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Sometimes the Best Management Is To Take a Back Seat

Sometimes the Best Management Is To Take a Back Seat

“When the best leader’s work is done the people say‘We did it ourselves’” (Lao Tzu) Management is probably more of an art than a science – sometimes you need to get actively involved in an issue and other times you need to stand aside and let your staff get on with...
How to Prepare Your Business Plan

How to Prepare Your Business Plan

“If you fail to plan, you are planning to fail!” (Benjamin Franklin) Previously we discussed why a business plan is so important, this month we look at the mechanics of compiling it. There are many templates available (most banks have pretty good...
Businesses: Think Strategically When Cost Cutting

Businesses: Think Strategically When Cost Cutting

We all know times are tough and many companies are embarking on cost cutting exercises. Unfortunately, this is a necessary procedure but think of the impact on staff morale and the potential loss of productivity when undertaking cost reduction. You don’t want to end...
Cut Your Electricity Bills!

Cut Your Electricity Bills!

Electricity has become a bane in our lives – not only does it increase in price by double digits each year, but we also face the ongoing possibility (perhaps probability) of load shedding. But we can be proactive as there are many ways to cut costs and with some...
5 Reasons To Never Overlook Your Business Plan

5 Reasons To Never Overlook Your Business Plan

“How can I be so stupid?” (John Cleese recalling when he pitched the BBC to start the Monty Python’s Flying Circus show without a business plan) When setting out on a new venture or adding a new section to your business, it pays to have a strategy as to what you want...