TerenceMay 26, 20213 minWhy not go gold-miningYou have all you need to create your future, so go Gold-mining.
TerenceSep 21, 20184 minAccurate 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...
TerenceSep 4, 20183 minGood 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...
TerenceAug 8, 20184 minPlanning 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...
TerenceAug 1, 20183 minYour 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...
TerenceJul 27, 20182 minI 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...
TerenceJul 19, 20183 minDream, plan, execute and measure your way to business success!Entrepreneurship is hard work! So often these days, we expect things to “just happen”. What do we mean by this? Well, the government, our...
TerenceJul 12, 20184 minBathabile Mpofu: proof that dynamite comes in small packagesCo-founder of Nkazimulo Applied Sciences and creator of the ChemStart science kit, Bathabile Mpofu says her purpose in life is to help...
TerenceJun 29, 20183 minAre 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...
TerenceJun 13, 20184 minMicoffee: success despite extreme challengesWhen 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...
TerenceMay 25, 20183 minDo 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...
TerenceMay 16, 20183 minHow 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....
TerenceMay 1, 20184 minKnow 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...
TerenceApr 23, 20182 minCheck your business snapshot, and don’t let business financials get you downFinancial statements need not create anxiety and fear. Not everyone is an accountant or financial expert, but you, as the business owner,...
TerenceApr 17, 20183 minAssets & Liabilities - Business body partsIf Working Capital is the life-blood of a business, then the Assets and Liabilities are the working parts. The machinery and equipment...
TerenceApr 12, 20182 minThree things to remember about cash flowLiquidity, and not profitability, is one of the main reasons start-up businesses fail. Liquidity is a measure of your business’ ability...
TerenceApr 5, 20182 minGet your ducks in a row. Be realistic about your business’ assets and overhead expensesIn our post, Profit: for purpose and pocket, we discussed how our expenses tend to rise to meet our incomes. In business, that means no...
TerenceMar 28, 20183 minFree personal budget planner for new business ownersIt 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...
TerenceMar 20, 20182 minProfit: for purpose and pocketTraditionally, we have been told to first determine 1) the sales and turnover, 2) the cost of sales (CoS) and 3) all fixed and variable...
TerenceMar 13, 20183 minStart 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...