Tag Archives: Financial Planning
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 [...]
Financing your Small Business
The best business idea in the world won’t get off the ground without proper and adequate financing. But getting money to start a business is one of the trickiest aspects of the whole process. Here are some suggestions for getting the financing you need.
1. Earn it yourself
Though this is one of the hardest to accomplish, it is [...]
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 [...]
Your accountant: fixed cost or asset?
Every business needs an accountant; it’s one of those essential service suppliers like your insurance broker or stationery supplier. You can’t really go without one. How you regard your accountant however is a completely different matter.
View more articles by Karin Hermans.
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 [...]
Finance Tip of the Week: Planning
Net worth calculation. At this time of year (being the beginning of a new tax year) most people like to take stock of what they’ve achieved and where they stand.
Gareth Cotten is one of the growing breed of SA entrepreneurs with that ‘world-domination’ look in his eyes. Gareth runs the coaching and consulting practice ‘Good [...]
The 2009 90 day Challenge 4
With only 60 days left in 2009 we look at the fourth of the 90 day challenge projects; Financial Planning. There are just four areas that require focus when it comes to financial planning;
Bruce Wade is a survivor of the corporate and NGO world, author, speaker, business owner and entrepreneur, Bruce now runs the Entrepreneur [...]
