- 3 major reasons why your business should use debit order collections as soon as possible
Once you’ve started a business there are many hurdles new owners must overcome. It is often surprising to new businesses owners how difficult, complicated and frustrating collecting money from debtors can be. After all, you are merely acquiring funds which are rightfully yours. Debit collecting is an effective method to ensure you receive money you are owed.
However, debit order collections also provide three distinct advantages that can dramatically aid your business: making you and your business more effective, thus increasing your profit.
1. Debtors … • • • more
Money & finance
- A quick guide on how to raise venture capital
Raising venture capital is not just about presenting your business plan and pitching your idea – there’s a lot you can do beforehand to boost your chances of raising the venture capital your startup needs.
Deciding what type of capital you need is one of the first decisions you should make. Do you need early stage capital, expansion capital or payout capital? Knowing which category you fall under is important for you to know before you approach any investors.
If you need a small amount … • • • more
- Graduating from a life of learning
Most business owners have to build their enterprises from scratch. The same goes for Anelene van Wyk, except that her 14-room guest-house business in Springbok in the Northern Cape is merely the culmination of an entire life built out of nothing.
At the age of 17, she was orphaned when her mother died in a fire that gutted the family home in Nababeep. Her father had died when she was six. She had no choice but to leave school with only a Standard 7 (Grade … • • • more
Tips, tricks & tools
- Business as a movie script: 5 hot business tips from movie icons
Business inspiration can come from anywhere, even Hollywood. Here are five business tips you can get from famous movie and the story lines they follow.
1. Take the risk
In Die Another Day, James Bond is asked if he is a gambling man and his response is, “If the stakes are right.” Starting your own business is always a gamble, but a good question to ask yourself is: Is it worth the risk? Will the reward in the end make it worthwhile? Usually, the greater … • • • more