As a business, you’re always at risk of potential fraud or cyber attacks, so how do you protect your business from them? In this blog, we wi

Although digital banking tools have been around for quite some time, the COVID-19 pandemic brought them to the forefront. Today, we will dis

Businesses should be advised to have a business bank account that meets their needs and supports their business development. Among other ben

Establishing an accounting and taxation system is a crucial task for companies, and perhaps even individuals. These systems assist you in ma

While there are some little distinctions between scalability and growth, they are inherently interdependent. A growing company will ultimate

I would like to take the opportunity to thank all our customers, existing and new, for their support of OVAC Group over the last 12 months.

A seasonal message from the OVAC Group

Having a succession and exit plan is something that business owners need to know and be ready for. Having a well-thought-out succession and

One of the tasks involved in financial planning is creating a financial checklist, which is a list of tasks that a company must finish withi

Planning growth is all part of the business development. When you foresee an increase of your business in areas like clientele, consumer n

This week, we would look at how to raise equity financing. This is a topic for businesses, which we have already touched upon in our blog ‘E

This week we will look at how to access two types of lender financing – debt financing and loans.

Financing is a never-ending process for business owners and entrepreneurs, whatever their size or industry sector. If you decide to seek out

Different measures of profitability exist so a business owner or manager needs to know which of the profitability to watch.

If you are running a business or considering investing in one, you must dig into its financial performance to determine whether it is profit

A crucial skill for any business owner is knowing how to budget and manage the inflow and outflow of cash to fund the operations of the comp

The process of developing a financial forecast involves planning, creating, and executing the forecast, much like any other strategy in a co

What is a strategic asset? Business know-how is a good example of a strategic asset since it is unique, valuable, hard to come by, and heav

A financial forecast is simply an estimate of your company's future revenues and costs. A forecast may be either short- or long-term in natu

Creating a business plan is only one step in the process of being successful. However, many business owners have a tendency to get bogged do