Cashflow is the lifeblood of any business or individual’s financial well-being. It refers to the movement of money in and out of your accounts, indicating how much cash you have on hand at any given time. Understanding your cash flow is crucial for making informed financial decisions and ensuring long-term stability. One effective tool for gaining insight into your financial future is a cashflow forecast. While some may consider outsourcing this task to an accounting service, creating a cashflow forecast yourself offers numerous benefits. In-depth insights – A cashflow forecast provides a com ..read more

Finding the right employees is increasingly challenging for SMEs. As the backbone of all economies, SMEs drive innovation and employment opportunities, but they face hurdles in recruiting and retaining skilled talent. This guide offers practical and proven strategies to help SMEs overcome recruitment challenges and find employees effectively in the modern job market. Embrace a strong employer brand – Showcase your SME’s unique culture, values, and employee benefits through social media, your website, and career fairs. Highlight growth opportunities and work-life balance to stand out as an att ..read more

I am often asked what the difference between an entrepreneur and a business person is. Whilst the answer is not as straightforward as one might think, entrepreneurs have different priorities to business persons. One such priority is that an entrepreneur seeks to create an innovative and sustainable business. This priority supersedes the more commonly known priority of turning a profit. You too should focus on building a sustainable business. Accomplishing this will result in a stronger company brand and a better relationship with your customers and community. Apart from this, when your bu ..read more

The need for business innovation is certainly not a new concept. However, successive global and local crises have caused many entrepreneurs to appreciate the importance of being able to respond and change to an evolving situation. The way employees connect to how customers receive their products needs to adapt to this new reality. This is not necessarily a negative situation for business and can be an opportunity to improve your solution or business model. Change is difficult, especially if you’ve done things a certain way for an extended period of time. Some concepts of change are easy enough ..read more

threMany Malta is a tiny nation in the Mediterranean Sea, strategically positioned between Europe and Africa. It is home to around 500,000 inhabitants, including a certain Fun Entrepreneur, and has over 5,000 years of history and culture at its roots. Malta is also a good place for business, offering year-round great weather, short commutes, and a skilled and flexible workforce. Whilst the local population does not offer huge market opportunities, it is a great testing ground. Existing logistical connections to mainland Europe and North Africa mean that companies wishing to expand beyond Malta ..read more

Starting a small business, whether on the side or as a full-time engagement can give you better control of your income. If the last couple of years have taught us anything, it’s that job security is, in many cases, just an illusion. In any case, as an employee, you are already selling your time and expertise to a single client – your employer. Why not expand your reach, diversify your clients base and reduce the risk of redundancy by starting a small business? If you’ve never launched a business before, taking the leap will almost certainly be a daunting thought. However, you can reduce the ri ..read more

Over the past few years, Malta has ramped up its strategies for developing a healthy digital ecosystem and creating a culture of innovation. Today, it has successfully positioned itself as the Tech Hub of the Mediterranean. This has made it more attractive for innovators, start-ups, and investors alike. It has also created an increase in the demand for specialized skills, drawing in more IT freelancers into the country. But aside from the vast opportunities for career growth, there are more reasons why freelancers are moving to Malta.   1. General lifestyle Life in Malta is pretty laid ba ..read more

Having multiple loans or debts is not a problem until you start missing your payments. This would affect your credibility and make it difficult for you to get other loans. However, challenges in paying off the debt aren’t the only reasons you may consider debt consolidation. Debt consolidation can potentially help you in many other ways. First of all, it can help you maintain regular payments for your loans and debts. It also lets you reduce the interest that you pay for your existing loans. Thus, reducing the overall payments that you make.   How does debt consolidation work? In simple w ..read more

Backing up data on other devices always gives you peace of mind. Whether you are using an iPad or iPhone, be sure to have a good backup plan for data security and storage. Apple introduced various backup solutions such as Mac internal storage, inbuilt Time Machine, iCloud and iTunes, etc. You can use any or all of these backup plans to get the most beneficial data security. Read out the full to know how to save your iPhone and iPad data.   1. How to use iCloud for data backup? Data backup and storage with iCloud is a perfect way to access your data from anywhere in the world. You simply n ..read more

A common misconception is that entrepreneurs are born, not made. Many believe that the courage to set off on your own venture and having the resilience and perseverance needed to carry on even in challenging times is something found within an individual and cannot be created or learnt. As all sensible entrepreneurs will attest, this thought process is wrong. Running a business is a process which anyone can learn, just like learning to treat illnesses, learning to raise children, or yes, even learning to fly.   Master the basics An individual wishing to take to the skies must first learn t ..read more