Why Automated Financial Reporting is Key to Modern Business
At first glance, regular automated financial reporting might seem like an unnecessary effort. However, as the saying goes, “If you can’t see the forest for the trees, you often lose your way.” This proverb holds true in business, where regularity and accuracy play crucial roles. Accuracy as the Foundation of Success One of the most […]
Guide to Car Financing in Slovakia: Everything You Need to Know
Buying a car is a significant decision for many individuals and companies, requiring careful consideration of all financing options. In this article, we will look at various ways of financing a car in Slovakia and analyze their advantages and disadvantages from legal, tax-accounting, and economic perspectives. Direct Cash Purchase Direct cash purchase of a car […]
The Future of Accounting: Embracing Technology for Growth and Efficiency
In today’s rapidly evolving business landscape, staying ahead means embracing change — especially when it comes to accounting. As we look towards the future, emerging technologies promise not just to streamline operations but also to revolutionize how businesses manage their finances. This article explores how SMEs in Slovakia can prepare for the future of accounting, […]
How to Effectively Manage the General Meeting and Ensure Proper Approval of the Financial Statements
The General Meeting is an integral part of every company’s management and plays a crucial role in its financial health and transparency. Whether it’s approving financial statements, deciding on profit distribution, or selecting an auditor, each step requires thorough preparation and clear communication. This article provides a detailed overview of organizing a general meeting and […]
7 Signs That Your Company Needs an Investor
Navigating through a financial rough patch can feel like steering a ship through stormy seas—especially for SME entrepreneurs. Recognizing when to seek external investment is crucial, not just for survival but for thriving in competitive markets. This article breaks down the seven unmistakable signs that your company might be ready for an investor. From cash […]
The Pitfalls of Financing Companies Through Convertible Loans
In recent years, investments into companies through convertible loans have become more widespread in Slovakia. Convertible loans offer many advantages to the involved parties, but they also have disadvantages. In this article, we at Capila Advisory have decided to take a closer look at some of the lesser-discussed negatives associated with convertible loans. Advantages […]
How to Stay Sane with Your Tax Returns
In today’s business landscape, entrepreneurs often face challenges primarily related to finances. Capila Advisory offers a solution: efficient digitalization and automation of accounting processes. This approach isn’t exclusive to large corporations; small and medium-sized enterprises can also reap its benefits, simplifying their workload and enhancing their competitiveness. Here are practical tips on how to achieve […]
Lost Receipts: Technologies Assist, but Won’t Solve Everything
Bratislava, February 20, 2024 – Missing cash register receipts or invoices pose a regular year-end nuisance for many Slovak companies. Discrepancies between actual payments for goods and services and accounting records can lead to unpleasant consequences on multiple levels. Capila highlights a digital solution along with a set of practical measures to help prevent such […]
8 Proven Ways to Manage Your
Company Finances
When it comes to managing company finances, a lot of business owners struggle. But managing finances doesn’t have to be a major source of stress or frustration. With the right approach, you can easily stay on top of your company’s financial situation. So why wait? Let’s dive in! What is The Importance of Managing Business […]
5 most common mistakes by
early stage companies
Early stage companies often commit these 5 mistakes. How can you avoid them? In the past years the world economy has been experiencing one of the longest periods of flourishing in the 20th and 21st century. However, it seems that this year we have come to a turn, and therefore we must keep even a […]
