Author: Phuong Anh Nguyen Thi
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Breakeven Analysis: A Crucial Tool for Business Planning
In business, understanding when your company will start making a profit is essential for long-term success. One of the most effective tools for this purpose is breakeven analysis. This financial calculation helps business owners determine the point at which total revenues equal total costs, meaning the business covers all its expenses without generating a loss…
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Capital Raising Strategies for Small Businesses: Popular Methods
Raising capital is one of the most critical challenges that small businesses face when seeking growth opportunities. Whether it’s to expand operations, launch new products, or improve cash flow, obtaining sufficient funds is essential to business success.
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Investing in FinTech: A Solution to Optimize Business Financial Performance
The financial technology (FinTech) industry has rapidly transformed the way businesses manage their finances, and its influence is only growing. For many businesses, especially small and medium-sized enterprises (SMEs), the challenge of optimizing financial performance often comes down to resource allocation, financial tracking, and data analysis.
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Revenue Growth: Achieving It Without Increasing Financial Risks
For any business, revenue growth is a key indicator of success and sustainability. However, achieving higher revenue can sometimes come at the cost of increased financial risks. Striking the right balance between expansion and managing potential risks is crucial for long-term stability. In this article, we will explore effective strategies for driving revenue growth without…
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How to Build a Sustainable Financial Strategy for Startups
Building a sustainable financial strategy is one of the most critical steps for any startup. Without a well-planned approach to managing resources, startups risk running into cash flow problems, excessive debt, and operational inefficiencies. A sustainable financial strategy ensures that a startup can weather financial challenges, grow steadily, and achieve long-term success. In this article,…
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The Role of Management Accounting in Business Decision-Making
Management accounting plays a crucial role in driving business decision-making, enabling managers to make informed choices that impact the direction and success of an organization. Unlike financial accounting, which focuses on reporting historical financial data to external stakeholders, management accounting provides internal insights, helping leaders evaluate business performance, control costs, and plan for future growth.
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Corporate Budget Planning: What You Need to Know
Corporate budget planning is an essential process for any organization, large or small. It helps ensure financial health, directs resources efficiently, and supports strategic decision-making. A well-crafted corporate budget allows businesses to align their goals with financial projections, optimize expenditures, and manage growth.
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Debt Management in Business: How to Avoid Financial Crises
Managing debt is a critical component of running a successful business. While some level of debt is often necessary to fuel growth and expansion, poor debt management can lead to severe financial distress and even threaten the survival of your company.
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A Guide to Optimizing Operational Costs for SMEs
Running a small or medium-sized enterprise (SME) comes with numerous challenges, particularly in managing operational costs. For many businesses, controlling these costs effectively is the key to improving profitability and ensuring long-term success.
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Why Financial Statement Analysis Is Key to Business Success
In today’s competitive business landscape, understanding the financial health of your company is crucial for making informed decisions and ensuring long-term success. One of the most effective ways to evaluate a business’s performance is through financial statement analysis.