Business Management

Expenses and revenue, inventory, reports, branches and multiple companies: running your company by the numbers.

  • Business Management

    How to manage inventory in accounting

    Inventory is the asset a trader buys in order to sell, and at the same time the item that distorts profit most when handled badly. This article explains how inventory appears in the accounts, how cost of goods sold is computed, and what a stock count does.

    3 min read

  • Business Management

    Why financial reports matter for companies

    Many owners know the bank balance but not whether the company is profitable. The difference between the two is what financial reports reveal. This article explains why you need them, which reports deserve your time each month, and how to read them in minutes.

    2 min read

  • Business Management

    Managing expenses and revenue

    Profit is what remains of revenue after expenses, but that simple sentence hides daily management work: correct classification, a document for every riyal, and VAT computed on both sides. This article is a practical guide for owners of small and medium companies.

    3 min read

  • Business Management

    Managing branches and multiple companies in accounting

    As a business grows, two questions appear: do I open a branch or set up a new company? And how do I know the profit of each without drowning in consolidation spreadsheets? This article answers both from the accounting and tax angle.

    3 min read

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