Planning a secure financial future is one of life’s most important tasks. Unfortunately, it’s something many people don’t learn until too late in life. The result is many disliked financial situations including not being able to maintain one’s standard of living, difficulty in paying for expenses, health problems due to...
Cash Flow Vs. Revenue: Why You Need to Know the Difference if You Want Your Business to do Well
Is your business profitable? Are expenses from different product lines lower or higher than the revenue generated by that product? Are profits growing or declining?For a small business owner, it’s important to think over these type of questions if you want a clear idea of where your business is going.Many...
Why you need to upgrade skills regularly for greater job security
Studies show that more than 50% of older workers experienced at least one involuntary job loss after age 50 (CNBC). Although ageism is often cited as the reason for older employees losing jobs, it often has to do with skills and not merely age.A lot of people stick to the...
How to use revolving credit to grow your business
Revolving credit can be a blessing or a curse and different business owners and financial experts have differing opinions about the beneficialness of a revolving credit. Radeya Global Blog spoke to several experts about what they thought of revolving credit and their advice on using revolving credit wisely. Small businesses...
Are you a retiree being pulled back into the workforce?
Many workers above age 55 were pushed into early retirement during the pandemic, even to their dismay at the time. Then during the great resignation, something unexpected happened. People started resigning and leaving the workforce in great numbers. This created a gap in the labor supply as employers found it...
Simple Ways to Keep Cash Flowing into Your Business
One of the biggest mistakes you can make as a small business owner is to neglect your cash flow. Although many other elements of your business will demand your daily attention, nothing is more important than the amount of money flowing into and out of your business. Without steady, consistent...
How to plan a successful retirement
How to plan your retirement so you don’t have to depend on anyone else when you are out of work. Some companies, especially governmental or public companies, provide formal retirement pension to workers who completed a certain number of years with them. Other companies give workers an end of service...
why you need a financial plan
Here is why you should have a financial plan: What the coronavirus pandemic showed us is that if you don’t have at least a year’s expenses saved up, you expose yourself to risk of insecurity. Millions of people lost their jobs in a matter of days, without advance warning. Countless...
Budgets – why you need them and different types of budgets
Most people run a business like someone moving around in the dark. They neither look at and analyze past business records, nor plan for the future. The result is an inefficient business that rarely progresses into anything meaningful. So what can you do? Using a budget makes a big difference...
