money talks Archives

Tips + Tricks: How Hiring a Local Accountant Can Improve Cash Flow Management

October 20, 2024 1 Comment

tips and tricks, money talks, money matters, business, business tips

Cash flow is the lifeblood of any business, no matter its size or industry. Effectively managing the inflow and outflow of cash is crucial for maintaining the business’s financial health. However, the complexities of balancing day-to-day operations, expenses, revenue, and unforeseen financial challenges can be overwhelming for business owners. This is where hiring a local accountant can be a game-changer. Local accountants bring expertise and insight that can drastically improve cash flow management, helping business owners maintain financial stability and make informed decisions.

The Benefits of Hiring a Local Accountant for Cash Flow Management

1. Deep Understanding of Local Market Dynamics

One of the greatest advantages of hiring a local accountant is their in-depth knowledge of theregional business landscape. They are familiar with local market trends, regulations, economic changes, and industry-specific nuances affecting cash flow. For instance, accountants providing Manchester Accounting Services understand the financial environment in the region and can anticipate potential challenges and opportunities specific to that region. This expertise allows them to provide relevant and actionable advice for your situation.

Compared to accountants far away who may not fully grasp the local economic context, a local accountant is closely connected to the business community. This understanding can help them recommend strategies tailored to your local market, ultimately enhancing your cash flow management.

2. Accessibility for Better Communication and Decision Making

Proximity is a key factor when dealing with financial matters. A local accountant is easily accessible for face-to-face meetings, which can be more effective than remote conversations. These in-person consultations allow for detailed discussions about your cash flow, enabling you better to understand the nuances of your business’s finances.

Clear and open communication is vital when managing cash flow, ensuring quick responses to financial concerns. A local accountant can provide timely support and advice, especially when cash flow patterns change. Their availability helps you make informed decisions quickly without needing back-and-forth emails or phone calls across different time zones.

Announcement, money matters, mum shares, Products and Brands

Mum Shares: Cebuana Lhuillier ~ More Than Seven Decades of Uplifting Filipino Lives

February 11, 2024 No Comments

Since the first Cebuana Lhuillier pawnshop was opened in 1953 {previously known as Agencia Cebuana}, the company has continuously provided Filipinos with ease and comfort, especially when it comes to financial access. More than seven decades after, Cebuana Lhuillier, remains to be a household name in the country, as it has established a strong presence in Filipino lives as the leading microfinancial services provider.

By operating close to 3,500 branches nationwide, the company has successfully reshaped the financial landscape and elevated societal access to financial products and services in many ways possible.

Over the years, the company has strategically positioned itself at the intersection of financial and social impact, therefore transcending traditional business boundaries. It has redefined the role of a financial institution as it embraces a multifaceted mission that goes beyond conventional norms. At its very core, Cebuana Lhuillier consider microfinance as a social mission rather than a business of numbers, thereby assisting Filipinos in every step of their financial wellness journey.

Moreover, the company has also launched several corporate social responsibility {CSR} initiatives and specialized projects that uplift Filipinos, the company has shown its deepest intentions of helping Filipinos in the many facets of life. Aside from pushing financial wellness, Cebuana Lhuillier also advocates for education and champion sports development.

“We purposely continue to develop new products and services that we know will help uplift lives of Filipinos. We believe that our market is capable of making smart financial decisions if provided access to good products. Aside from that, we also champion education and sports as we believe that these are good tools for people to improve their lives”, says Jean Henri Lhuillier, Cebuana Lhuillier’s President and CEO.

money matters, Tips and Tricks

Tips + Tricks: Press Play On Your Financial Goals With FWD Life Insurance

April 1, 2023 No Comments

FWD’s Press play campaign encourages Filipinos to pursue their goals once more

Every day is a new chance for happiness, for living life to the fullest, looking at things from a different perspective, and being closer to achieving our goals.

FWD Life Insurance recently released its newest campaign, Press play, to encourage people to press play on their goals that were halted by personal challenges, lack of resources or time, or perhaps the pandemic. Press play was inspired by FWD’s DNA and brand promise to celebrate living. For over five months, FWD searched all over Asia for real people who are doing just that.

One of the six featured individuals is Filipina Pau Javier, who switched careers and became a potter during the pandemic. The former producer for TV and independent films not only pursued her hobby, she also founded Wabi-Sabi Studio with her sister and now teaches pottery and sells her own creations.

Press play’s featured individuals reassessed their lives and goals, made changes, and are happier for it. That’s what we all aim for, isn’t it? Pursuing your goals can lead to happiness, according to a study by the University of Basel. As long as you have goals that seem attainable to you, your psychological wellbeing can improve, the study said.

Working on goals gives us a sense of purpose and control and leads to self-confidence and exploring life in directions we may not have considered before. Ready to restart on your goals and make new ones? Here are 5 goals that are worth pressing play on.

Health and well-being goals

People in good health are physically active and get adequate rest daily. No matter how busy your day is, get moving at least 30 to 60 minutes a day and aim for 7 to 8 hours of sleep to help your mind and body recharge. Eat more plant-based foods and swap fatty meats with healthy fats from fish and nuts. Maintain a healthy weight and less than 25 BMI.

It helps your mental wellbeing when you try to pass on joy to people around you and talk to trusted friends and family members when you’re feeling stressed. If you feel overwhelmed by your sadness for extended periods, talk to a professional and get help. Peace of mind is also an important factor in your total wellbeing. One of the ways to achieve that is not having to worry about your health. Getting a health insurance is the best way to avoid stressing about getting sick. Knowing you can focus more on your wellness and recovery in case you get sick takes some heavy load off your mind.

Financial goals

Learn to manage your money. This involves spending, saving, earning, and investing. Financial goals are essential to creating a household budget and getting a clear picture of what you have and what you aim to have. Building an emergency fund should be an essential part of your financial goals which can be used for unplanned expenses like medical bills and simple (but costly) things like roof repairs or a fender bender.

Talk to experts who know how to guide you in achieving your financial wellbeing, like an FWD financial advisor. It also pays to study and research money matters and tips on investing to grow your money even more. Experts can help you identify what kind of investment suits you, and having their expertise can help you focus on your goals.