Cedi Consult

Cedi Consult Account Preparation, Tax Consultancy, Internal Control Procedures, Strategic Ex*****on among others

On 23rd August 2023 Cedi Consult an Accounting, Tax, Audit and Financial Management firm with FBN bank organized an SME ...
21/09/2023

On 23rd August 2023 Cedi Consult an Accounting, Tax, Audit and Financial Management firm with FBN bank organized an SME clinic for its clients. Some area covered include
1. FBN bank product
2. The regulatory environment and compliance
3. Tax for SME
4. Business growth
5. Basic Financial Management
6. Benefits of AfCFTA to SMEs

For more information please reach Cedi Consult on 0507200958

Managing Small business finance 6. Monitor your booksEven if you are not an accountant, you must keep good records of it...
21/06/2023

Managing Small business finance

6. Monitor your books
Even if you are not an accountant, you must keep good records of items you buy and all payment received including a list of people who owe you money and people you owe money to.

7. Focus on both expenditure and return on investment
What is your profit percentage in relation to your investment in your business. Compare to return on other investment available.

9. Get professional advice ( consultant)
A consultant can help you Plan your business Take off strategy Expand Diversify Keep your books Match up with technology Manage your finance Get assess to loan

Managing Small business finance Still on things to do as an SME to give you a competitive advantage 3. Don’t be afraid o...
20/06/2023

Managing Small business finance

Still on things to do as an SME to give you a competitive advantage

3. Don’t be afraid of loan
Loans can make business owners worry if not properly handled, but it can be used to finance capital and help the business expand quickly.

4. Keep good business credit
As your business expands, you may deal with suppliers on credit arrangements. Try not to be a bad debtor to your suppliers.

5. Learn to manage your debtors
You must strategize on how to manage slow invoice payers. Example, give discount for early payment or breakdown payment plan. If your customers don’t pay early, you may have cash flow problem.

Managing Small Business FinanceHere are a few things you should do as a small and medium size enterprise (SME) to stay o...
19/06/2023

Managing Small Business Finance

Here are a few things you should do as a small and medium size enterprise (SME) to stay on top of your business;

1. Pay yourself
As an SME it can be tempting to put everything into your day to day operations. This may stress you out and as you are not able to take care of yourself, you may loose interest in your own business.

2. Invest in growth
It is important to set money aside and look out for growth opportunities in your area or consider diversification.

Starting a small business is extremely difficult. Out of every 10 new small businesses only about half stay opened for 5...
18/06/2023

Starting a small business is extremely difficult. Out of every 10 new small businesses only about half stay opened for 5 years and only a third make it to the 10 years mark. That is why it is essential to make every effort to succeed and to do that, every small business requires one of the most fundamental skills and tools which is a sound financial management.

17/06/2023

We are Cedi Consult, a business consultancy firm. Our goal is to help small and medium scale enterprises navigate the financial and accounting requirements of their business. We specialize in meeting statutory compliance requirements, providing tailor made business solutions to meet your specific business needs, financial advisory services and more.

We want to see your business grow, that is why we take the burden of working on your numbers to come out with detailed analysis and recommendations so you can focus on making sound business decisions.

Let us do the hard work while you do the smart work.

Cedi Consult, your partner in financial confidence.

Address

Haatso
Accra
00233

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

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