Monthly Archives: April 2012

Entrepreneur’s Credo

“I do not choose to be a common man. It is my right to be uncommon – if I can. I seek opportunity – not security. I do not wish to be a kept citizen, humbled and dulled by having … Continue reading

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The 5 step plan to improve your business

Perform a simple planning exercise every month that will help you make the best of your business. Step 1. Do an appraisal of the past month’s performance Identify the most important elements of your business – those things that have … Continue reading

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Be careful of the high cost of living

After the petrol hike and the proposed higher electricity costs looming, your living expenses will be more expensive. You will need to address this now or you will find yourself in trouble within 6 months. 1. Have a contingency fund. … Continue reading

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3 ways to beat unexpected sales slump

Your business will sink into trouble if you’re stuck in a rut for too long. Here are 3 ways to beat an unexpected sales slump. 1. Add to your product and service range with new and improved items: While it’s … Continue reading

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How to start a family business

Ironically, if you’re thinking about starting a family business, it pays to keep work and family separate. Here are 6 rules to start a successful family business. 1. A family business is still a business: Just because your brother or … Continue reading

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