Accountancy & Financial matters Management blogs

As Secretary-General with Chamber of  Commerce and Industry , on a daily basis, I am receiving phone calls and meeting many peoples from different backgrounds according to their skills and expertise in different industries. Federal and Provincial Governments announced their budget and the present slowdown economy affected the National GDP and economy very badly. According to the publicly announced budget and data from the Planning Commission of Pakistan and the Ministry of Commerce the reported growth rate in the industrial manufacturing sector 0.3. That is too much panic and the mentioned statistics badly affected the national growth. The impact on the services sector is too much high and almost many people, ex-colleagues, friends and family members in social circle lost their jobs or in some cases, they were not paid by their employer since last two months in many cases employer deducted the huge portion from the percentage of their salaries. We all are observing the sa...

Selling Your Business:             Selling your business permanently is a very tough job of the world. Because It’s easy to left a job as compare to selling your own business . Because you start it after a selection idea and you also reject thousands of ideas for it. You give your precious time to it and worked hard to maintain it and struggled for its growth and success.             Everyone knows that failures are the part of life. The Entrepreneurs and Business owners are the ones who struggle hard to maintain their growth but some time due to internal and external issues they are unable to maintain their grip our their business and at last they decide that to sell it off. There are some important points that helps a person to sell his business easily. These points are as follows: 1.     Struggle till at the last movement to save your busines...

INVESTMENT TO BUY A PROPERTY OR HOME:             Home is the basic necessity of our life. A person whole life struggle cycle is based our some key points. These points or life aims and objectives are Food, Safety, and Shelter. There are many other essentials of life but these all are came after them and that’s are education, career, religion, ideology, and productivity. If a person has not a proper living shelter like house, we cannot say that he/she a successful person in the society or community. There are some essential points which we need to keep in  mind before making a final decision. This is the biggest investment of our life. Everyone want to make it the more effective and efficient decision. The most essential key points before decision making about your life are as follows: Sufficient Research:               You need a proper su...

Possible Mistakes in Buying an Insurance Plan or Policy:                 InsurancePolicy or Plan selection and buying is a difficult policy and many people make mistakes in buying of it. Many People take many advantages through it and they are the role models to their communities. Because they are enjoying the financialfreedom and many more benefits from it. But there are many points which we need to know and avoid the most common and possible mistakes during the buying of insurance plan or policy. The most possible mistakes which a common buyer face are as follows: 1.        Every buyer need to identify his life future goals objective and to understands his future life strategic plan. Because mostly buyer not know that Why they are buying the policy? What are their motives?   and What they want Investment or Protection or both? 2.   ...

Thinking of a Financial Professional:                 Finance deals with the study of investments . It talks about the business motives like about its assets, liabilities, profits, revenues, expenses, uncertainty and risk. We can say that it is a science of money management. Financial professionals responsible for the management of investment and they are the goalkeepers of business and its shareholder's interest and working as a safeguard of their investment in the business. Business cultural is too much fast and the world is now considered a global village in which the business transactions, interests are very complex to manage. That’s the reason now the business organizations and owners always prefer to hire the people who think very fast, smartly and dynamically to manage their work and to protect their investment and business operations. Now the thinking of a financial professional is c...

Financial Management in Dynamic Business Cultural: Everyone knows that cultural is the name of change and the culture is not always being same its changes with the passage of time and the word Dynamic means the motive to change. If we put this all in the Business Cultural we can say that every business culture is not same it changes with the passage of time. The Dynamic Business Cultural is cultural which gives motivation to the business key stakeholders to move towards their goals and targets in a motivated fast way. Financial Management is the key part of a business organization. The Financial management team responsible to make the decisions about future business investment. They are also working as goalkeepers for the business to rescue the business capital and all the investment in other projects. Now the business market is too much dynamic and that affects the working roles of every business department. We have many examples in our surrounding which shows that th...

Financial Measures:                 Financial Measures means the measurement of the financial performance of the business and its projects. Performance measures can be defined, to check and measure the efficiency of a business investment which is invested or capitalized in a business project and through this investment they want to measure the business financial performances .                 There are many financial performance measurement tools or ratios which helps the business to check and measure the business performance and its financial growth. We have many examples to check out the financial performance and investment outcomes, like ROI –Return on Investment which helps us to measure the total return over investment. The formula which is used for ROI is Net Income of that period divided by the Average total ...