All posts in the Uncategorized category

WHAT IS A ZOMBIE COMPANY?

Zombie companies are businesses that, although generating cash, are unable to attract enough investment to start paying off their debts. After covering running costs, fixed costs (wages, rates, rent) they only have enough funds left to pay off the...

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Personal Debt Snap Shot

R3, one of our recognised professional bodies, recently undertook a survey on personal debt matters.  Here are their key findings: More than 40% of the population is struggling to payday as a result of the rising cost of living and half of the...

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10 “Business fit gym tips”

1.  Management Information  Ensure you have some and that you understand what it means.  At the very least ensure that you know what cash you have in the bank, your debtors and your creditors at any point in time.   Employ a bookkeeper if...

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