SMEs who are feeling the pinch often mistakenly believe they have very few options to free up cash flow in tough economic conditions. Businesses often overlook the potential of improving their operational efficiency to cut costs and improve cash flow in their business. Jesse Weinberg, Head of the SME Customer Segment at FNB Business, says the beginning of the year is often a good time for businesses, regardless of size, to review their cost saving initiatives to determine areas for … [Read more...] about SMEs can free up cash flow by cutting costs
Jesse Weinberg
I Am An Entrepreneur
FNB has partnered with I AM AN ENTREPRENEUR to continue its direct engagement with aspiring entrepreneurs through entrepreneurial summits that are being hosted in select provinces across the country. “The I AM AN ENTREPRENEUR platform seeks to galvanise and promote entrepreneurship by enabling access to information to unlock business growth. Far too many aspiring entrepreneurs believe that all they really need is funding but the truth is, it’s far more than that. You need skills in marketing, … [Read more...] about I Am An Entrepreneur
What SME’s need to be thinking about in 2018
In 2018, small-to-medium-sized enterprises (SME’s) will be looking for a glimpse of inspiration to chart a new growth path and scale their businesses. This is off the back of a tough 2017 and previous years which have inhibited the growth of local SMEs. Jesse Weinberg, Head of the SME Customer Segment at FNB Business says “Small business success becomes a monumental task when there’s arguably very little to no real economic growth overall. However every challenge presents an opportunity, and … [Read more...] about What SME’s need to be thinking about in 2018
How to cash-in on Black Friday and Cyber Monday
Provided that SMEs prepare ahead of Black Friday and Cyber Monday, there is an opportunity to leverage off the global hype, where some simple alignment to the theme can result in big benefit without much investment into promotion. In the midst of low consumer and business confidence, tapping into the opportunities presented by these two days could contribute significantly to boosting the cashflow of SMEs. “To benefit from Black Friday and Cyber Monday, the two big focus points would be the … [Read more...] about How to cash-in on Black Friday and Cyber Monday
