Оглавление
Thabani Zulu. Risk & reward
Preface
Chapter 1. A purpose bigger than you
The dangers of a quest for immediate gratification
Dining with crowned heads
Bringing God into your business
Chapter 2. Business and risks
The difference between a risk and a crisis
Risk management
A quick look at the business risks
Business risks in detail
Managing the risks
The risk of not managing risks
Chapter 3. Deciding on your business
Your personal aspirations
Competition
Barriers to entry
Touching base with those in business
Am I fit for business?
Chapter 4. Building a business model
A model of your business
Your product/service
Your market/customers
Your competition
The environment
Your management
Chapter 5. Choosing your partners
Can you make it on your own?
Can you afford not to have a partner?
Partnership versus employment
Choosing a partner
Forms of ownership
A sole proprietorship
A partnership
A close corporation (CC)
A company
Chapter 6. Financing your business
Equity financing
Debt financing
What are the considerations with debt finance?
The financing institutions
What types of finance are available?
Some tips about financing your business
Chapter 7. Buying an existing business
Does buying an existing business make sense?
What must you know before you buy?
The financial statements
Attaching a value to the business
Book value
Multiple earnings
Discounted cash flows
A few words of advice
Chapter 8. Drawing up a business plan
What is a business plan?
Uses of a business plan
Putting a business plan together
Basic elements of a business plan
Detail of the business plan
A final word on the business plan
Chapter 9. Drawing up a budget
What is a budget?
What if there is no budget?
How do you put a budget together?
Management of the budget
Chapter 10. Product costing
Cost accumulation
Cost allocation to product
Setting a price for your product
Price and competition
Pricing for two or more products
Manufacturing businesses
Service businesses
Problems with costing
Chapter 11. Marketing your business
Attracting customers
Retaining your customer base
Marketing
Segmentation analysis
Customer service
Chapter 12. Employing people
South African employment legislation
Appointment
Benefits and deductions
Engaging employees
Retention
Termination
Contract workers
Chapter 13. Financial administration
What is financial administration?
Transactions
Flow of transactions through the accounting system
Accounting packages
Chapter 14. Managing suppliers
Assessing your suppliers
Developing a comprehensive supply strategy
Negotiating with the suppliers
Chapter 15. Managing taxes
Why taxation?
The South African tax system
Income tax
Deductions and allowances
Value-added tax
Turnover tax
Employees’ tax
Skills Development Levy
A final word
Appendix: Repayment Calculator
