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.
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
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
Be fearless in celebrating your accomplishments! Women in particular are socialised to remain humble and avoid any hint of boasting, while the reverse is usually true of men. You earned it through hard work, so why not shout it from the rooftops? If other people have a problem with that, it is their problem, not yours. Too many people see success as a zero-sum game, … Continue reading Some Motivation
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?
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