because of the inherent handicap that they lack a large..
Tips to entrepreneurs for creating a strong credit profile
A credit profile reflects a person or organization’s financial habits and behavior. It helps others evaluate the financial risks of dealing with a particular person or..
How should small business owners plan and prepare for their retirement?
In the modern world, the notion of retirement has become a fuzzy concept because of work-from-home jobs or work-from-anywhere..
What could be some effective strategies for SMEs to reduce debts?
A survey by the Organization for Economic Co-operation and Development (OECD) in 2021 indicated that after the first Covid wave in..
How should business owners prepare for corporate tax in the UAE?
The United Arab Emirates has decided to introduce a federal corporate tax on business profits for the first time from June 1, 2023..