The art of pricing
Setting the price for your product is a science, although you will be having to apply a little bit of creativity. That is the art of pricing: too high and you will be losing market share, too low and you …
Category: Finances
Simple pricing strategy using the break-even
Some weeks ago someone asked me about the suitability of opening a stall in the market. Go ahead!, I said to encourage him (I am always keen to entrepreneurship). However, I inquired if he had spent some time looking at …
Basic cash-flow forecasting
From a management acconting point of view cash-flow is a matter of budgeting and monitoring of the cash inflows and outflows. Accountants will not only be concerned with the preparation of a yearly budget, but its quarterly, monthly, or even …