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Tips, advice, and information for South African business owners

10 Oct

Value vs Price

If you don’t communicate how much your products or services are worth, then you will end up competing on price and making less than you should.

02 Oct

Trading Price For Sales

Many business owners cut prices to grow sales, without appreciating how many more sales are actually needed to offset the profitability impact.

01 Oct

Hidden Cash

Many business owners overlook the cash that is hidden by working capital activities, like debtor accounts and unsold inventory.

19 Sep

Youth Employment B-BBEE Boost

The introduction of youth employment incentives will make it a lot easier for companies to achieve a competitive B-BBEE score.

17 Sep

Low Prices Set Low Expectations

The price that you charge needs to match the promises that you make; low prices usually translate into equally low expectations.