FaceBook Master Class

So you use FaceBook, but how well do you know what it can do for your business?

In this week’s episode of Social Media for Entrepreneurs and following on from last week’s Blogging, we unpack some of the useful elements of FaceBook.

The use of Pages, Events, Adverts and the Insights all add to making FaceBook a very useful tool to develop an active online digital footprint for your brand. It is also a great platform to chat to and engage with current and future clients.

Watch the video below (42 minutes) to get all the details.

By |2017-09-21T14:00:03+02:00September 21st, 2017|FaceBook|0 Comments

Fun and Facts for FaceBook

In our series on Social Media for Entrepreneurs, we have already covered LinkedIn and Blogging and now we focus our attention on FaceBook.

For many, over a billion, FaceBook is a useful tool to keep the FOMO at bay and stay in touch with friends, family and foes. FaceBook is a useful tool to communicate with others without having to actually speak to them in person. One can merely change your relationship status or add a life event to your wall to inform others and of any changes and then post cool pics of your breakfast on a wine farm or the view of your office as you sit on a mountain top of a beach and then monitor the amount of clicks, likes, emogies and comments you get.

Many people use FaceBook to great effect, others base their self-worth on the amount of friend engagement and may suffer from ‘Post-traumatic stress disorder’ if their posts are not recognised by enough people as desired. This type of superficial lifestyle has become all too common amongst people who value their own status in life based on what they think others may think of them.

All very well for people BUT how does this relate to businesses and the use of FaceBook for use as a business tool to engage current and future clients? That is what this week is all about.

We will be chatting all things FaceBook on Wednesday at 12:00 CAT Book HERE for the webinar. We will also repost the video here on Thursday if you missed it and chat further about any issues online on FaceBook or via email.

Please engage, book the webinar and interact with this very topical platform as we peel back some of the layers to reveal what I think is one of the most productive tools any small business can manage to leverage an online presence.

By |2017-09-18T12:58:20+02:00September 18th, 2017|FaceBook|0 Comments

Financial Statements – Statement of Financial Position

Financial statements reflect the health of a business as the life of every business is reflected in its books. It is very important that business owners familiarize themselves with the financial statements and not only leave it to the accounting team. The more you know about your financial statements the better, this enables you to be in a better position to make sound judgement in regards to the decisions you make when you know how your business is doing financially. It is very important that you do not exclude yourself as a business owner but familiarize yourself enough to at least have an idea of what is happening in your financial statements.

The statement of financial position also known as the balance sheet will reflect the business’s financial position or value at a specific point in time. It reflects the business’s assets, liabilities and equity.

Assets

What you Own

Provides value for future

Funds currently in use

Generate income

Liabilities

Owed obligations to outsiders

Equity

The owner’s share contributed/earned

The benefits of knowing what is happening in your statement of financial position includes:

It will assist you to review your business performance.
You will need to produce it when looking for  investors for your business.
It is it vital for your business plan.
Required for Annual Financial Statement.

By |2017-02-08T15:21:16+02:00February 8th, 2017|FaceBook, Financial Management, Uncategorized|0 Comments
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