“Apart from the obvious benefits of accounting accuracy and more effective sales analyses, I find that Gary’s Involvement as a mentor has also added a huge personal comfort factor to my decision making and forward planning.”
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In this second part of the series entitled "What do I HAVE to manage?" I address some of the specific ‘must-do’s’ about cash flow management.
SPREAD YOUR FIXED MONTHLY PAYMENTS.
Most small businesses I know pay very little attention to the date they commit to fixed, and regular, monthly payments. As a result, a number of fairly [...]
WHAT DOES THE BIBLE TELL US?
Well, the bible tells us very little – directly – about how to be a good employer of people. There are very few clear specifics – how-to’s – anywhere in scripture. There are exceptions of course, and I will highlight these further on in this Insight, but generally speaking, the [...]
WHAT IS THIS THING CALLED “CASH FLOW”?
Business stands or falls on its cash flow. Let me emphasise this again: – Business stands or falls on its cash flow! As a business owner you have to manage your cash flow!
So what is this thing called “cash flow”? And why is it something that gets so little [...]
WHAT DO I HAVE TO MANAGE?
Most small business owners find it difficult to manage every aspect of their businesses, just because of the time it takes.
There’s so much to do, and so little time – usually! However, there are a few basics that simply have to be done – and regularly – if you [...]
Dr Ron Jensen (author of “Make a Life, Not Just a Living) made this statement:
This work ethic, which was deeply rooted in the Protestant reformation, was the very core of what made America great in its early years. But in the mid-nineteenth century this ethic began to erode. As Sherwood Wirt says, “The calling lost [...]
Have you ever noticed those little street vendors that seem to pop up along busy roads?
You see it wherever the taxis gather, and even on the pavements outside shops that attract lots of people. Driving back from the Cape just before New Year, I noticed this just outside a little town called Paul Roux in [...]
If you had R100,000 to invest and I offered you a risk-free, 15% guaranteed per annum return on an investment option, you would be quite happy to hand over your money to me – wouldn’t you?
After all, you won’t have to work for the money and the capital is guaranteed. Most people who have the [...]
REVIEW SO FAR
In the first part of this series on "The Christian in Business", I raised the issue that so many of us are confronted with from time to time – the pressure to conform to the ways of the business world – and often at the expense of personal integrity.
Warren Wiersbe observes: "A person [...]
In the first quarterly magazine from the Institute of Directors of South Africa, there was an article on some of the implications of the new Companies Act, which I felt was very relevant for many of our Company clients.
I’ve taken the liberty of copying some of them for your information, since I believe you should [...]
2010 has only just begun and already I’ve noticed that the number of businesses in trouble seems to be on the increase. Although the world economy is supposedly on the rebound, it’s clear that South Africa is lagging behind. I’m in the process of completing a book on the subject called "Business Blues- Why youve [...]
“Always choose life.”
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