Tag Archives: Business

Practical Tips on Cash Flow

“Never take your eyes off cash flow because it’s the life-blood of business” (Richard Branson) The Companies Act is underpinned by the assumption of liquidity and solvency – directors and owners are mandated to ensure the business can meet all … Continue reading

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Directors: The Steinhoff Debacle Highlights Your Exposure to Personal Liability

The “new” Companies Act of 2008 promised to place greater accountability and liability burdens on directors. This was in response to directors being given greater powers in the Act. Importantly, the Act does not distinguish between non-executive and executive directors.    … Continue reading

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How to Grow Your Small Business Rapidly with Digitalisation

“Digitalisation – the use of digital technologies to change a business model and provide new revenue and value-producing opportunities” (Gartner Glossary) Surveys show that small to medium-sized businesses (SMEs) are not fully aware of the potential that technology and digitalisation offers … Continue reading

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Make Sure You Have a Shareholders’ Agreement

A well-known attorney recently said he is constantly surprised by the number of shareholder disputes that could be quickly resolved if there was a shareholder agreement. The importance of shareholder agreements Human nature is fickle and a few years after … Continue reading

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Middle Managers – They’re Vital to Your Success!

“The conductor of an orchestra doesn’t make a sound. He depends, for his power, on his ability to make other people powerful” (Benjamin Zander, Conductor and author of “The Art of Possibility”) It is generally accepted that the most successful … Continue reading

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You Need Independent Directors, not Herd Mentality

“Here’s to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently.” (Steve Jobs when he was reinstated as CEO of Apple)  The Companies Act tasks directors to … Continue reading

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Developing Your Senior Staff: Let Them Run Meetings

One underrated but important aspect of an organisation is its ability to run effective meetings. Problems are identified and strategies are put in place to chart a successful way into the future. In smaller businesses invariably the most senior person … Continue reading

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Litigation Funding: An Affordable Way of Accessing Justice

In the life-span of a business, there will almost certainly be a protracted legal process. To a small or medium-sized business, this can prove ruinous as legal costs can be prohibitive. Current solutions You can sell your claim but the … Continue reading

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In 2017 There’s No Place for Hedgehogs When Forecasting

“A fox knows many things, but a hedgehog one important thing” (Ancient Greek poet Archilochus) Looking into the future is one of the most important aspects of business. We all want to know the business is sustainable and so we do budgets and strategic … Continue reading

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Directors Don’t Like Goodbyes

“Parting is such sweet sorrow” (Shakespeare) One of the predicted negatives from the Companies Act (the Act) and the King Codes was it would be difficult to find directors. The Act and King Codes put extensive liabilities on directors, encouraged … Continue reading

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