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5 reasons why EVERYONE should understand Financial Management
1. Understanding financial jargon
With the recent recession hitting everybody where it hurts, people have come to realise that they weren’t following what was going on around them. In a major part, this was because people didn’t understand the lingo being used, and couldn’t decipher the warning signs for themselves. Wrapping your head around the [...]
Should I be focusing more on return on investment or net profit?
One of our super smart Ideate readers sent through a very interesting question via our suggestion box. The question was “Should I be focusing more on return on investment on net profit?” Here’s my answer:
The beauty of it is that the return on investment (ROI) and net profit are intrinsically linked – ROI is calculated [...]
The changing face of Entrepreneurship in South Africa
The idea of Entrepreneurship has undergone some sweeping changes in the recent past, and nowhere more so than right here in SA. These are just a few of the reasons for, and outcomes of, people having an entirely different take on going into business for oneself…
Being an entrepreneur is no longer seen as being mad. It’s [...]
8 Reasons Why People Start Their Own Businesses
We all know someone who’s gone into business for themselves – a family member, a friend or an ex-colleague. The amazing thing is that every one of them has their own story about why they did it! Some fell into it, some had no choice, others were hit by a bolt of inspiration.
While there are [...]
8 Reasons Why People Start Their Own Businesses
We all know someone who’s gone into business for themselves – a family member, a friend or an ex-colleague. The amazing thing is that every one of them has their own story about why they did it! Some fell into it, some had no choice, others were hit by a bolt of inspiration. While there [...]
Business Tip of the Week: Strategy
Know where you make your money. All too often, business owners simply run their ventures from month to month, without ever doing an analysis of what parts are performing best. As long as they’re covering costs, and making a small profit, they never stop to examine which parts of their business make money, and which [...]
Finance Tip of the week: Gambling
Sports betting. With the Soccer World Cup having recently wrapped up, there’s been a lot of debate about, and coverage of, all the different forms of sports betting around. As with any form of gambling, there are always plenty of people lamenting their losses, so I thought it useful to have a quick look at [...]
Business Tip of the Week: Cost control/Finances
Everything is negotiable. It’s very rare that a business becomes a successful one if it lets its costs spiral out of control, and the leanest ones out there watch their expenses like a hawk.
Gareth Cotten is one of the growing breed of SA entrepreneurs with that ‘world-domination’ look in his eyes. Gareth runs the [...]
Finance tip of the week: Utilities
Keeping warm as energy-efficiently as possible. With it being the coldest part of the year here in the southern hemisphere, one is constantly reminded of the many appliances that people use to warm their homes and offices.
Gareth Cotten is one of the growing breed of SA entrepreneurs with that ‘world-domination’ look in his eyes. [...]
Business Lessons from a Rock Concert
Having gone to the Masters of Rock concert at GrandWest Casino last Tuesday night – featuring Wishbone Ash, Uriah Heep, and Deep Purple (all big in the 60’s and 70’s) – I couldn’t help but be reminded of a few pertinent business lessons:
Gareth Cotten is one of the growing breed of SA entrepreneurs with that [...]
