Enterprise Risk Management (ERM) – How to get started
Risk is the uncertainty of an event happening in the future. This uncertainty deviates an organization from achieving desired outcomes and hence it has to be managed. Enterprise Risk Management (ERM) involves various strategies that identify potential business risks and analyze them to provide appropriate responses to mitigate and minimize any losses that would have […]
Different Ways To Get Funding For Your Business Idea
A startup begins with a brilliant, unique business idea. The transition from a mere idea to a sustainable business requires adequate funding. To further emphasize the importance of funding, let’s quote-unquote the words of the famous venture capitalist Richard Harroch. ‘It’s almost always harder than your expectations to raise the capital, and it takes longer. […]
Solopreneurs, Homepreneurs, Entrepreneurs – How can they make use of Financial outsourcing services?
“Every time you state what you want or believe, you are the first to hear it. It is a message to both you and others on what YOU think is possible”, is a famous quote by the media mogul, Oprah Winfrey. Entrepreneurs are born from such thoughts, where the possibilities are visible to them, and […]
10 Financial Strategies and Tips for Your Business in 2021
The world shook on its axis when the pandemic was declared in the year 2020. Nothing like this has ever happened in the history of the human race and every industry has felt the shock waves. After the initial lull, people started adapting to the new norm by wearing a mask and bringing school and […]
Is Outsourcing Financial Services Future for Businesses?
Companies operate in challenging environments; they are often faced with situations that prompt them to make quick decisions for the betterment of the organization as a whole. While dealing with any issues, managers always look at the company financials, therefore, accurate financial information is the backbone of any decision. Companies spend a huge deal of […]