What does procrastination cost you?

No doubt you’re well aware of the obvious ways procrastination impacts your life – late for a meeting (again), the fully-booked house you wanted to reserve for the holidays, or the apologetic call to a client for not delivering a project on time. But do you realise that you’re paying an even bigger price in lost opportunities and bottom-line financial costs?

3 Simple financial ratios that measure business performance

If all you’re doing is keeping track of your transactions, you could be missing key information about your businesses’ financial health. To measure your success and plan for the unexpected, take some time to consider these financial ratios next time you review your financial statements. Management thinker Peter Drucker is quoted as saying that “you […]

Is your business prepared for inflation?

South African consumers and businesses can expect wide-reaching price increases during 2022 as global factors and local forces come into play. The question is, how do business owners prepare for inflation? Already implemented is a massive fuel hike (1 March) that, among other things, increases the cost of raw materials and freight. With ongoing Russia’s […]

Authentic relationships result in happier customers

Every business in the world sells something. They sell goods or services in order to address a need or desire of a consumer, and to achieve a profit in the process (at the very least only to ensure its sustainability).  Before the introduction of many modern technologies (the internet specifically), focussing solely on quality goods or services in order to make profit was the common thing to do. Business owners could often […]