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Tuesday, August 16, 2011

2 solid reasons why you should outsource your financial accounting

Reason #1: Quality - Leave bean counting to bean counters!
Apparently not even the bean counters themselves enjoy number crunching, but since it is what they do for a living they tend to be better at it than most of us. Outsourcing your financial accounting and other finance related functions to a specialized company improves the quality of the financial records that your business keeps which in turn enhances your ability to monitor performance, make better decisions and assist you to access financing.

Reason #2: Cost
The early phases of any business are often characterized by massive internal competition for scarce resources. Ironically the phase that needs prudent financial management the most is the one that can hardly afford it. So unless one of the founders is an accountant you will find it makes more financial sense for a small business to outsource their accounting function than it would to hire a full time accountant.

Contact Alpha Advisors to find out more about outsourced financial services

Monday, August 1, 2011

Why appropriate land use is the answer ….

In an earlier post I asked you to consider for a moment if we thought that converting prime agricultural land into housing was a wise thing to do. Now I would like you to ask yourself the same question, but before you answer let your mind reflect on the plight of 1,000’s of East Africans who are at this very moment fighting to survive the famine. Still nothing? Don’t worry, you are not alone, ditto the guys who own Tatu City & Migaa. Now, would we be up in arms lobbying government to stop the developers from happily replacing rich red soil with concrete mix if the Tatu land was under maize & wheat instead of coffee? Maybe not, but we should be! Some time ago I read an article that gave a number of reasons why Kenyan farmers should uproot their coffee bushes. The main difference I have with the writer of that article is that I am convinced that the uprooted coffee should be replaced with food crops like maize and beans, not housing. This is because a coffee plantation was already an inappropriate use for the land.

An exercise in futility