pair your thinking against a knowledgeable source Business is tough on the best day for shareholders, founders and especially entrepreneurs. I find that it is essential to acknowledge those that have been consistent in my 25yrs on the job. ISO standards are a cliché...
Customer relationship management systems were not created to run your client relationships; they are a support engine. When business development specialists forget this, clients inevitably start feeling like a number. For example, the system says call Mrs Jones every...
One of the most challenging things to do as a business owner is to change direction, review your own decisions and amend. It is in our innate nature to defend the decisions we have made. Time and time again people get stuck defending decisions made, at a point in time with very specific variables.
As small businesses, it is challenging to keep one’s head when the ‘black Friday’ push is on. Be vigilant, do not set yourself up for a loss leading busy month. It is very easy to discount stock on the shelf without consideration for the real cash invested. Use a...
Today’s role of supply chain management is time, quality and cashflow focused. Every manufacturer and service provider is looking to streamline and tighten the product creation cost while retaining the level of quality. Every penny saved impacts the bottom-line. As a...
If you are a small business currently participating in an enterprise supplier development program, will you ever be in the position to manage your client or is your client managing you indefinitely. Let’s review the current economic status. Things are sluggish and...
The SMME BottomLine, is a business advisory service designed to assist with compliance, strategy and human resources. The network forum also known as TSB, successfully hosted 50 small business owners on the 22nd of August at The Place, Invest SA, one stop shop.
Entrepreneurship is hailed as the key to unlocking SA’s economic potential. However studies suggest that many small businesses fail within the first two to three years. Co-founder of SMME Bottom Line Forum Grace Mohlomi has more.
After a successful run in the corporate environment, I found myself disillusioned about what the next promotion would hold and often dreamt about owning my own business.