Bunny Majaja from HOT 91.9 FM, an NSBC Media Partner, interviews Deenash Pillay – Head of Small Enterprise, Standard Bank, South Africa – about the importance of cash flow management for small businesses.
Cash is the life blood of any business. This makes the management of it critical. In this interview, Bunny asks Deenash Pillay what cash flow management is and how you can go about looking after it. They discuss the importance of keeping your business and personal funds separate so you have a clear understanding about what your business cash flow situation is. They also discuss the importance of creating a credit record for your business.
Another focus point of the discussion is the various options available to manage revenue and payment. They also discuss the Standard Bank website which is available for small enterprises.
This interview is for the entrepreneur who would like to get a broad overview of what cash flow management is and why it is so important.
Listen to the full interview here:
Tune into Business with Bunny on HOT 91.9 FM every Tuesday at 15:10.