âStrategyâ is a term that can be confusing and, in some cases, may even strike fear into the minds of SME shareholder-managers and even non-executive and independent directors alike. A strategy is simply a series of manoeuvres designed to achieve a specific business outcome or goal. It is the set...
So, youâve got an exciting new venture on the go, and someone has suggested you take on a project accountant to help ensure things run smoothly. But now youâre left asking the question: what exactly does a project accountant do? Well, there are a few clues in the name. A project...
One of the most challenging things that a company seeking strategy advise has to do, is to get to grips in really understanding what some of the bare bone essentials are in choosing a strategy consultant. You thought launching rockets was easy! You have not yet met some of the strategy...
The answer to the question âCan your financial manager also take care of your business finance?â is a resounding YES!. The proviso is that he/she must have the necessary qualifications and experience to be able to take care of your business finance successfully. Like everything in life, the right qualifications and education...
"As CFO, Iâm in a unique position within the organization, at the absolute centre of the universe. The only other executive besides me that has that same presence at the centre is the CEO." â Bruce Besanko, OfficeMax As a chief financial officer in South Africa today, you might relate to...
âExpand your business into Africaâ It sounds simple enough, but in reality, expanding into Africa is complicated, time consuming and often an expensive process. Understanding the markets you are planning to target is probably the most important aspect of any African expansion programme and for that you need to engage the services of experienced specialists who...
People often ask me: so, what is Entrepreneurship all about? I have pondered this question many times and to date, I would say that Entrepreneurship is nothing more than a business experiment of oneâs imagination. Because of the nature of experiments, a fair degree of risk is involved and I...
What is a cash flow analysis, who should see it and why? The answer could be illustrated in an all-too-familiar scenario. Picture this: Youâre driving along in your car and stop at a traffic light. A beggar appears at your window, asking for some change. You check your wallet and your...
Business sustainability, also known as corporate sustainability, is the management and coordination of environmental, social and financial demands and concerns to ensure responsible, ethical and ongoing success. From a business perspective, business sustainability is a business centric approach that creates long-term consumer and employee value by creating an âeco-friendlyâ plan...
