Clothing & Footwear Importer & Distributor
IT Distributor in JHB
IT Distributor in JHB Challenge faced Lack of visibility regarding GP% – could only see GP% 3 weeks after month end Average GP% sitting on 9.1% on sales of R5 billion Inability to rank product categories and customers based on a combination of profitability (GP%) and cash flow use (net working capital days) Too much […]
Printing Manufacturer in KZN
Printing manufacturer in KZN Challenge faced Significant cash flow challenges due to poor management of stock and debtors Debtors’ days: 33 days Debtors > 90 days: R381k Stock days: 58 days Unpaid rent amounting to R2.3m (15 months in arrears) Monthly management reports completed 4 months after month end Results Within 6 months: Cash improved […]
Sales: The Lifeblood of Your Business
Sales: The Lifeblood of Your Business Sales are the lifeblood of any business, much like how blood carries oxygen to the body’s vital organs. Without a steady flow of revenue, your organization will struggle to grow, make payroll, or even cover its expenses. Much like a body that cannot survive without circulation, a business cannot […]
Break-Even Analysis: A Tool to Unlock Business Profitability
Break-Even Analysis: A Tool to Unlock Business Profitability In the fast-paced world of business, understanding your business drivers is essential to ensure success and long term sustainability. One of the simplest and most useful tools at your disposal is the break-even analysis. Conducting a break-even analysis on your business helps you understand your business much […]