With this and the reality of SA having entered an economic downturn in June, it’s not hard to feel a bit bleak. Darlene Menzies, CEO of Finfind, South Africa’s leading online access to finance solution, shares a few finance tips on optimising cash flow management to help ensure that small businesses survive and thrive during rocky times The bad news …
The bad news in the SME market in 2016 was that 67% of small businesses that closed in South Africa did so for financial reasons. This is a far more pressing problem for local entrepreneurs compared to their regional counterparts, with 50% more South African entrepreneurs discontinuing their businesses due to a lack of access to finance compared to the …
Staying organised and on top of paperwork can be tricky for entrepreneurs who already have dozens of other balls in the air. Keeping track of financial documents and then needing to have up to date copies on hand when requested by lenders is a business owner’s worst nightmare. While securing finance may be critical to your business’s survival and growth, …
Staying organised and on top of paperwork can be tricky for entrepreneurs who already have dozens of other balls in the air. Here is a simple tip to put you at the front of the queue to secure finance. Keeping track of financial documents and then needing to have up to date copies on hand when requested by lenders is …