Our latest article discusses some initial thoughts on the recent geopolitical moves affecting the Caribbean and Latin America. Have a quick read then join the conversation.
https://t.co/yQyJi7mWDF
The Caribbean runs on a different calendar and if you plan to run a successful business here, you must know these movements. Here are five seasons that move money across the Caribbean.
Full story here: https://t.co/H1e9ojzJLq
A Jamaican consortium led by the local holding company, Norbrook Equity Partners Limited has acquired 79 Kentucky Fried Chicken (KFC) and Dairy Queen restaurants in Panama from Franquicias Panameñas, S.A. referred to as FranPan.
Full story here:
https://t.co/vhDxBS567f
Former US President Donald Trump found guilty days before the Repbulican Party likely to select him as their candidate for the upcoming elections. We'll monitor how this uncertainty impacts the markets over the coming days.
Donald Trump became the first former president to be convicted of felony crimes Thursday as a New York jury found him guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex.
Chips, oil, or batteries..who will rule the next 50 years? Explore this and more business news highlights in this edition of #TMFU.
https://t.co/wqvfhDBkGA
#businessnews#trackingmoney
Welcome to the Tracking Money Financial Update, affectionately known as the TMFU. Here’s the money news recap for busy business people. Tweaking this based on your feedback so let us know what your want to know!
#tmfu#trackingmoney
✅ 5-min read here: https://t.co/E1q0krd8ks
Take your small business to the next level with our top 5 budgeting tips! 💸💼
1. Track expenses, 2. Set realistic goals, 3. Invest in technology, 4. Negotiate with vendors for costs and credit, and 5. Create a buffer for unexpected expenses. #SmallBusinessTips#Budgeting101
✅ Pro tip:
If it's calendar month, place your orders closer to the start of the month. This way you have about 3 weeks in that month to move that inventory, plus 4 weeks in the following month during your real 30 days.
Understanding and leveraging credit terms with vendors is crucial to cash flow. Mind the details. For example Net 30 = 30 days credit. Confirm whether that time starts counting from 1. Invoice date, 2. Good receipt date, or 3. End of calendar month.
Welcome to the first week of April. This a bank reconciliation time so download those statements in PDF and spreadsheet format and let's get to work. No shame if you need to sort out January- March. Just get it done so we can review results. 🙌🏾
What's wrong with entreprenuers? We have this seemingly unquenchable curiosity for identifying people's needs, then figuring out how to sell the solution profitably. Without that curiosity it's hard to keep going.
What else is "wrong"?
Business owners are busy! If there's one thing you should make non-negotiable is bank reconciliation, at least monthly.
Assuming you're not doing everything in cash like a 👀, comparing your books to the bank and credit card statements can get things clear very fast.
I was an accountant, running a business, with accounting that was, well, less than ideal. Here's the story of how we survived, got it together, and how you can do the same.
Full story here: https://t.co/USaHUGMJci
#smallbusinessaccounting#trackingmoney
What's a few hundred basis points between friends right? 🙃 You can have the best accounting and finance team, but it still comes down to proofreading and trying to mitigate human error. Tough one here for the Lyft team.
Full story here:
https://t.co/CJohwID9cE
Charla excelente dirigido por Pablo Sanchez de Grant Thornton en la conferencia acerca de la importancia de manejar un buen contabilidad en tu negocio aunque sea pequeño.
Gracias por enseñar estos puntos sumamente claves.
On site with Brian Lutz @xopabrian for the @losemprendementes conference in Panama. Ready to learn and connect. 😎
En vivo con Brian Lutz por la gran conferencia de Los Emprendementes en Panamá. Listo para aprender y conectar. 🤓