Better controls: Often, small companies lack a breakup of duties. One person is performing all of the financial assignments. This is a situation that can lead to fraud and theft. Hiring a Virtual CFO to perform these services gives you peace of mind and greatly reduces the risk of losses due to theft and fraud. Increased cash flow: Is your cash flow not where you … Continue reading Virtual CFO benefits and Our Services
Here’s your friendly reminder that the 2018/19 Tax filing extension deadline for business and individual returns is October 31st! ✔️ Your accountant is going to need some time to work on them before that and you know what they appreciate the most? A great bookkeeper! What’s stopping you? Let’s talk ➡️ 0336-5116392 #TaxExtension #SmallBusinessTips #VirtualBookkeeper Continue reading Reminder
OUR SERVICES: – Company Registration – NTN / Sales Tax registration – Income Tax / Sales Tax return filing – Accounting / Book Keeping Refer your friends and we will file your tax return at a discounted rate! Email: firstname.lastname@example.org Call us at: 0336-5116392 Continue reading File your TAXES now!
Senator Elizabeth Warren popularized the 50/20/30 budget rule in her book “All Your Worth: The Ultimate Lifetime Money Plan.” The basic rule is to divide after-tax income, spending 50% on needs and 30% on wants while allocating 20% to savings. Needs Needs are those bills that you absolutely must pay and are the things necessary for survival. These include rent, car payments, groceries, insurance, health … Continue reading 50/20/30 Budget Rule Explained
When should a small business owner hire a CFO? While there is no right answer, there are certain indicators. What are some internal indicators that a small business owner should hire a CFO? An important internal tipping point is when information that helps the business make timely and important decisions is not being prepared. Business owners make decisions at the pace of the business and … Continue reading Signs your Small Business needs a CFO
Without bookkeeping, it’s impossible to measure the true success or failure of your business dealings. You won’t know that your 2,000 rs per-month magazine ad campaign isn’t worth the investment. You’ll have no idea why you barely have enough money to operate your business, and you won’t know where the money went. A smart business owner realizes bookkeeping has several undeniable benefits. Cash Management Benefits … Continue reading Benefits of Bookkeeping
Finperial is a startup providing financial consultancy to other startups and SMEs based in Twin cities. ICON event management and Be The Change along with Finperial organised a free financial literacy seminar for non financial entrepreneurs in Islamabad on 14th September 2019. The event was held at WeCreate Centre F11. Hira Jalal ACCA, founder of Finperial was the keynote speaker. The seminar was attended by … Continue reading FINPERIAL organises Financial Literacy seminar in Islamabad
As a small business owner, you wear a lot of hats. One of those hats might be CFO, but even if it isn’t, you need to have a basic understanding of financial statements for small business and what each one tells you. Knowing how to read and understand financial statements is useful not only for your business but also for personal finances, work on volunteer … Continue reading SMALL BUSINESS: Financial Statements
This free workshop helps start-ups and small business owners understand material related to business accounting and entrepreneurial finance. In this workshop, you’ll gain a basic understanding of finance, accounting and tax concepts to drive the success of your business. This workshop is worth PKR 1500, however we will be running it for free. It will run for 2 hours (5pm-7pm) on Saturday 14th September 2019 … Continue reading Finance for non-financial entrepreneurs
Be very careful while filling income tax return 2019, which will be open around September 2nd or 3rd. FBR will be using systematic matching technique to catch those who fill incorrect information or hide assets. Accordingly to experience Tax payer makes 5 common mistakes. Hiding Tax on Education local section 236I & Aboard 236R both, Kindly avoid this mistake. Hiding Capital loss on securities : … Continue reading A little mistake can hurt you BIG TIME.
ICAP’s Magazine “The Pakistan Accountant” published an article on “How Virtual CFOs reshape growing business” FINPERIAL is incomparable in this area and has been promoting necessity of CFO’s for businesses and providing quality services of Virtual CFO in Islamabad and Dubai. Contact us today to discuss how we can provide you premier services without any significant investment. 0336 5116392 email@example.com Incase you need to read … Continue reading Virtual CFOs – You need one! Even ICAP agrees.
