Starting or running a small new business can be an exciting yet daunting prospect, and there are many hurdles which owners must overcome to ensure that their business survives for the long-term. Primary among the business survivalist toolkit is a healthy cashflow. The saying goes “turnover is vanity, profit is sanity, but cash flow is …
Critical credit management advice for small business and start-ups Read More »
So, you thought you were you? You aren’t. You’re him. And her. And the guy who bought that new Xbox you never used. Towards the end of 2017, Troy Hunter, well-known security researcher and the creator of Have I Been Pwned, discovered that the personal details of more than 75 million South Africans had …
Many South Africans believe that land grabs will only directly impact those whose land is expropriated if land grabs without compensation become commonplace. According to Frank Knight, CEO of Debtsource – a specialist credit management company – the impact of such land grabs will however be far deeper and more damaging to our economy than …
Advice is to build your business on quality debtors While revenue and turnover are key metrics used to measure the success of a business, companies live and die by their cash flow. That’s the view of Frank Knight, CEO of credit management specialist Debtsource. “Most businesses are too focused on turnover. While this figure may …
