There are many reputable credit providers/company’s providing solutions to the working capital constraints that businesses face when they are trying to grow, re-structure, re-align or refinance. They can provide almost limitless funds running into the millions, and as well, many provide term loans secured by equipment and/or property. This might be the right structure, in […]
How much revenue you need to generate to break even? Exactly how much you need to sell each week to cover your costs will help you make better business decisions. Your break-even point is important. It allows you to understand the impact of changing conditions on your business, and it allows you to make changes […]
For some of us in business, coming out of the Christmas season and shortly thereafter can be a tough time, with only one half of the month productive and even then, business is slowing for the first half of the month. The whole country goes on vacation for first half of January –and then on […]
There are many reasons why a business can run into financial trouble. Debtors not meeting their payment obligations, problems with the tax office i.e. the business may have received a court summons or a Director’s Penalty Notice or even worse still received a statutory demand which if ignored can lead to the winding up of […]
Growth is a common objective for most business owners, however it is not always easy to achieve, and even if achieved but not managed well, it can cause a business to fail. Growth usually requires a business to make some proactive changes and undertake specific activities designed to achieve the growth. It may also require […]
Generally speaking, and in the first instance, only a drastic reduction in overheads or a substantial injection of capital can return a business to profitability assuming that this is achievable, otherwise some formal treatment will be required. If a return to profitability is possible, the directors of a company should immediately stop trading and appoint […]
