Capital, businesses most critical resource

You need capital to start most businesses.

Capitalise your business properly or suffer the consequences  Positive working capital is required to ensure a business is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and impending operational expenses. The management of working capital involves managing inventories, accounts receivable, accounts payable and any cash. Disposal…

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Working capital requires understanding

Enough working capital relieves stress.

Fail to understand working capital at your peril Operational efficiencies and better working capital management will drive profitability, facilitate growth, reduce risk while improving sustainability. Improvements provide a genuine way to overcome your cash flow strain and sleepless nights. A business without working capital is like a car without petrol. It doesn’t matter how good…

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Crowdfunding boosts small enterprises

Crowdfunding for small medium enterprises.

Crowdfunding Defined Capital doesn’t come easily to small enterprises these days. Without a doubt, the current business-funding environment is in need of revision. One such revision is the growing industry of crowdfunding. This involves a platform, an individual or entity in need of funding, And of course a community of people willing to collectively contribute the required funds in exchange for…

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Commercialisation enhances profitability

Commercialisation leads to increased profits

Understanding commercialisation Commercialization is the process by which a new product or service is developed and introduced into the market. Commercialisation is broken into stages, from the conception of the product through its production and adoption and support of end users. It takes into account the production, financing, distribution, marketing and customer support required to achieve…

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Future activities underpinning change

Understanding your future is a good first step If there were only one thing that I could communicate to you about your future activities, it would be this: “The results that you achieve in business and in your life, are simply a by-product of your thinking.  Include the thinking of the people around you, along with…

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Small business particular frustrations

Small business have to deal with many problems.

Small business and the pioneering spirit built nations Today small business is commonly called Small Medium Enterprises (SMEs), or not-for-profits (non-profits in some countries) (NFPs). They face a wide range of issues on a daily basis, both from and internal and external perspective. If the owner/manager of the business stops, their business often stops. Only the best will survive and…

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Startups must heed many warning signs

Startups can face big risks.

Startups fail all too often and the failure rate is far too high Many people in startups are drowning in self-pity and buckling under the strain of debt. This is usually because their business idea, in reality, was built on exaggeration, or inflated expectations and nil profit. Be sure you’re not overlooking the fundamentals before investing…

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Passion guides profitable sustainability

Your passion can drive you to new heights.

A lack of passion can be devastating Without passion, you are like an old engine that sputters but no longer fires up, with any appreciable power. Finding your passion is like finding the fruit you like because, without it, it is hard to be enthusiastic about anything. Several years ago I returned from a very exhausting…

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Lifestyle challenges beat just surviving

A good lifestyle doesn't happen by accident.

Lifestyle changes can improve your life What is your recipe for building a lifestyle and a business that works? It’s easy to see the people who understand how things work and  have strategies to create the results they want. You will end up a loser if you keep stumbling along wishing, hoping and constantly complaining that…

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Cash flow problems mainly symptoms

Cash flow problems should not surprise you

Is what you perceive as a cash flow problem just a symptom? Most people have cash flow problems at one time or another. When this occurs look for the symptoms. They show up long before your cash flow becomes a problem. The most common symptom is a drop off in sales, a string of slow paying…

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