⏱ 2 min reading Why should I set up an emergency fund exactly and how much money will you need to store in it? According to some experts, it should cover at least €1000,- if it’s your personal finances. But in most cases, this will not be sufficient for business owners. Not one business owner…
⏱ 5 min reading We’ve briefly covered this topic before, but it honestly deserves its very own blog. Separating your accounts and then setting up different funds within your business account will give you major advantages. We’ll briefly touch again upon why it’s so important to separate these things and subsequently go into the different…
⏱ 3 min reading Is there a more annoying thing than customers who do not pay their invoices on time or just don’t pay them at all? Probably not. Getting your customers to pay can be a hard and time-consuming activity which shouldn’t even be a necessity. There are a couple of things you could…
⏱ 5 min reading The majority of business owners will likely at one point have thought: how can I go further? Particularly if you own a seasonal business, you will know about the struggles of the quieter months. But this is not only the case if you have a seasonal business. At any given point…
⏱ 3 min reading Mistakes are human. We all make them. But when it comes to financial mistakes in your business, it’s only natural that you want to avoid these at all costs. Because the costs of a financial mistake in your business can be high. And if you’re prepared and informed, this might help…
⏱ 2 min reading We feel it’s quite a common reality that very often people decide to have their own business, not because of the money, but that they eventually decide to stop the business because of it. When you really stop and think about it, that is quite a depressing thought. People have big…
⏱ 4 min reading Staying on top of your money is basically one of the most important things as a business owner. But no matter how hard you try, there will always be things that slip your attention or which go by slightly unnoticed. These little nuisances can turn into big things and therefore it’s…