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.
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.
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
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
At first blush, it seems like the coronavirus pandemic is shutting down the economy everywhere, equally, with frightening force and totality. In many respects, that’s true: Across the country, consumer spending—which supports 70% of the economy—is crashing in community after community, as people avoid stores, restaurants, movie theaters, offices, and other public places. Already, the layoffs have begun, with reports coming in from both big … Continue reading Recession is Coming !
Crisis management Set up a Crisis Management Team (CMT) as soon as possible to oversee major issues, formulate contingency plans, coordinate and align implementation of different departments, and ensure speedy responses and decision-making. If you already have a CMT, review and revise the representatives. Are the right people on the team as this situation rapidly develops? Communicate proactively Managing different stakeholders’ expectations and priorities during … Continue reading Crisis Management Planning to Better Cashflows
Young, happy, rich — you can acquire the latter two things at any point in life, but you are only young once. Your twenties are a great time to begin pursuing riches and happiness. The youngest generation is ambitious and many twentysomethings see value in investing in a business rather than spending their hard-earned money on college tuition. Here are some of the top business … Continue reading Business Ideas for Early 20s
In his recent visit to China, PM Imran Khan pitched five reasons why the Chinese or investors from any other country should invest in Pakistan. Before those reasons start becoming viral, among those blinded by optimism, a reality check is warranted. Khan’s first bullet point was strategic location. If history is any guide, that strategic location has given this country more headaches than benefits. In … Continue reading Why you should INVEST in Pakistan
When it comes to your business, you’re the one who knows how it runs. You’re the one who’s been there from the beginning, and it’s your vision and guidance that has built it to the point it’s reached and paid the groundwork for the future. And the day-to-day in and out of the company is the same. Everything has to run according to the master … Continue reading Are you Poisoning your Business?