Ten tips for managing the lifeblood of your business

By Byron Jeacocks Regional General Manager, BUSINESS/PARTNERS Nothing is as important to the financial health of a growing small business as the constant, predictable flow of cash, because if the cash dries up, the business will die. Cash is to a business what oxygen is to a body – it simply cannot survive without it, […]

No business is too small for a proper budget

Many business owners mistakenly think their operation is too small for a formal budgeting process. The budget (of sorts) that many business owners keep inside their heads is often more like a basic recipe, and is usually inadequate to deal with the constant change that every business is subject to. This is according to Jeremy […]

Build your own support network

The business support landscape in South Africa for young entrepreneurs is like the business world itself: it is teeming with opportunities, but you will have to seek them out yourself and build your own support network. Nobody is going to hand it to you on a silver platter. For decades, various spheres of government, corporates […]

Tax relief welcome but still not enough incentive for SA small businesses

Although Finance Minister Pravin Gordhan has given further tax relief to small businesses and micro-enterprises in his 2012/13 Budget, there still remains very little incentive for small businesses to start up and flourish in South Africa. Professor Matthew Lester, speaking at the launch of the 2012 Sanlam / Business Partners Entrepreneur of the Year ® […]