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The answer to the question “Can your financial manager also take care of your business finance?” 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, I’m 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." – Bruce Besanko, OfficeMax As a chief financial officer in South Africa today, you might relate to...
‘Expand your business into Africa’ 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 one’s 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: You’re 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 ‘eco-friendly’ plan...
For any business owner, getting the right financial advice when starting or growing your business is pivotal to company success. Most entrepreneurs who have started their own business focus on landing the deals to generate income, but getting the right financial advice is just as important as landing those deals....
“I've been told to speed up my delivery when I perform. But if I lose the stammer, I'm just another slightly amusing accountant.” – Bobby Newhart American standup comedian Bobby Newhart may have been joking when he made this quip about accountants, but his point stands to reason. You might have...
If value is a perception, what is a business valuation to a company and how do you ensure that it reflects the company’s true worth? The challenge of managing your company’s business valuation is directly proportional to the factors that you are using to base the valuation on. In today’s...
