Off The Beaten Track

entrepreneurship

Budgeting and your small business: Identifying objectives and managing performance

August 13, 2015 // 0 Comments

Budgeting is the bane of the business world. Despite the challenge of putting a budget together for your business and the pain of classifying costs, allocating spending and getting your paperwork in order, budgeting is beneficial for a business. Different organisations use budgets for different purposes, yet their function is more or less the same: a budget is sort of a guideline for organisations to be able to measure performance. A budget can help you identify challenges and solutions to [...]

Piggie Bookshelf: How to Build a Billion Dollar App by George Berkowski

June 25, 2015 // 0 Comments

We live in a time where most of anything we do, be it communication, banking, or hailing a cab, is done on our cell phones. We cannot deny the huge impact apps have on our daily lives. How to Build a Billion dollar app might seem like a bit of a stretch but do don’t discount this fantastic book. George Berkowski divides this book into two parts to help you through the process. Part 1: Dream big – This is obviously the most important part. You can’t be afraid to dream bid and [...]

Piggie Bookshelf: Starting Your Own Business in South Africa

June 11, 2015 // 0 Comments

Starting your own business can be scary. It’s a leap of faith, going your idea and turning it into a tangible and prifitable business entity. More and more people are turning to entrepreneurship as technology and the internet, among other things, makes it fairly easy to start a business. Whether it’s by providing you with information regarding the industry you want to venture into or a platform, the power of the internet in revolutionising the way we conduct business cannot be [...]

For Small Business Owners: Guidelines for setting up a budget for your business

June 9, 2015 // 1 Comment

A lot of the time starting a business and getting your name out there is so important that simple things like managing your expenses and keeping a close eye on your cash flow fall by the wayside. The phrase ‘cash is king’ is relevant for a reason. Money is the the lifeblood of your business so you need to always make sure that it keeps flowing, and it flows in a healthy way. We won’t go into the gory details of accounting and cash-flow statements just yet but we’ll share [...]