In Zimbabwe, all businesses are legally obligated to register for taxes through the Zimbabwe Revenue Authority (ZIMRA).
The income statement, also referred to as the profit and loss statement, is one of three major financial statements, providing a summary of a company's revenues, expenses, and resultant profit or loss
Defining a compensation strategy is an important activity for all companies, including startups. Compensation describes the cash rewards paid to employees in exchange for the services they provide.
An acquisition is a strategic business transaction where a larger company acquires a controlling interest in another company, gaining operational management control and decision-making authority.
A cash flow statement tracks the inflow and outflow of cash, providing insights into a company's financial health and operational efficiency.
Choosing the right accounting system for your business is a critical decision that can impact your financial management and overall efficiency.
Bootstrapping is a method of building a business using personal savings, revenue generated from the business and minimal external funding.
A balance sheet is a financial statement that provides a snapshot of a business’s financial position at a specific point in time.
Inventory turnover is a key financial metric used to evaluate how efficiently a company manages its stock of goods. It measures how often inventory is sold and replaced over a specific period.
Customer Acquisition Cost (CAC) is the total expense a business incurs to acquire a new customer. This metric is crucial for understanding how much a company is spending to grow its customer base.
Sales conversion rate is a key metric that shows how effectively your business turns leads or website visitors into paying customers.
Consumer insights involve analysing data to understand customer behaviours, preferences and motivations.
Choosing the right legal structure is a critical decision when starting or managing a business.
A business success metric is a quantifiable measurement that business leaders track to see if their strategies are working effectively.
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