The generator needs fuel to keep on running. In this day and age, this concept of needing fuel to keep the generator running is not something unheard of and many business owners can relate to that. Thanks to Eskom I can use our need to explain the cash flow concept.…

As business owners, we are constantly making decisions. A decision can make or break a business. Complex and unpredictable interpersonal and personal issues are involved in the decision-making process and can result in anxiety.

The price you charge for your products has a direct impact on the success of your business. And it is one of the toughest questions to answer, especially if you are offering a service. Thus, it is not worth settling on a thumb-suck price or copying the competition.

First, we need to consider the meaning of the word sustainability. The Oxford Dictionary defines sustainability as the” ability to be maintained at a certain rate or level”. The Collins dictionary defines sustain as the ability to continue or maintain something for some time. Without businesses, there will be little…

Our lives would have been so much easier if we had known if something bad will happen or not. Just because we do not know means that we need to manage the unknown, the risk.

It is evident that to achieve the goals and objectives of the business, procedures and policies must be in place. These procedures and policies are referred to as controls. The first question is do you know what the goal is for your business and do you know what objectives to…