The operating cycle is the measure of the time it takes a business to get paid for a product or service after it receives the inventory or order for it.
How long is your Operating Cycle?
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Finance Articles
To be successful in business, leaders need to focus on value creation
The question in the minds of the consumers is, “Does this product or service benefit me?” and most importantly, “Is the company I’m purchasing from providing me with good value?”.
Create a growth map as the business plan that beats the competition
In order to follow up on the assessment, that was explained in the previous article "How are you spending your time in lockdown?", it is an opportune moment to plan the journey for your business with a growth map that beats the competition. The first step is obviously...
Could business rescue save you during the coronavirus lockdown?
Many businesses are going to be unable to survive the lock down caused by the CORONAVIRUS (COVOID-19) pandemic. Business rescue could save you from dying. MDR Solutions helps provide some clarity on the matter.
Is your business able to remain open during the Coronavirus lockdown in SA? See if you are on the list.
On Monday, 23 March 2020, President Cyril Ramaphosa announced a 21-day countrywide lock down which exempts only a few critical services and businesses from closing their doors. See if you are on the list.
PART 1 – How to read a Balance Sheet like a novel and take control of your journey
In this series, I will use a real case study to teach you how to interpret and analyse a balance sheet and what steps MDR Solutions developed and implemented for improving one of our customers businesses. The Balance Sheet is a financial document...
Is retrenchment your last resort? There may be a better (and cheaper) alternative.
For those businesses that wish to avoid the devastating effects of retrenchment and have potential sustainability and viability in the near future, there is a job-saving option offered by the CCMA called the TRAINING LAYOFF SCHEME.
Are “trusted” employees stealing from work?
It is a scary reality that your “trusted” employees might be stealing from work. In our many years of working with companies, we have some shocking stories.