Article by Alex Merashi Importance of finance in business organizations Finance is one of the very subtle sectors of a business that can make or break entrepreneurs. Ideally, all companies need finances for daily operations, and this is what makes the concept of finance very important as an area for all organizations to cover. In […]
Are you starting a small business? Do you need funds? How are three steps to do to apply for funding.
Having cash to burn is every entrepreneur’s dream. But what is your current cash burn rate and how does it affect the sustainability of your business? If you have a negative cash flow for too long your business can be in jeopardy and you may risk having to file for bankruptcy. How can you manage […]
Article provided by Accountability With the Rand weakening to the Dollar, another fuel increase on the horizon and the country once again engulfed in darkness, economist are predicting that South Africa will run out of money by 2042. Corruption seems to be the term on everyone’s lips and the core of our country’s pending economic disaster. […]
Whether you are starting out as an entrepreneur or a seasoned CEO, there are certain financial terms which are essential for you to know. They will not only help you in discussions with your financial advisor but they can benefit you when you speak to your colleagues, an investor or a potential client. Here are […]
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 provided by Santam When starting your own business, you don’t need millions to make millions. The Big Blue retail chain started as a flea market stall, while billion-rand sport supplement business USN was launched from a kitchen. What you do need is a clear picture of the costs of doing business so you don’t […]
