Bookkeeping for dummies
[bctt tweet=”Bookkeeping is an important skill to have when you’re starting your business” username=”SheLeadsAfrica”] One thing that you quickly learn when you start your business is that you’ll have to handle every aspect of it; from marketing your products, hiring your employees and most importantly getting a handle of your accounts. It is therefore important […]
How to monitor a budget to inform business decisions
[bctt tweet=”Budgets play a key role in the day to day decisions, here are 4 scenarios” username=”SheLeadsAfrica”] The budget is not only important for future decision making but for day to day decisions as well. To be able to use it this way, you must monitor it frequently by comparing your actual income and expenses […]
The 3 C’s of the budget cycle
[bctt tweet=”Before you create a budget for your business, you need to know what the budget cycle is” via=”no”] You are probably asking yourself what this thing called the ‘’budget cycle’’ is. You have heard about the budget and how it works but you are less likely to have heard about the budget cycle. The […]
‘Why should start-ups care about the budget?’ – Top 3 budget myths debunked
[bctt tweet=”Time to bust some myths around budgets for business with @StanChart” username=”SheLeadsAfrica”] Here at SLA, budgeting is not a new concept. I am sure by now we know why we need to set up a personal budget and how to go about it. However, how many of you #MotherlandMoguls spend time budgeting for your […]
Why should you budget for your business?
[bctt tweet=”Ever wondered how multinational organisations control their financial calendars? It’s simple” username=”SheLeadsAfrica”] “I was always running out of money, constantly struggling and missing my orders was the order of the day. Having my lights turned off, sometimes in the middle of a client presentation was not surprising anymore; all this because I had either […]
A stitch in time: The importance of timing in managing business cash flow
[bctt tweet=”#MotherlandMoguls be aware that poor cash flow management could ruin your business” username=”SheLeadsAfrica”] A stitch in time saves nine…whoever said that was right. The saying is a warning against procrastination. Putting off doing important stuff until it is more convenient is never a great strategy in personal life and especially in business. When it […]
Cash is King, don’t ever ignore it
[bctt tweet=”A #MotherlandMogul who underestimates the power of money sets herself up for failure” username=”SheLeadsAfrica”] Phones are ringing, orders are streaming in and your sales department is a beehive of activities. Your business is doing well, the mood is ecstatic. The store person walks to you and breaks unpleasant news, stocks are exhausted. You quickly […]
How to beat the rewards system
As someone who has been working in this crowdfunding space for quite some time, I have had the opportunity to have incredible conversations with people who run crowdfunding platforms and people who run campaigns on crowdfunding platforms. As you can imagine, the information you gain from both sides of the coin, while different, is necessary […]
6 top tips you need to crowd fund well!
When you’re ready to crowd fund, at first, it might seem like a lot of math and very little reward, but that is not always the case. After you read this, you will be one step closer to creating a campaign that will achieve great things. In this article, I will help you pin down […]
May the odds be in your favour, financially
Fans of the Hunger Games series will be familiar with the phrase, “May the odds be ever in your favour”. While most people may understand odds to mean luck, in truth, odds have nothing to do with luck. And not only can they be applied to a game of war, they can also be applied to […]