Reactive cost cutting is problematic for a number of reasons and can trap business owners in a cycle of crisis management.
Independent research confirms that the South African small business sector is lagging behind the rest of the world due to government incompetence.
Reducing the gap between operating cash outflows and cash inflows is an important priority for any business owner who wants to grow.
Cost-plus pricing is very appealing because it is simple to understand and intuitively fair. However, it also has some significant drawbacks.
Salaries, dividends, and shareholder loans all have different tax implications, but it’s important to consider the impact on your company’s value as well.