Category: Finance

The globalization process has been going fast even before the pandemic but right now it’s a must for any SME to know how to make an international money transfer for cheap. That’s because the COVID-19 crisis hit all industries hard. Therefore, now doing bus

How much money you want, or need, for your retirement depends upon the lifestyle you want to enjoy when you stop working. Everyone will have different financial requirements when they retire. However, everyone is likely to share the desire to have as much mone

To plan or not to plan, that is the pertinent question when it comes to starting your own business. You may be surprised to find out that many business owners shy away from the advice of a financial advisor, and at great cost. In all frankness, it makes little

When you run a small business, money can often be tight. It’s not like you’re playing with millions in the bank. Plus, any profit that is made often needs to be redirected into the business. However, there are a lot of things that small businesses can do t

Established in 2013 and growing at a rapid pace since then, Xplus London Limited has fast become one of the best business accountancy firms in the South London area. Such is the excellence of the firm and the growth it has achieved, that SME News Magazine is t

Some companies perform their financial procedures in-house, and this can be a long, arduous process that takes up a lot of valuable time, whereas other businesses choose to outsource them. But why do they do this? Here are a few benefits of outsourcing your bu

The Foreign Exchange, known as Forex or FX, has extensive trading hours, high volatility and an intrinsic relationship with fundamental factors such as countries’ economic growth, international trade and interest rates.

In its simplest form, forex trading is the trading of one currency against another, known as currency pairs. This form of trading supports the conversion of any national currency into another, which means that as a result it is one of the most active trading m

With many small businesses facing a reduced workforce, they need solutions that streamline operations to continue operating efficiently. Technologies such as automation really help with this, as they can take away time previously spent on manual tasks. Example

Running a business comes with a lot of responsibility, but managing your tax liabilities is amongst the most important. Many business owners dread having to deal with end-of-year accounts and filing tax returns, but financial management doesn’t have to be as

Almost half of businesses are unprepared for the critical illness or death of a shareholder, according to a study by Legal & General.

For those businesses that have survived and are continuing to thrive during the pandemic, it’s important to monitor the economy and pre-empt events that may impact adversely on your business. But what can be gained from tracking currency values as an entrepr