May 5, 2024 | Budgeting, Business planning, Business survival, Expenses
Running a business requires a good grasp of where your money is going. It’s important to know the difference between capital and revenue expenses because it affects how you manage your budget and the financial health of your business. Understanding these will...
Apr 28, 2024 | Budgeting, Business performance, Business Success, Business survival
What exactly is cash flow management for small businesses, and why is it so important for businesses to understand this financial aspect? Cash flow management is the strategic administration of a company’s cash inflows and outflows, making sure that there is...
Jan 14, 2024 | Business performance, Business survival, Money
There comes a time in business when things don’t go according to plan and you end up in debt. A pretty uncomfortable place to be in – I know. No matter how angry or sorry we feel for ourselves, it’s important to know how to overcome any financial disaster that...
Dec 17, 2023 | Business performance, Business survival
Recognising the signs your business is failing or may be heading that way is crucial for every savvy business owner. In the vast sea of entrepreneurship, understanding the subtle hints of business troubles is the key to steering clear of potential failure. Why...
Dec 10, 2023 | Business survival, Mindset, Well being and mental health
Starting a business is thrilling – filled with hope and excitement. At the initial stages, it’s all about positive feelings, fueled by the passion for one’s vision. However, as many entrepreneurs know, it isn’t always a smooth ride. And a business may end...
Oct 29, 2023 | Budgeting, Business planning, Business Start Up Growth, Business Success, Business survival
One of the problems, if not the biggest, that most business owners have when it comes to planning their future, getting more customers, figuring out the costs and making money is not taking into account all the important bits and pieces. That’s where a Business Model...