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Articles

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  • Creating a financial buffer

    Creating a financial buffer for your business (and your life) Donna McCullum, who runs the successful Money Magic online programme, says that saving is the ultimate commitment – to yourself, your...

  • Efficiency & Productivity

    There are really only two ways to improve your profit margin, either you must increase your price or reduce your costs. The former is always subject to the customer’s willingness to pay, especia...

  • SA property scene for business rentals

    According to research released by Rode and Associates in March 2012, actual office vacancy rates for the major metropolis in South Africa (Johannesburg, Pretoria, Cape Town, and Durban) varied mar...

  • Empower your employees

    As a business owner you want to work with people that believe in your vision, inspire your employees by empowering them. Empowering employees helps them to feel as though they are an important pa...

  • Protecting yourself - Restraint of trade

    Restraint of trade agreements (also known as non-compete agreements) is typically included as clauses in a contract of employment. Depending on how it is worded, the agreement may stipulate that ...

  • Generational diversity in the workplace

    Nowadays, small business owners span different age groups, from people in their teens (and even younger) all the way to the ‘golden oldies’ who choose to remain active past the traditional retire...

  • How to Be a Bad Boss

    I think there are many small business owners out there who became entrepreneurs not because they had a burning desire to be one, but because their experience of having a boss was so awful that...

  • Understanding Financial Ratios

    The moment someone starts mentioning phrases such as Return on Investment, Return on Sales, Gross Profit Margins and Financial Ratios, the average person who is not an accountant starts to break ...

  • Entrepreneurial insights - commitment or passion?

    Running your own business takes guts, commitment and an undying passion for what you do. Unfortunately, only the first two of these character traits are likely to see you emerge victorious after w...

  • Remembering to have fun as a business owner

    Depending on their reasons for starting a business (e.g. out of necessity, to take advantage of an opportunity), small business owners’ mindsets can range from anxious ‘do or die’, too focused but...