Managing a business’s finances is a juggling act and one of the key parts is dealing with bad debt. Knowing how to calculate bad debt correctly can make a big difference to your financials and overall business health. The Problem: Bad Debts Every business extends credit to its customers and hopes payments will come in…
Cash flow is king when it comes to business. One metric that gets overlooked but has huge power in determining your cash flow is the accounts receivable turnover ratio. This isn’t just for accountants; it’s for business owners, managers and investors who want to understand the financial efficiency of a company. Cash Flow Stagnation You…
Introduction In the fast pace of fintech, Flutterwave shone bright and promising especially in the African market. But its rise to the top was marred by a scandal that shook the confidence of stakeholders, investors and users. This post will break down the Flutterwave scandal, what happened, how it affected the company and its stakeholders…