Cash flow. It may be a term that invokes headaches for many entrepreneurs, but at the end of the day, few things will be more important to the long-term health of your business.
No business will be able to outwork or outrun the impacts of COVID-19. So what should an entrepreneur do next? Take the time to GASP, an acronym for the terms: Ground, Assess, Stabilize and Plan. This approach worked well for businesses that survived and thrived during the Great Recession of 2007/8 and other major market challenges.
In the world of business, cash flow is the one thing that can make or break a business.
According to our research, 82% of small businesses fail because of poor cash management skills or a lack of understanding of cash flow. This is the number one reason small businesses fail, sitting well above fraud, market changes or […]
One of our clients has robustly embraced the challenge of change.
They aligned their business around the undeniable fact that the next generation will not be doing things as they have been done before. While this company is in the telephone call centre industry, it realized that “demography was their destiny.” […]
Microsoft is opening cloud data centres in South Africa, and for small businesses, there has never been a better time to take the plunge and take their business into the cloud. Not only will it dramatically impact their IT costs, but securing their critical data will become significantly easier. […]