It is important for small businesses to make investments in “technology fundamentals”. James Smith of Vox Telecom advises on these important technologies to help your business grow.
South African business owners are reluctant to take profits out of their businesses and allocate these towards a dedicated wealth creation strategy as a means to become financially independent. The biggest mistake a business owner could ever make is to regard his business as his retirement savings plan.
July is the month to start saving for a rainy day. Entrepreneurs, as well as consumers, need to adopt a savings culture. It is vital for any business to have a contingency plan in place and cash is a very important lifeline in any sector. Cash can determine the difference between its existence, expansion or failure.