business planning

Coping with Uncertainty – Strategy & Scenario Planning

Coping with Uncertainty – Strategy & Scenario Planning

Life is uncertain and yet we manage, usually with optimism. However, when it comes to business, our attitude is different. We want security for our business without political and economic turbulence but this has never been the case – either markets, politics or the competition has nasty surprises in store.…

How to manage your Working Capital

How to manage your Working Capital

What is working capital? Simply put, its the cash required by a business to pay its suppliers, expenses and staff. It goes in a cycle as shown in the illustration above. When you start a business, it will take some time to start making profits and you will need sufficient…