by Amogelang Nawa | Apr 1, 2020 | Gamers Reflections
Madimetja: ”secondly, the statement of changes in equity, with this one you will see how the equity of your business has changed from one financial year to the other. Remember equity reflects the book value of your business and another way to determine...
by Amogelang Nawa | Mar 30, 2020 | Gamers Reflections
Sipho: ”awsome, I am gonna start my daily cash flow budget tomorrow, I need to set goals and hold myself accountable to achieving them so that I can grow my business”Madimetja: ”let me know should you be stuck”Empower yourself, grow your...
by Amogelang Nawa | Mar 28, 2020 | Gamers Reflections
Sipho: ”alright, I get you but how will a cashflow statement help me? Madimetja:”Great question, to manage your business on a day to day basis I would advise that you prepare daily cash flow projections. This will help with setting targets and then...
by Amogelang Nawa | Mar 26, 2020 | Gamers Reflections
Madimetja: ”Lets start with the cash flow statement, this statement reports on the cash inflows and outflows of the business for financial year. Simply put, the statement explains the change in your bank balance of the beginning of the year and that of the end...
by Amogelang Nawa | Mar 24, 2020 | Gamers Reflections
Sipho: ” heita Madi, right tell me what is the purpose of the three statements you mentioned over the phone. Madimetja: ”Hello Sipho, great, I like your question. It goes to show that your financials are not a tickbox exercise to you”Empower...
by Amogelang Nawa | Mar 21, 2020 | Gamers Reflections
Madimetja: we can meet at 17:00 today, mm… , you are unlike my other clients, most entrepreneurs are not interested in their financials. You on the other hand are even preparing them yourself. I guarantee you, your business will do well. Sipho:”I...
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