Tag: Small business
-
Why you need new business policies before July 2021
Since the POPI Act came into effect on the 1st of July 2020, many businesses have had to rethink the way that they use and store information of individuals. In some ways, it may place a burden on some small business who have been using the same tactics for years to engage with clients and potential clients.…
-
Three financial tips for small business entrepreneurs
Here are three things which small business owners should consider implementing to improve their chances for long-term success. Do Not aim to match or beat prices offered by competitors Price may win among big retailers that include, as well as countless other larger businesses in a variety of categories – but smaller businesses know all too…
-
When it comes to strategy, think big
To create a strategic roadmap for your business you don’t need heaps of wonderful resources; you only need to give up your preconceived ideas about strategy. Sometimes the thing that holds a small business back the most is small thinking. If you believe that the size of your business is a disadvantage when it comes…
-
Financial risk management for your small business: Do you know how to do it?
Is it really necessary to be able to manage financial risk? The answer is a definite “Yes!” It can make the difference between having a successful business or being forced to close down the business. Make sure you give your business the best chance to survive and thrive by understanding and implementing financial risk management.…