All Posts in "Harvey Olsen"

Budgeting For Your Small Business

Budgeting isn’t just something that big companies do. It’s important to budget for your small business, too. This can help you make sure you have enough money to cover expenses and stay on track with what’s coming in and going out of the company. When used correctly, a budget can help ensure that your small business remains financially stable despite fluctuations in sales or unexpected expenses.

Set a budget.

  • Set a budget.
  • What is a budget? A budget is an estimate of how much money you will earn and spend during a specific period of time, such as one month or one year. It helps you plan for future expenses, so that when they arise, you are prepared to pay them with cash on hand instead of using credit cards or loans from banks.
  • Why is it important to set a budget? Setting aside money for fixed expenses such as
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Harvey Olsen by — April 12, 2023 in Company Business
Budgeting For Small Business Owners

The best small business owners know that it’s important to create a budget. A budget is a plan of action that helps you manage your business, track your expenses and profits, and stay on track with your goals. For many small businesses, creating a budget can be overwhelming. However, with the right tools and resources at hand, you can easily develop your own small business budget in just a few hours per month—while still maintaining control over your finances!

What is a budget?

A budget is a plan for your business that helps you to set goals and make decisions. It can be used to see how well you are doing, manage your business finances, and plan for the future.

A budget helps small businesses owners by:

  • Giving them an idea of how much they need to spend on running their company each month/year so they don’t go over their
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Harvey Olsen by — April 5, 2023 in Company Business
Risk Management with Listed Options: Strategies for Novice Traders

With the modern world of trading, listed options are becoming more popular for many novice traders in the UK. These contracts give buyers and sellers the authority to buy or sell an asset at a specific price on or before a certain date. While these options can provide significant rewards for those who invest wisely, they also come with associated risks. This article will discuss strategies for managing risk when trading in listed options so that novice traders can maximise their returns while minimising their exposure to potential losses.

Understand your risk profile

Understanding your risk profile is the first step in any risk management strategy. It includes considering the risk level you are willing to take and what kind of return on your investment you want to achieve. Understanding your individual goals will help you make informed decisions regarding which strategies to pursue. It’s essential to take a realistic … More >>>

Harvey Olsen by — April 4, 2023 in Trading
How To Manage Expenses And Save Money As A Freelancer

As a freelancer, you have the freedom to set your own schedule and work from anywhere. But with that comes the responsibility of managing expenses and saving money as a freelancer. Luckily, there are some simple steps you can take to ensure that your business doesn’t break the bank each month.

Keep track of everything

The best way to keep track of your expenses is to use a spreadsheet. A cloud-based app is also an option, but it’s important that you choose the right one for your needs. If you prefer old-school methods and want a more tactile experience, there are plenty of great notebooks out there that can help you stay organized–just make sure they have plenty of pages!

Whatever method works best for you, it’s important not only that you have some kind of system in place but also that it works well with how often and how … More >>>

Harvey Olsen by — March 26, 2023 in Company Business
Watch Out For These Expenses

These days, businesses face a number of expenses that they might not have expected to pay. From accounting support to travel and entertainment costs, these extra expenses can sometimes sneak up on you. Here’s how to make sure that your business isn’t caught off guard when it comes time for your taxes:

Tax prep fees

Tax prep fees are a business expense and can be deducted from your business income. You may even be able to get a tax refund, which you can use to pay off debt or invest in your business.

If you need help figuring out how much money you should be paying in taxes each year, consider hiring an accountant or financial planner who specializes in taxes. These professionals can help ensure that you’re getting all of the deductions and credits available for small businesses like yours so that when tax season rolls around next year–and … More >>>

Harvey Olsen by — March 19, 2023 in Company Business