Federal Board of Revenue (FBR) on Saturday urged people to file complaints against businessmen who are charging sales tax without registering themselves under sales tax act. According to details, FBR has issued a circular which states that general public has reported complaints against the businessmen who are charging sales tax from consumers without being registered with FBR under the Sales Tax Act-1990. “It is, therefore, … Continue reading FBR – Take Action if Sales Tax is Wrongly Charged
IMF resident representative Teresa Daban Sanchez in Islamabad outlined some restraints, deterring Pakistan to utilize $6 billion 39-months bailout Package. Referring to CPEC projects, she said it’s largely a commercial venture in power and infrastructure areas of Pakistan. She acknowledged the fact that CPEC helped Pakistan deal with severe power shortfall. She rebuffed the perception about Chinese Debt Trap and expressed that the debt sustainability … Continue reading Inflation might further go up but in the long term Pakistan is looking at growth- IMF
The Federal Board of Revenue (FBR) extended the deadline for filing of income tax returns for the year 2018 to August 9th 2019 coming Friday. “In Continuation of Circular No. 07/2019 dated 02.07.2019 and in exercise of the powers conferred under Section of 214A of the Income Tax Ordinance, 2001, the Federal Board of Revenue is pleased to further extended the date of filing of … Continue reading New deadline by FBR- August 9th 2019
Latest update 4 dead and 30 injured in an explosion at Mezan Choke Quetta . It is a really sad moment for us😭. May the soul of martyrs rest in Jannah. (Ameen) Pak army #PlaneCrashed in residential area in Rawalpindi, 17 died, many injured Continuous firing of indian army in Leepa Valley and Neelum Valley, 3 died, 35+ injured Blast in #Quetta, 4 died, 32 … Continue reading Quetta: 4 martyred, 30 injured including 4 critical.
Have you been #laidoff due to the #pandemic? Do you have an account with Askari Bank? Have you taken a loan from Askari Bank or use their #CreditCard? Good news- rather some hopeful news- Askari Bank will view your case and accommodate with whatever they can. Askari Bank’s take: The pandemic of Covid-19 is impacting us all at a very personal level and in the … Continue reading Askari Bank facilitating COVID-19 terminated employees and self employed who suffered losses.
Elon musk losing his marbles! Stay at home orders are getting to everyone. Tesla Founder #ElonMusk tweeted that the Company’s Share price was Too ‘High’. Elon Musk is on the cusp of a $730 million award, even after a tweet tanked Tesla’s stock CEO is poised to reach key performance goal in the coming days Not even a pandemic — or a tweet — can … Continue reading Elon Musk having a Mental Breakdown?
Give me a problem, I solve it. That’s how entrepreneurs work, right? We’re problem solvers by nature. That’s great in theory, but here’s the thing: How do you know that you’re working on the right problem? That you haven’t overlooked the root cause? That your chosen solutions are the ones with the highest potential impact? Answering these questions is actually pretty easy. All you have to do … Continue reading Follow this five-step process for defining your root problem, breaking it down to its core components, prioritizing solutions, conducting your analysis, and selling your recommendation internally.
We wish you and all your loved ones all the blessings of the holy month.Ramadan is a time of sacrifice, devotion and renewed strength. Though the spirit will not change, but this year, Ramadan will look a little different as we continue to fight the challenges of COVID-19, and work hard to keep our people safe and healthy by staying home and following the public … Continue reading Ramzan Mubarak
Nisab for Zakat deduction on bank accounts for the current lunar year has been fixed at Rs. 46,329. According to a notification put out by the Poverty Alleviation and Social Division, no Zakat deduction at source will be made in case “the amount standing to the credit of an account in respect of the assets mentioned in column 2 Serial No.1 of the first schedule … Continue reading If your bank balance is more than Rs. 46,328, banks will deduct ZAKAT
Crux of the SituationFind the essence of each situation – the “crux of the issue.”Almost all problems have a “key log” that can clear the “log jam.” Climb a tall tree to “look down” upon the situation.Locate the key log.“Blow” the log which then lets the stream do the work.Though it will work, don’t start at the edge of the jam and move all the … Continue reading Problem Solving and It’s Aspects
Even if you have a knack for closing deals or have effective brochures, advertising and website pages for generating individual sales, that’s often not enough to maximize your profits. Using a variety of sales management techniques to reach that extra 5 percent to 10 percent of your potential can mean the difference between keeping your head above water and generating profits that fund your continued … Continue reading Why Small Businesses should have a Sales Strategy
Dear Clients, What a week it has been! In an increasingly global world, we may at times face challenging situations, which alter the way we do business, manage client relationships and go about our day to day life. The COVID-19 Pandemic is having a dramatic impact on our business as well as millions of businesses around the world. We have seen world leaders scramble to … Continue reading Our Message
To contain the spread of the coronavirus, the State Bank of Pakistan (SBP) has asked banks to waive charges on any online fund transfers. SBP has instructed banks to waive all charges on fund transfers through online banking channels such as inter-bank fund transfer. They will also not incur any cost in case of using ATMs or visiting bank branches to transfer large amounts and … Continue reading Transfer funds for Free- InterBranch, InterBank, Jazz Cash and any other medium.