Good business financial management involves preparing for adverse or unwanted situations, such as default. In this sense, it is important to know what credit risk is and how it can affect the business. From there, it is possible to monitor and manage this condition through risk measures. As a result, you can reduce defaults, increase the level …
Month: February 2025
Financial management of a business consists of a set of techniques and activities aimed at managing the company’s money. Management can be done by small entrepreneurs, based on planning, recording and monitoring tools and operations. At the same time, it is common for those responsible for smaller businesses to have doubts about this management process. Therefore, knowing …
Analyzing the financial situation of small and medium-sized companies should be a constant strategic management action in the business routine. In addition to monitoring results, the process also involves good planning. After all, each entrepreneur who plans to run a successful organization needs to know that any action made in the company will have a …
Agility and efficiency. These are two characteristics that modern companies need to have in order to be competitive in the market. And investment in IT is increasingly essential for businesses, even if technology is not the initial focus of the business. In addition to remodeling processes and strengthening brands, information technology drives business strategies and planning. A …
There is still a portion of entrepreneurs who do not believe in the power of technology. The thing is, many of them probably say this while swiping their smartphone screens. In fact, there is no way around it: from street kiosks to multinationals, everyone uses more elaborate software, applications or internal systems to ensure competitiveness …
Technological developments in recent years have become part of the routine of many companies. From small actions to complete automation, technology plays an important role in achieving consistent and long-lasting results. However, technology also serves companies during times of crisis. With falling sales, reduced credit and rising costs, taking the right measures is crucial for …
We are living in the information era where data becomes available every minute from various angles and in every form. However, for most companies, an opportunity to produce more accurate information or predict patterns is in such strategic use. This is where alternative data comes into play. Unlike traditional data (such as sales history and …