Monthly Archives:: October 2017

Digitization of the Company Registry

The Companies Registry is responsible for the registration of business names and limited companies in Kenya. The Registry was digitized and migrated to online...

How Often Should Business Accounts be Monitored?

Joshua Kamau has operated a mid-sized internet service providing business in Nairobi since 2007. “I had an accountant in charge of making collections from clients....

Can lessons from personal cash flow management apply in a business?

Whether it’s by scribbling on the back of an envelope or through elaborate worksheets, the fact is each one of us plans for their...

Managing Cash Flow

‘Cash is King’, is an old saying which describes the importance of cash in running a business. It basically means that cash flow is...

Successfully Convert your Credit Sales into Cash

Many businesses sell on credit to their customers. The sales cycle is never complete until the customer pays for the goods or services supplied....

Managing Cash Flow – Forecast

One tool that is very useful in effectively managing cash flow is a Cash Flow Forecast. A good forecast encourages you to think ahead...

Enhance Your Chances of Securing Business Financing

One common challenge perceived by SMEs is the general lack of support by banks. Business owners, as a result, tend to shun banks and...

Selecting a Capital Structure for your Business

Capital is a necessary requirement to start up a business, operate and generate profits. Lack of capital may lead to business failure. A business...

Interpreting Financial Statements: The Income Statement

The Income Statement is a very useful tool for understanding a company’s performance. It is the most recognised financial statement because it shows whether...