Over the past few weeks, we've had several emails from SMME owners about how to bring their accounting and financial information up to date. This has primarily been driven by the requirement for updated financial information when applying for funding or COVID-19 relief schemes. In addition to working with these clients to update their accounting records, we highlighted the five tips below to assist them going forward. We hope you find it useful! 1. Be organised One area where

In the current environment, everyone is talking about how business models need to evolve. Several companies recognise that they need to make changes to their existing model, however, do not have a framework or structure for how to think through their existing business model and how this could be changed. The article below describes a business model in more detail and provides a framework for thinking through the different elements of your business model. In summary, a descrip

The importance of innovation and creativity in organisations is an area we have been exploring over the past few months as part of my MBA. It is essential for organisations to consider their innovation strategy and what structures are in place for innovation, especially given the times we are living in. As we have seen with several organisations over the past two months, business models will need to evolve to survive. This is important in the current environment, but equally