Micro, small and medium-sized enterprises (MSMEs) make up over 90% of all firms and, on average, account for 70% of total employment and 50% of GDP worldwide. But MSMES are finding it increasingly difficult to access funding. According to recent figures from the International Finance Corporation, (part of World Bank Group) the MSME finance gap […]
10
Mar
Mar
In a business environment that’s currently highly volatile and changeable, it pays to scenario-plan for different eventualities. What is scenario planning? Scenario planning is the process of using your existing business data to project and forecast the future path of your finances, sales and growth as a small business. By running various scenarios, you get […]
29
Jan
Jan
Have you ever wondered about the best ways to protect you and your business? In this article, we’ll look at how you can use a trust to shelter your assets. What is a trust? Before we go any further, let’s explain exactly what a trust is and how they can be used. A trust is […]
22
Jan
Jan
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to […]
15
Jan
Jan
There are certain items of equipment, machinery and hardware that are essential to the operation of your business – whether it’s the delivery van you use to run your home-delivery food service, or the high-end digital printer to run your print business. But when a critical business asset is required, should you buy this item […]
11
Dec
Dec
Leading up to the holiday period, is your business cash flow in good health to carry you through? This time of year can be hard on small business. Make a plan early to ensure healthy cashflow over the holidays.
04
Dec
Dec
What activities fill your ‘well of happiness’? Set aside time regularly to do those things that help you reduce stress, improve resilience, and restore energy. Happiness is essential to your success! #BetterBusiness
27
Nov
Nov
You monitor your car’s dashboard to avoid running out of gas or blowing up your engine… but do you monitor your business’s dashboard? We can help you set up a dashboard to monitor the key things in your business #BetterBusiness #10Steps #KPIs
20
Nov
Nov
Referrals are one of the easiest and most cost-effective ways to win new business. Strong networks create steady opportunities, and the return on investment can be enormous. The key is to be intentional and consistent about building and nurturing those networks. Five ways to maximise referrals from your networks: 1. Know the lifetime value of […]
31
Oct
Oct
Strong leadership and culture are critical to building a better business. With over 40,000 hours of our lives spent working, the workplace should be a place where people feel valued and motivated, not drained or frustrated. So how do you know if your culture needs attention? Warning signs of a toxic workplace include: Lack of […]