Finance

How To Keep Your Hotel In The Black

It’s no question that being in the hotel and hospitality business is difficult to be successful in. You need to make sure that your hotel caters to a particular kind of niche client depending on its location and price point. It also isn’t a guaranteed thing that you’ll have the same amount of customers from…

Are You Paying Too Much for Invoice Finance?

Invoice finance is a handy way of getting an advance on your outstanding invoices. Many businesses (over 40,000 in the UK alone), use invoice finance as a way of managing and improving cash-flow. Broadly speaking, invoice finance comes in two forms – factoring and discounting. The key difference lies in whose name is used to…

Accounting Principles and Concepts Demystified

Take the hypothetical scenario where you are told to compare apples with oranges. Any sane person can tell that it is not wise to compare apples with oranges. The same rule also applies to financial accounting. Just imagine how the situation would be if every organization started following its own format for creating Accounting Financial…