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Money and Finance

Money and Finance (8)

06 Aug, 2015
13408 times

What do you do when the taxman knocks on your door?

Often, it’s too late to do anything…

When it comes to keeping your tax records with the Kenya Revenue Authority (KRA) up to date, being proactive rather than reactive is normally the difference between smooth business operations and receiving that dreaded knock on your door or tax demand notice that could be responsible for several sleepless nights.

15 May, 2015
5797 times

The Real Bottom Line - Profit

Most salespeople do not see beyond the invoice they have produced! When coaching sales teams we often hear:

“I just closed $20,000 worth of sales this month but my salary still remains unchanged.”

15 Apr, 2015
28109 times

Cash Flow is King

Companies go bankrupt because of a lack of cash to meet ­critical ­obligations, not because of a lack of profits. You can run the most ­profitable firm in the market and still go out of business because you ­cannot pay salaries or rent! You have invoiced enough revenues to probably buy a brand new house, but your client will only pay you a few months from today.

15 Mar, 2015
21387 times

Cannibalising Your Own Customer Base

In traditional environments where commission schemes are based on ­revenues, salespeople have only goal: “Selling at all costs”. When salespeople are “desperate”, they find a number of unprofessional ways to close the sale.

15 Feb, 2015
37381 times

One day you might sell your business

One day you might sell your business! Question is; can your business survive without you? If your answer is NO, then you have nothing to sell.

Your expensive office does not pay for your salaries, you do. Prioritise your costs! #farhanqureshi #paysalariesfirst http://t.co/7wrUVn4uyb
Work hard all the time to make your clients happy! #farhanqureshi #workinghard #crossingthets http://t.co/hPdUetnFzK
Without systems and structures you will not be able to sell your business one day #farhanqureshi #sellingyourbusiness http://t.co/ILY59HqLsc
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3rd Floor, Woodvale Place, Woodvale Grove, Westlands - Nairobi, Kenya

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