When starting a business, it’s crucial to be prepared for both the initial startup costs and the ongoing expenses. A budget is an essential tool that can help you estimate how much money you’ll need…
Managing inventory levels effectively is crucial for the success of any business. Whether you’re a retailer, wholesaler, or manufacturer, maintaining the right inventory levels can help you reduce costs, improve cash flow, and ensure happy…
One of the most important elements of a successful business is healthy cash flow. Without this, any business will struggle to operate properly. Cash flow is different from income and profits. It’s not about the…
There are many different ways that business owners can use technology to work smarter. One of the best is with the right accounting automation tools. Accounting automation tools can save you significant amounts of time,…
If you’re a young entrepreneur in need of funding, then the National Youth Development Agency (NYDA) could offer the ideal opportunity. NYDA business funding helps thousands of small businesses across South Africa. If you match…
One of the biggest initial challenges of starting a business is gaining funding. You need capital to get your business off the ground, but finding this capital can be tricky – especially when all you…
SMEs are the backbone of South Africa’s economy, which is why various government funding initiatives exist to help support the development of small businesses. Whether you’re trying to start a new business or want to…
You need money to start a business. While this can be a tricky part of getting your business off the ground, the good news is that many funding options exist for small businesses. Securing the…