IN THE NEWS

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IN THE NEWS SAY OF THE DAY “All life is an experiment. The more experiments you make the better.” – Ralph Waldo Emerson    5 Ways to Start a Business Part-Time While Holding a Day Job Full-Time. 5 Ways to Start a Business Part-Time While Holding a Day Job Full-TimeYou know you want to start a business, but you can’t shake those financial pressures – rent or a mortgage, a car payment and maybe you have kids. Even young people have responsibilities after all. But tack on the fact your business idea will surely take time to catch on, and starting up can seem even further out of reach. You are a perfect candidate to become a part-time entrepreneur. While not ideal for every young trep – jumping head first into the start-up pool can be a preferred route – getting the business up and running before letting go of a regular paycheck may be the best course. Here are six ways to make the transition into entrepreneurship a smooth one: 1. Find balance. Of course, this is what being a part-time entrepreneur is all about. Can you start up and maintain your commitment to your full-time responsibilities? If you get (more…)

Different Types of Business Strategies

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Different Types of Business Strategies are available to any startup or a business. Basic Approach to Strategic Planning A critical review of past performance by the owners and management of a business and the preparation of a plan beyond normal budgetary horizons require a certain attitude of mind and predisposition. Some essential points which should to be observed during the review and planning process include the following: Relate to the medium term i.e. 2/4 years Be undertaken by owners/directors Focus on matters of strategic importance Be separated from day-to-day work Be realistic, detached and critical Distinguish between cause and effect Be reviewed periodically Be written down. As the precursor to developing a strategic plan, it is desirable to clearly identify the current status, objectives and strategies of an existing business or the latest thinking in respect of a new venture. Correctly defined, these can be used as the basis for a critical examination to probe existing or perceived Strengths, Weaknesses, Threats and Opportunities. This then leads to strategy development covering the following issues discussed in more detail below: Vision Mission Values Objectives Strategies Goals Programs Strategic statements can be defined as broad indicators of the direction(s) in which a business (more…)

Business Improvement

Dear CEO/Managing Director, Executive Director we are creating this post to tell you that Business Improvement is at hand Does your business suffer from: declining market share, no marketing strategy, no sales plan or controls in place slow manufacturing the worst on time in full ratio in the industry rising cost of sales due to poor procurement processes inappropriate processes, poorly trained staff, sales slumping inventory climbing more and more obsolete inventory poor accounting not up to date with SARS requirements no cash flow control a horde of dissatisfied customers, and on and on and on. Business Improvement You have so many issues to attend to, your staff are all ‘so busy” they cant support you and if they had time would not be as competent as you would like them to be in order to support you. In order to fix the problems mentioned above, we have our program called The Business Support for the CEO. Our New Year is underway so don’t let your business become a tragedy. Contact us. [contact-form-7 404 "Not Found"]   Share this:FacebookLinkedInTwitterGoogleSkypeLike this:Like Loading... (more…)