Previously we discussed why a business plan is so important, this month we look at the mechanics of compiling it. There are many templates available (most banks have pretty good ones), and by using one you can ensure you cover all the relevant topics involved - 1....

Management is probably more of an art than a science – sometimes you need to get actively involved in an issue and other times you need to stand aside and let your staff get on with it. Significantly, if you do not get it right, your staff can become demotivated and...

When setting out on a new venture or adding a new section to your business, it pays to have a strategy as to what you want to achieve and how you want to go about accomplishing your vision. Be thorough when doing this and do a comprehensive business plan. Why a...

Electricity has become a bane in our lives – not only does it increase in price by double digits each year, but we also face the ongoing possibility (perhaps probability) of load shedding. But we can be proactive as there are many ways to cut costs and with some...

We all know times are tough and many companies are embarking on cost cutting exercises. Unfortunately, this is a necessary procedure but think of the impact on staff morale and the potential loss of productivity when undertaking cost reduction. You don’t want to end...

The word sustainability is seemingly on everyone’s lips. What does it mean and what can you and I do about it? Deconstructing sustainability The above quote encapsulates what it means. It is a holistic concept and is a mix of many actions and ideas. If you want your...