| Should you reinvest your business profits, or save them elsewhere? | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/should-you-reinvest-your-business-profits-or-save-them-elsewhere | Should you reinvest your business profits, or save them elsewhere? | Once a business is better established from its start-up days and starts producing profits, the business owner is faced with a not altogether unpleasant dilemma - is it better to reinvest the surplus back into the business, or take it out and save it elsewhere? | 2019/07/28 10:00:00 PM | | |
| Ten ways to keep your cost-saving mindset sharp | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/ten-ways-to-keep-your-cost-saving-mindset-sharp | Ten ways to keep your cost-saving mindset sharp | Because growing businesses are so cash hungry, business owners are used to spending money on labour, equipment, consumables, raw materials, transport and an endless list of needs of the enterprise. You have to spend money to make money, but the problem is that business owners are often blunted by the experience. They lose their savings edge, and their business expenses start creeping upwards. | 2019/07/28 10:00:00 PM | | |
| Economic action wish list for South African small businesses | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/economic-action-wish-list-for-south-african-small-businesses | Economic action wish list for South African small businesses | Now that all the growth-positive intentions have been unambiguously declared, first with the president’s State of the Nation address and then in the finance minister’s Budget Speech, South Africa’s small business community is yearning for real action to get the South African economy growing once more, says Siphethe Dumeko, chief financial officer of Business Partners Limited. | 2019/03/25 10:00:00 PM | | |
| Pointers and pitfalls of drawing up a business budget | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/pointers-and-pitfalls-of-drawing-up-a-business-budget | Pointers and pitfalls of drawing up a business budget | Imagine a single tool that can improve your profits, control your spending, focus your business, clarify the way forward, give you clear targets, help you to make better decisions, to spot problems coming, and to raise finance. | 2019/03/25 10:00:00 PM | | |
| Almost any business can and must save for an emergency | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/almost-any-business-can-and-must-save-for-an-emergency | Almost any business can and must save for an emergency | Most business owners, when they put their minds to it, would agree that their business is always vulnerable to sudden calamity - a big client going broke, a lawsuit out of the blue or any accident that causes disruption and stoppage not covered by insurance. | 2018/11/20 10:00:00 PM | | |
| How to stay profitable in difficult times | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/how-to-stay-profitable-in-difficult-times | How to stay profitable in difficult times | It is becoming increasingly difficult for entrepreneurs to maintain or increase profitability levels as the South African economy slips in and out of recession and consumer confidence hit one low after another. | 2018/11/20 10:00:00 PM | | |
| Nine critical habits of good cash flow management | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/nine-critical-habits-of-good-cash-flow-management | Nine critical habits of good cash flow management | If cash is to your business what oxygen is to the body - you die very quickly if it runs out - it also needs to be said that most businesses work in environments where air can indeed run out at any moment. | 2018/02/27 10:00:00 PM | | |
| Opportunities for SMEs in the 2018 National Budget Speech | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/opportunities-for-smes-in-the-2018-national-budget-speech | Opportunities for SMEs in the 2018 National Budget Speech | Small business owners should believe the rising tide will lift all the boats, as the South African economy is showing signs of turning the corner after a couple of years of disappointing growth and high volatility. As such, 2018 holds promise of increased opportunities for local small and medium enterprises (SMEs). | 2018/02/27 10:00:00 PM | | |
| Mentor brings tools, experience and empathy | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/business-wellbeing/mentor-brings-tools-experience-and-empathy | Mentor brings tools, experience and empathy | When Roy Lailvaux started mentoring Bajith and Joshna Panday he immediately recognised the enormous stress they were under. | 2017/10/30 10:00:00 PM | | |
| Debt is good for your business as long as it is well managed | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/debt-is-good-for-your-business-as-long-as-it-is-well-managed | Debt is good for your business as long as it is well managed | The word “debt” often has negative connotations as something to be avoided. This is because it can be perceived to spell out financial trouble, but Siphethe Dumeko, chief financial officer of Business Partners Limited, believes that debt is more often than not, a vital, nourishing resource that allows a business to grow. | 2017/07/30 10:00:00 PM | | |
| Ten tips for managing the lifeblood of your business | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/ten-tips-for-managing-the-lifeblood-of-your-business | Ten tips for managing the lifeblood of your business | 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. | 2017/07/30 10:00:00 PM | | |
| Tax terms defined | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/tax-terms-defined | Tax terms defined | Before you try to get your taxes in order, it's important be familiar with the technical jargon you're about to be bombarded with. This glossary of tax terms can help you get to grips with that complicated language called Tax. | 2017/03/06 10:00:00 PM | | |
