A common issue in business occurs when business owners don’t fully understand how profit their business is generating. The Importance of understanding profitability: Financing – Understanding business profitability is important as profits influence financing decisions such as obtaining loans from banks. Dividends– Profitability is also important when extracting dividends […]
Monthly Archives: August 2021
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The entertaining of clients, customers and staff has always been an important part of business strategy. It can help to strengthen and maintain client relationships and improve staff morale and loyalty. But alongside this are important tax considerations. What is entertainment? Essentially, it is hospitality of any kind. This […]
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