Article provided by Santam Steps to follow to manage work-life balance There are lots of positives when starting your own business. Being an entrepreneur affords an opportunity to see your ideas become reality and grow more than you thought possible. One of the biggest challenges on this journey, are the personal sacrifices you have to […]
With more than 60% of business people in South Africa choosing to work remotely most of the week, the need to manage a virtual team has become more critical. People are also more concerned about work/life balance and are choosing to work remotely. The other advantage of having a virtual team is that you can […]
Article provided by MiWay It sounds counter-intuitive, but it takes hard work to keep a team motivated enough to … work hard. While everybody is still busy setting up their strategies for the year, why not include “team motivation” in your plan? Here are four ideas to get you started on the road to making […]
Are you starting a new business? Are you struggling to make a profit? Then it might be time to look into a creating an operating budget. An operating budget is important as it helps to road map how your business is doing. Some important aspects it helps with are: reviewing your business’ performance objectively, highlighting […]
Article by Kaizen Institute South Africa While continuous improvement methods are world-renowned for turning around large-scale multinational businesses such as Toyota, Bosch and Shell, less well known is the fact that small and medium enterprises (SMEs) can derive similar benefits by applying the principles to their organisations.
Article provided by Absa South Africans are known for our entrepreneurial nature. From the undiscovered fashion guru selling vintage clothing and accessories through her boutique online store, to the high-flying tax attorney peddling artisanal jams at the farmer’s market on a Saturday morning, we are a nation of opportunists and weekend entrepreneurs. However, Trying to […]
Article by Ryan Roux and Ivy Gura (BDO Audit Seniors) Succession planning is not always top of mind for small businesses and family-owned operations caught up in day-to-day operational issues and chasing new business. A large percentage of businesses do not survive the move from founder to next generation because topics such as old age, […]
