Accurate measurement keeps your business RIGHT on track!
Business measurement is not a tool to beat yourself over the head with, but should be seen as your business’ compass to ensure that you...
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Terence
- Sep 4, 2018
- 3 min
Good execution brings life to your business plan!
The word “execution” might conjure up visions of death for some, but sound business execution actually means to give significant life and...
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Terence
- Aug 8, 2018
- 4 min
Planning gives shape to your dream!
So you have dreamed of opening your own chemical kit manufacturing business, your own coffee shop, ice-cream shop, or bakery? Your next...
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Terence
- Aug 1, 2018
- 3 min
Your dream is taking shape – and planning helps!
Have you dreamt of opening your own coffee shop, Chemical kit manufacturer, ice-cream shop, a bakery, cell phone shop, fresh fruit and...
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Terence
- Jul 27, 2018
- 2 min
I have a (business) dream!
Have you dreamed of opening your own cell-phone shop, tattoo parlour, ice-cream shop bakery, spaza shop or leather work business? Most...
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Terence
- Jun 29, 2018
- 3 min
Are you an Entrepreneur?
There are so many different takes on what an entrepreneur is and what exactly they look like. Some would suggest that a newspaper vendor...
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Terence
- Jun 13, 2018
- 4 min
Micoffee: success despite extreme challenges
When you pop in to a Micoffee shop in Port Elizabeth, and owner Mike Chizeya happens to be around, you are in for a real treat. Mike...
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Terence
- May 30, 2018
- 2 min
Changing job seekers into job creators
“Entrepreneurship is a career, not a plan B.” This is what Terence Knott-Craig, founder of The Springboard Academy, believes. He also...
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Terence
- May 25, 2018
- 3 min
Do I really need to form a company?
Knowing the pros and cons of the different types of trading and legal entities is important in making the right choice before registering...
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Terence
- May 16, 2018
- 3 min
How much capital does your business need?
Don’t be a statistic. Don’t become one of the estimated 80% of small businesses that fail due to a lack of sufficient working capital....
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Terence
- May 8, 2018
- 3 min
Make success your mission with bold budgets
The budgeting process can be so confusing when you are told to do it before your business is even off the ground. But let’s look at some...
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Terence
- May 1, 2018
- 4 min
Know the SYMPTOMS – treat the CAUSE!
Business success is a result of a number of things, including good information and the sensible application of this information. In The...
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Terence
- Apr 23, 2018
- 2 min
Check your business snapshot, and don’t let business financials get you down
Financial statements need not create anxiety and fear. Not everyone is an accountant or financial expert, but you, as the business owner,...
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Terence
- Apr 17, 2018
- 3 min
Assets & Liabilities - Business body parts
If Working Capital is the life-blood of a business, then the Assets and Liabilities are the working parts. The machinery and equipment...
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Terence
- Apr 12, 2018
- 2 min
Three things to remember about cash flow
Liquidity, and not profitability, is one of the main reasons start-up businesses fail. Liquidity is a measure of your business’ ability...
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Terence
- Apr 5, 2018
- 2 min
Get your ducks in a row. Be realistic about your business’ assets and overhead expenses
In our post, Profit: for purpose and pocket, we discussed how our expenses tend to rise to meet our incomes. In business, that means no...
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Terence
- Mar 28, 2018
- 3 min
Free personal budget planner for new business owners
It is imperative to pay yourself enough of a salary that you do not end up with "your hand in your business' Cookie Jar”. This may sound...
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Terence
- Mar 13, 2018
- 3 min
Start making a profit from your product today!
Working out the finances of a small business can seem scary for entrepreneurs new to the neighbourhood, but it doesn’t have to be...
44 views0 comments
Terence
- Mar 7, 2018
- 2 min
Structure your business like a pro
Now that you, the entrepreneur, know what your market wants and how you hope to satisfy that specific need, it is time for business...
29 views0 comments
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