Budgeting essentials for small business
A budget is a bridge between financial goals and day-to-day operations. Establishing this link begins with setting clear objectives and gathering reliable data.
Insights
Implementing sustainability in Small business
For small and medium-sized enterprises (SMEs), sustainability is no longer a distant ideal or a concern reserved for large corporations. It has become a practical necessity for long-term growth, competitiveness, …
Investment Decision in Small Business
At its core, an investment decision is more than a financial transaction. It is a well-planned, strategic allocation of capital and other vital resources like a team’s expertise and business’s physical space. The ultimate goal is to achieve specific business objectives and, crucially, to generate a return on that investment.
Promoting Quality Mindset in Small business
Quality is about meeting customer expectations consistently. It involves streamlining operations to make processes smoother.
Essential team concepts & dynamics
Teams require clear roles and processes synchronized with organizational strategy to minimize conflict. This is vital for SMEs navigating competitive pressures.
Strategic thinking in Small & Micro Business
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Overcoming micromanagement
Organizational-level stressors (e.g., low autonomy, high demands) mirror job-level stress, linking bureaucratic control to reduced well-being. Entrepreneurs micromanage due to ownership stakes.
Business Model Canvas: Ajoje Lolaye Bakery case study
The Business Model Canvas is a visual tool that helps understand, design, and improve how a business works. It is like a one-page blueprint that shows the key parts of a business and how they fit together.
Understanding EBITDA vs. Operating Cash Flow
EBITDA and Operating Cash Flow are both valuable metrics that provide insights into a company’s financial performance, but they serve different purposes. EBITDA focuses on operating profitability, excluding non-cash and financing-related factors, while OCF gives a more comprehensive view of a company’s cash-generating abilities.
Career anchors – post Covid
The seismic shifts of the pandemic have left many questioning their career paths. The once-familiar landscape of work has transformed, demanding agility, resilience, and a renewed understanding of individuals’ core values. Career anchors are deeply held motivations that guide an individual’s professional journey, even amidst turbulent times.