Day: June 9, 2016
Cost management tips for SMEs (1)
June 9, 2016photo credit: www.youthvillage.co.za – Have a cash management system that works; SMEs trade with limited funds.it is therefore vital that cash turnover is gauged based on cash available within the business,frequency of trade,profit margins and monthly costs within the business. SMEs are advised to avoid credit sales and in cases where credit sales can not […]
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SWOT Analysis (2)
June 9, 2016photo credit : www.health.state.mn.us This is the second and concluding post on SWOT Analysis (find SWOT Analysis (1) here: https://biznessvirgins.blogspot.com.ng/2016/06/swot-analysis-1.html ) This post is aimed identifying at identifying opportunities and threats that affect your business. Opportunities and threats are external to your company and answering the questions that follow should be helpful in determining them. OPPORTUNITIES-what […]
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