2021 March

Two heads are better than one, so sit down with your spouse and plan out your financial future together.

Advancement in technology, unfortunately, has helped attackers be more aggressive and capable of inflicting more damage to IT systems and infrastructure deployed at most enterprises today. 

As managers, we have the important responsibility of formulating a strategy, not only to assure that our companies will be successful today, but also successful in the future.

The 7 Proven Principles to Business Success will overcome whatever limitation you have. Think of it as a recipe for success in business. All you have to do is first of all learn what the 7 principles are, and then apply them, in order. When you follow this recipe all of your challenges will fade away.

All of the planning in the world is an exercise in futility without the working capital to successfully carry out the plan. If a business sells to customers on terms, then working capital availability is dependent on cash flow timing. In most instances a business will incur a cash flow gap between the time cash is required for inventory, payroll and operating expenses, and the time cash is received from customers paying on terms. Let’s explore a simple example of this timing difference that makes up the cash flow gap:

Selling a business, especially a restaurant is not as easy as it seems and most people find it difficult not knowing how to go about it. The end result is targeting unprofessional people who just waste time and the ‘real buyers’ are nowhere to be seen.

Congratulations on your decision to start a home sewing business; before you is a very exciting time in your life! To ensure that your business is the best it can possibly be, and has the best shot at being successful for the long-haul, you will need to follow some time-tested home business strategies. Let’s take a moment to briefly look at each of them:

It is a dream of many Individuals to own a business. But sadly, according to surveys conducted by several consulting firms , only 1 in 5 businesses is still in business 5 years after it opens.

Whether you are starting up a new business or you already have an established company, the importance of a business plan may be over looked. Yes, they can take some time to draw up but just think of your business plan as a map of a country. Without the details and information on this map, trying to navigate yourself around a country will usually end up leaving you lost. Probably travelling the same routes over and over again, taking you 2-3 times longer to find your way(if you do ever find your way).