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February 19, 2018

Separating business and personal expenses (part 1):
Why is it necessary?

Owners of part-time and small businesses e.g. multi-level marketers, estate agents, consultants and self-employed sole proprietors, often use one bank account for personal and business purposes, resulting in business and […]
July 26, 2017

The Concept of Scalability

What is scalability? Scalability describes how easy it is to expand a business model and grow its revenue significantly, without equally increasing its cost base. Relative to its fixed cost […]
June 29, 2016

Succession planning

Owning a business requires careful succession planning and is part of your estate planning as you have to determine who will succeed you, or who will purchase your shares, or […]
August 12, 2015

Cost management: 7 tips for cutting business expenses

It is important for every business owner to make a maximum profit, both through sales and by maintaining strict financial discipline within the company. Implement sound practices from the start, […]
July 22, 2015

What’s the buzz about business rescue?

If a company/close corporation is in financial trouble and all possible avenues to save the business have been exhausted, there is one last option available to save the business: it […]