Financials

As an entrepreneur it is important you understand financial statements. Numbers paint a picture of what is going on in your business: You cannot truly attain financial freedom from your business if you do not understand your numbers. This is true if you choose to keep your business as part of your investment portfolio. It becomes easier for your staff to run down your business because you fail to see

Financial freedom for business owners never happens by chance. It is something that needs to be planned. Keeping track of how your assets grow over time is essential for your financial freedom. Assets accumulate over time and the goal of the entrepreneur is to accumulate enough assets so cash is pumped into the business without little effort by the entrepreneur. This is where financial freedom happens. Financial freedom for business

PLANNING KPIS: WHERE SHOULD YOU FOCUS? Every business starts with an idea. The greatest innovations exist in between two worlds that no one ever thought complemented each other. Of course, these are also the greatest risks but if accepted by the market has the greatest potential for growth. This applies when the market risk is a customer risk rather than technology risk. You will no doubt succeed if you found

Starting a business is never easy. Finding that place where your business is positioned for growth might take some time. Some entrepreneurs are lucky enough to discover a sweet spot from the get go but others might have to work harder at it. This means an entrepreneur might go through various business plans before he/she finds the right product/market fit. Statistics states that approximately 5 out of 10 businesses fail.

Entrepreneurs understand the need to stand out in the market place. Standing out in the marketplace is a pre-requisite for long term sustainability. There are three areas in your business that need to work together to maintain a competitive edge. Finance Marketing Operations Finance: Gaining clarity and handling your finances better How do you compete financially in the market place? To be a sustainable business, you must have clarity about