Finding Your Costa Rica : 5 Powerful Steps to Personal, Professional and Financial Success

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Meet tax deadlines Failing to meet deadlines for filing tax returns and payments can incur fines and interest. These are unnecessary costs that can be avoided with some forward-planning.


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Become more efficient and control overheads Is your business operating at its most efficient? Saving energy and therefore money can happen by implementing changes in behaviour and using existing equipment more efficiently.

Ten top tips to improve your financial management

Areas to look at in an average office include heating, lighting, office equipment and air conditioning - see save money by using energy more efficiently. Control stock Efficient stock control ensures you have the right amount of stock available at the right time so that your capital is not tied up unnecessarily.


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  • You should put systems in place to keep track of stock levels — taking control of this will allow you to free up cash, while also having the right amount of stock available - see common business mistakes: poor stock control. Get the right funding It is essential that you choose the right type of finance for your business — each type of finance is designed to meet different needs.

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    Smaller businesses usually rely more on business overdrafts and personal funding but this might not be the best kind of funding for your company - read business financing options - an overview. Tackle problems when they arise It is always very stressful facing financial problems as a business, but there is help and advice available to help you tackle them before it gets too much to handle so seek professional advice as soon as possible.

    There are also some initial steps you can take to minimise the impact such as tackling priority debts first and assessing how you can improve your cashflow management - see business debt: help and advice. You can opt-out from receiving our newsletter at any time by selecting the unsubscribe link that is in every email we send.

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