Rizwan Ahmed CPA

    It’s safe to say that finances are the most crucial yet challenging aspect of owning a business. It is an aspect that can either make or break your brand. Managing and planning finances effectively are vital for the long-term survival of any business. Rizwan Ahmed CPA emphasizes that a lack of financial planning can lead to cash flow issues and eventually force businesses to shut down. Staying on top of your finances is the only way to ensure your business runs smoothly. 9 Tips by   Rizwan Ahmed CPA   to Better Manage Your Business Finances Keep track of your income and expenses While it may seem obvious, keeping a thorough track of your income and expenses is essential as it will help you understand where your money is going and where you can cut costs. There are many ways to do this, such as using accounting software or setting up a spreadsheet. Create a budget Once you have an understanding of your income and expenses, you can create a budget.   Rizwan A...

    Whether you have only just started off with social media marketing for your business, or have been using it for quite a while, there is always some room for improvement. In this blog, we will discuss the most essential social media marketing tips by Rizwan Ahmed CPA that will help you make the most of this powerful marketing tool. Social Media Marketing Tips for Small Businesses: Tip 1 – Pick the Right Platforms: Just like every business has a unique target audience, every social media platform has a different personality – and Rizwan Ahmed CPA advises small business owners to pick the platform that best matches and aligns with their brand and the demographics of their target market. You might think that optimizing your social media marketing involves being present on every platform, that is not quite true. In fact, showing up everywhere can stretch a brand too much. If you want to reach out to younger people, TikTok is where you should dedicate most of your focus. Inst...

    If you have only observed the investment world from its peripherals, you may well believe that it is a world in which only City Slickers, having money to burn, can afford to live. However, once you learn more about investment, you will realize that it has become more accessible than ever before and that you do not need to be a billionaire to be able to invest. In this blog, we will list down the most common investing myths as per Rizwan Ahmed CPA . Myths about Investing: Myth 1 – Only the Extremely Rich Can Invest: While this may have been a fact in the past, the truth is that investing has become tremendously more democratic in recent times. Online advice services and investing platforms have introduced investing to the general public, and it is now possible to get started with quite little. The magic of compounding interest means that you have a shot at getting rich even if you do not have much to invest. To drive the point home – if you had bought Starbucks shares wort...

    There is no denying the fact that everyone needs some form of an insurance plan. Whether they decide they need health insurance or life insurance, they make sure to make their investment as early as possible to allow their cash time to grow. According to Rizwan Ahmed CPA , this practice is especially common in the United States of America, where the costs of living and housing are significantly higher than in most other countries of the world. Hence, American citizens usually cannot afford the high expenses if they do not invest in different insurance plans. Continue reading to learn about the three different types of insurance everybody living in the USA needs. What Are the Three Different Types of Insurances Everybody Needs. In a country like the USA, where the average costs of living are higher than in most places, people depend on different types of insurance to cater to their everyday expenses. According to Rizwan Ahmed CPA , the three different types of insurance tha...

    There are business owners who manage to adeptly see off the treacherous initial period of their venture. These entrepreneurs manage to attain a decent degree of growth before running bang into a glass ceiling that they cannot seem to shatter. Other than that, sometimes, business people lack the knowledge required to scale up or are even scared about the idea of taking their business up a level or two. If you are a business owner wondering how to effectively and safely   scale your company, the below tips by Rizwan Ahmed CPA might help:  Tips for Scaling Your Business: Tip 1 – Focus Less on Where You Are, and More on Where You Want to Be: The very first scaling tip by Rizwan Ahmed CPA encourages businesspeople to make decisions according to their future objectives and not their current positions. You want to have clear, definable objectives – for instance, if your company is currently worth $200,000, your target should be to aim for a $500,000, $1million, or $2...