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...

COMMON PERSONAL FINANCE MISTAKES TO AVOID:                 Every Entrepreneurs trying to get a successful idea and make the investment over his idea. But the investment they has are very limited or not too much for them to manage their all expenses and costs of their running projects. They make many mistakes during their decision making process. That mistakes are the main cause of their failures in the markets. Here are some common mistakes that are the main factors which fails an entrepreneur idea and through these mistakes they loss their all investment which they invest through their personal finance funds. The list of the common personal finance mistakes are as follows. Confusion in decision making:                 Everyone cannot take risk. Risk management is an ability and skill which make a person perfect. Be...