Funding has become a major problem for most firms in terms of funding their day-to-day activities and operation. Various costs need to be covered, such as equipment, stock and paying bills. In view of this, corporations often need to raise funds, or capital, to expand their businesses. However, companies...
Preamble: When it comes to wealth creation, you need to start with a solid plan. A plan that is personalized to your situation, and one that is appropriate to meet your financial goals and objectives. This is because everyone is different, so every plan should be unique. Building a...
In the first part of this series, I started by reiterating the fact that there is strength in unity: the primary reason for which a solitary tree can be broken by the wind. A forest, however, is able to withstand strong winds by sharing the load of the wind...
Ghana’s budget process has always followed the related cycle without any major hitches quite apart from preparing the budget and economic policy statement within stringent timelines to meet the Constitutional requirement. 2021 has been an interesting year since for the second time in many years, the budget was rejected...
“Man cannot discover new oceans unless he has the courage to lose sight of the shore.” ― Andre Gide There comes a time in our lives that we must step out of our comfort zones and prisons and get into new territories. We all have some areas that we need to...
In 1991, Ghanaians voted in a referendum to approve the 1992 Constitution and return the country to civilian and democratic rule after ten years of military dictatorship. Military interventions of 1966, 1972 and 1981 have been documented as rebellions that disrupted the legitimate constitutional order and reversed both the...
“Self-reflection is the school of wisdom” - Baltasar Gracian “Ambitious New Year’s resolutions often end in disappointment. So instead of setting unrealistic goals in 2022, business leaders should consider making smaller, simpler changes—and they just might see better results”, says Harvard Business School Professor Hirotaka Takeuchi. Even before changes...
A year ago, we welcomed 2021 with a sense of cautious optimism when the newly developed vaccines promised a shift in the fight against the COVID-19 pandemic. The focus turned towards building back better and doing things differently as many countries started to rethink and rebuild their shattered economies. For...
“It is our collective and individual responsibility, to preserve and tend to the world in which we all live” - Dalai Lama Introduction It may be tough to fathom, but we humans are directly and indirectly responsible for the devastating COVID-19 pandemic. Yes, we’re at fault for this chaos....
As the year 2022 begins, I share some basic accounting and tax issues as a reminder to management of companies, Finance Managers, business owners etc. in order to avoid tax penalties, interests, loses and ensure the smooth running of businesses devoid of statutory burdens. This is necessitated by the...