| Now is the time for a pro-SME Budget | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/now-is-the-time-for-a-pro-sme-budget | Now is the time for a pro-SME Budget | In year that promises better economic growth than that of the past few miserable ones, South Africa's business owners are likely to follow this month's tabling of the national Budget with more interest than usual, says Siphethe Dumeko, Chief Financial Officer at Business Partners Limited, the leading local risk financier to small and medium enterprises (SMEs). | 2017/02/23 10:00:00 PM | | |
| Assessing your company's financial position | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/assessing-your-companys-financial-position | Assessing your company's financial position | If you're not so clued up about the accounting and financial side of your business, you may not realise how an in-depth financial analysis can benefit your company. Learn how to get the most out of your financial information. | 2017/02/13 10:00:00 PM | | |
| How good is your credit rating? | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/how-good-is-your-credit-rating | How good is your credit rating? | No matter what kind of business you have, there will probably come a time when you have to apply for a loan or overdraft to expand your business, buy equipment or finance some other aspect of your operations. This is when have a good credit history becomes very important. | 2017/02/13 10:00:00 PM | | |
| Six ways to improve your business budgeting | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/six-ways-to-improve-your-business-budgeting | Six ways to improve your business budgeting | At the best of times, budgeting is one of the most important habits that separates thriving business owners from the mass of plodders and stragglers. When times are tough, the ability to budget becomes a matter of survival. | 2016/03/28 10:00:00 PM | | |
| SA entrepreneurs look towards Budget for much-needed relief | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/sa-entrepreneurs-look-towards-budget-for-much-needed-relief | SA entrepreneurs look towards Budget for much-needed relief | Like a farmer staring up to a tiny cloud in a parched sky hoping that it will grow and bring rain, South Africa's business owners are eagerly looking towards the upcoming Budget speech for anything that might relieve the discomfort of the current climate. | 2016/02/23 10:00:00 PM | | |
| How to make the most of the months of extremes | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/how-to-make-the-most-of-the-months-of-extremes | How to make the most of the months of extremes | December and January tend to be months of extremes for South African business owners. Either business dries up to levels where it is hardly worth staying open, or the work floods in at such quantities that you might come close to drowning. | 2015/12/17 10:00:00 PM | | |
| Six essential tips for sound business budgeting | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/six-essential-tips-for-sound-business-budgeting | Six essential tips for sound business budgeting | A business without a working budget is like a car without a fuel gauge – it will drive for a while, but will run out of fuel when the driver least expects it. How can business owners put their budget, that most basic of business tools, to best use? Anton Roelofse, regional general manager of Business Partners Limited (BUSINESS/PARTNERS), has six essential tips for sound business budgeting. | 2015/03/19 10:00:00 PM | | |
| How much profit did you make? | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/how-much-profit-did-you-make | How much profit did you make? | Often many small, and even medium sized businesses are run by people who come from a technical background. They have what we call "technical know- how", but they may not necessarily have the knowledge or the dedicated time to manage some other disciplines, such as human resources, marketing or financial management. | 2014/09/26 10:00:00 PM | | |
| The science and art of valuing a business | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/the-science-and-art-of-valuing-a-business | The science and art of valuing a business | The question : What is the value of this business? is one of those best answered by another question: Who wants to know? | 2014/06/20 10:00:00 PM | | |
| No business is too small for a proper budget | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/no-business-is-too-small-for-a-proper-budget | 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. | 2014/02/20 10:00:00 PM | | |
| SME-friendly Budget will boost job creation, economic growth | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/sme-friendly-budget-will-boost-job-creation-economic-growth | SME-friendly Budget will boost job creation, economic growth | Most small and medium business owners know what it’s like to put together a budget under difficult circumstances. Many will therefore be sparing a thought for finance minister Pravin Gordhan | 2014/02/18 10:00:00 PM | | |
| Time to start looking at income growth again | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/time-to-start-looking-at-income-growth-again | Time to start looking at income growth again | 2014 looks like the year in which business owners will be shaking themselves out of the mindset of survival through cost cutting to one of expansion through income growth, says Anton Roelofse, regional general manager of Business Partners. | 2014/01/23 10:00:00 PM | | |
| SA SMEs cutting costs on cyber security could threaten business survival | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/money-and-finance/sa-smes-cutting-costs-on-cyber-security-could-threaten-business-survival | SA SMEs cutting costs on cyber security could threaten business survival | In the current economic climate South African SMEs are increasingly cutting costs due to the sustained impacts of the global financial crisis. This is according to the recently released KPMG Business Leaders Survey, which found that a significant amount of local businesses were attempting to cut costs due to the uncertainty of the current global economic climate. | 2012/06/29 10:00:00 PM | | |
