Overcoming financial challenges facing franchises during the global pandemic

Franchises that adapted their business models have coped better during the global pandemic, and some have shown improved performance. However, due to the nature of the franchise structure, which requires uniformity, a franchisees ability to adapt is limited. Franchisors must collaborate with franchisees and lead with an adapted operating model to enable quick and efficient changes.

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Seven benefits of Cloud Accounting

Cloud-based accounting is the ability to outsource the accounting and payroll functions while focusing on the core functions of your business. Outsourcing to qualified accountants and bookkeepers will remove the pressure of back-office processes and complex regulatory compliance while still having the financial information at your fingertips.

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6 ways to better manage cash flow for your business.

Cash flow forecasting is vital to the health of a business. It involves estimating future sales, other cash inflows, and expenses which gives a clear picture of when cash is coming in and how much is going out every month. A cash forecast will highlight trends and provide clarity to plan for outcomes, future growth and making informed business decisions.

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What am I grateful for in 2020?

It wasn’t that long ago that managing employees from a central workplace was the traditional way to operate a business. Covid 19 has forced the world to see that not only is remote working efficient and manageable, it comes with practical cost savings and advantages to both staff and employees that will make it hard to justify a return to full-time onsite working.

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RPA and its trends to look out for in 2021.

RPA and its trends to look out for in 2021

Robotic Process Automation (RPA) allows anyone to configure computer software by combining artificial intelligence and human interactions within the digital system. Performing daily tasks like calculations, transactions and maintaining records is made easier.

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Remote Working the New Normal

It wasn’t that long ago that managing employees from a central workplace was the traditional way to operate a business. Covid 19 has forced the world to see that not only is remote working efficient and manageable, it comes with practical cost savings and advantages to both staff and employees that will make it hard to justify a return to full-time onsite working.

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Linking Sri Lankan Talent And Outsourcing

One of the biggest risks is privacy or security of data can be compromised if lost, copied or bought out by a competitor. The data theft happens either by hacking from a remote place or information is stolen by an employee.

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What Matters the Most in the Business

One of the biggest risks is privacy or security of data can be compromised if lost, copied or bought out by a competitor. The data theft happens either by hacking from a remote place or information is stolen by an employee.

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Leadership During Covid-19

The lovely Tima Elhajj interviewed Accario’s Director of Stakeholder Relations, Kat Izzard, on how Accario has been taking care of our employees during the pandemic.

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Coping with Crisis – Jenny Makros

It’s important to recognise the seriousness of the public health challenges facing our community and be mindful that reacting from a place of panic and fear is usually unhelpful, especially in the long-term.

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