by Bionic Chartered Accounting | Oct 27, 2022 | Business, Financial
“I would borrow money all day long, if the cost of borrowing is less than the expected return.” (Brad Schneider, American congressman) At some point it’s more likely than not that your small business will require a business loan. A 2021 study done by Fundera (a...
by Bionic Chartered Accounting | Oct 27, 2022 | Business
“In a way, fraud in business is no different from infidelity in marriage or plagiarism in scholarly work. Even people committed to high moral standards succumb” (Miroslav Volf, Director of the Yale Center for Faith and Culture) Fraud (in this context) is the act...
by Bionic Chartered Accounting | Sep 28, 2022 | Business
“The moment you make a mistake in pricing, you’re eating into your reputation or your profits.” (Katharine Paine, founder and CEO of KDPaine & Partners) It may seem a simple concept but getting your pricing right is an integral part of any business’s true...
by Bionic Chartered Accounting | Sep 28, 2022 | Business
“If you can’t measure it, you can’t improve it.” (Peter Drucker) Metrics are defined as a set of numbers that give information about a particular process or activity. In a business context, a metric is a quantifiable measure used to...
by Bionic Chartered Accounting | Sep 28, 2022 | Business
“If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion” (Elon Musk) The move to the gig economy has been in the works for years. Even before the pandemic people were leaving their...
by Bionic Chartered Accounting | Aug 30, 2022 | Business, Economy, Uncategorized
“During recession greed dies, frugality survives.” (Amit Kalantri, Wealth of Words) With yet another return of loadshedding in August, and major banks upgrading their forecasts to reflect an increased possibility of further economic downturns, recession feels...
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