Category: Managing Your Finances

Managing finances is one of the biggest challenges for small business owners. Between tracking expenses, handling invoices, and staying compliant with tax regulations, many entrepreneurs find themselves overwhelmed by bookkeeping responsibilities. According to a recent survey by Score, approximately 40% of small business owners spend over 80 hours per year handling financial administration tasks. This…

As a business owner or leader, you know that clarity and confidence in your financial decisions can be the difference between surviving and thriving. But for many small- to mid-sized companies, accessing the high-level financial leadership required to grow sustainably can feel out of reach. Enter the fractional CFO—a powerful, modern solution that’s transforming the…

Lease accounting used to be a back-office task — tedious but manageable. Then came ASC 842, and suddenly, managing leases turned into a high-stakes, resource-draining challenge for many finance teams. Now, with automation and the right technology, companies are finally turning this compliance burden into a strategic advantage. The shift is timely. According to a…

Accounting has come a long way from ledgers and spreadsheets. Indeed, modern accounting systems offer tools that do more than just balance the books; they can also be relied on to help streamline your entire financial operation. Whether you run a small enterprise or a growing mid-sized company, adopting a modern accounting solution can make…

Ever build a great idea only to realize you’re unsure how to handle the money behind it? You’re not alone. Many entrepreneurs focus on growth and goals but overlook their own finances until things get messy. Without a clear plan, the line between business and personal spending blurs fast — and the risks get bigger.…

In the fast-paced world of small business, maintaining financial fitness is more than just a necessity—it’s a pathway to success. From accurate financial planning to effective cash flow management, adopting efficient strategies can significantly enhance a company’s potential. By implementing robust financial strategies, businesses ensure operations remain on track and empower themselves to seize emerging…

A good number of small- and medium-sized enterprise (SME) owners are familiar with the process of taking out a business banking loan—either from a traditional bank or a digital bank like Maya—to finance investments and other operational expenses for their businesses. But too few may know that taking out a loan also means that a…

When a well-defined, strategic strategy guides every dollar, financial independence blooms, together in a road plan meant to ensure long-term success: Strong budgets, disciplined savings, and smart investments. A careful financial plan guides decisions throughout life’s chances and uncertainty, turning abstract ambitions into concrete actions that enable a confident path towards a better economic future…

Running a business in Poland can be complex, especially for foreign entrepreneurs navigating the country’s intricate tax and accounting system. With ever-changing regulations, keeping up with legal requirements is crucial yet time-consuming. To ensure compliance and focus on growth, many business owners opt for professional accounting services. Warsaw, as Poland’s financial hub, has a thriving…

In recent years, digital currencies have transformed how businesses operate, creating new opportunities while introducing unique challenges. From facilitating faster transactions to reducing operational costs, the adoption of digital currencies is reshaping business processes worldwide. As organizations navigate this evolving financial landscape, the need for crypto custody solutions has become increasingly crucial to ensure security…