Spain Is A Country That Stands Out

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Small businesses, the owners' personal expenses too. This step is fundamental to have a more balanced management and to know what the real profit of the business is. A fundamental tip given by the accounting analyst at Sicoob Engecred, Lilian Maria Lourdes Batista, is to learn how to do the company's accounting . If your enterprise does not yet have the resources to hire a specialized professional, you can do this task yourself. This activity can be carried out in a simple way.

Using a cash book, for example (there are excellent cash book applications on the market), where everything related to income and expenses must be specified. Creating the habit of writing down all the company's expenses (and also personal ones) makes moible number data moible number data it easier for the entrepreneur to know what the expenses were for a certain period and what amount he can still spend or invest in the business. Have defined goals Having a clear monthly goal for the business is what will give the entrepreneur financial balance.



According to the administrative-financial director of Sicoob Engecred, Ricardo Elias Sandri Wandscheer. “ Having a goal means directing efforts, creating parameters and control points” , he adds. Ricardo cites a practical and illustrative example: “let's consider that an entrepreneur needs to make a monthly withdrawal of R$ 5,000 from his business. And that your profit margin is 20%. So your monthly goal should be to sell $25,000 worth of merchandise.