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How to collect debts (and keep your customers)

Ensure healthy cash flow as well as long-term loyalty. Debt collection is a painful but necessary function. And while slow-paying customers place enormous pressure on your cash flow, you stand a very real chance of losing them as customers forever if you, or your accounts team, handle the matter badly. (more…)

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Mind the entrepreneurial gender gap

According to the latest WEF gender gap report, while all world regions record a narrower overall gender gap than they did 11 years ago, South Africa has slipped backwards, falling from 18th place in 2006 to 19th in 2017. On the score of Economic participation and opportunity, the country has slipped ten places from 79th to 89th. “This should […]

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Franchising in tough times

Guide your business through a recession

In any recession, operational expenses are the first thing that needs attention as businesses go into survival mode, however while curbing unnecessary expenditure is important, business owners need to balance this with tactics that enable them to grow and thrive on the upside. By being strategic and targeted on what you cut back and what you […]

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