General

Famous last words – 9 phrases that should spell danger in a business.

Over the years, I’ve encountered many business owners who resist change and have a fixed mindset regarding business matters. This is especially true if the business has been operational for a few years and is doing well. Then, a few years later, they wonder what happened. The following are a few phrases that spell danger […]

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10 things to consider before taking a partner for your business

Before taking in a partner, new member to your CC or a new shareholder in your company there are some important considerations you need to take into account: The partnership should be governed by a partnership or shareholder agreement drawn up with the assistance of a lawyer. Although it might seem a waste of money,

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What is the ideal amount you should borrow for your business?

Recently, I’ve been wrestling with this question (why I do this to myself I don’t know). Going through many business assessments and business plans over the past years, it struck me that the normal approach being used is not very scientific. Normally a spreadsheet of some kind is used and the loan amount and monthly

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