The Vital Role of SMEs in South Africa’s Economy
Small and Medium-sized Enterprises (SMEs) play a crucial and indispensable role in driving economic growth and development in South Africa. These enterprises, often referred to as the backbone of the economy, contribute significantly to job creation, innovation, and overall prosperity. In this article, we will delve into how SMEs in South Africa are a boon […]
Alternative Financing Options to Safeguard Your Business
Cash flow is the lifeblood of any business. Maintaining a healthy cash flow is crucial for sustained operations and growth. However, unforeseen circumstances and economic fluctuations can sometimes lead to cash flow challenges. In such situations, it’s vital for businesses to explore alternative financing options to protect themselves and overcome cash flow issues. At Bizcash, […]
Prepare your business cash flow for the festive season
If you look forward to a festive bumper season, you should get your business cash flow as liquid as you can now. Retail and online businesses start the holiday season with discounts on old stock to fill their shelves with new stock for the holiday season. Historically, Black Friday is a day that follows Thanksgiving […]
Cash flow issues? Here are some tips on how to get your business back on track
The most critical failure in a business that sinks small companies is cash flow. For example, paying Vat before your invoices from clients are paid is just one element of running a business. In South Africa, significant issues can affect your business cash flow. Managing your supply and payments before you have been paid for […]
Don’t wait too long to seek finance for your SME
One of the biggest mistakes small businesses make is waiting too long to apply for additional finance for their business or operation. Staying on top of your cash flow is an essential part of running the business successfully and critcal in growing the company. If you wait until you really need the money, you can […]
Advantages of Invoice Discounting
Careful management of the cash in your business can be the difference between survival or shutting down permanently.
8 Easy Ways to Secure Your Business Cash Flow
On Day Zero, Cape Town’s taps will be turned off and Mother City residents will begin queuing for their H20 at 200 collection sites across the city. It’s a nightmare scenario, something you see happening in a dystopic disaster movie set in the year 2148. The truth is, businesses everywhere are engaged in a constant […]
How Bizcash is helping one of SA’s leading coal traders take his business to the next level.
“Bizcash offer a fantastic service, it’s fast, convenient and far more advanced than any other finance facility I know of. They have helped our business enormously.” Jonathan Erskine has been trading commodities for more than 25 years. In Hong Kong, China, and the UK, he has traded everything from clothing to computers, cellphones to scrap […]
Invoice Discounting vs Factoring: What you need to know
Sometimes an unsual paradox arises in business. You may need to raise cash precisely because your business is productive. For example, you’ve just delivered a major order of your product, when another big order comes in. You accept it, of course, but you require capital to fulfill the new order. The problem is, payment from your first […]
Business Loan Options for the Modern Era
One of the most startling recent developments in the world of international finance has been the rise of Alternative Finance. Worldwide, banks are being left in the dust as a new breed of agile lenders with flexible, bespoke solutions, digital, fully automated platforms, and far lower barriers to entry bring finance to businesses formerly excluded from […]
Understanding Cash Flow To Ensure Your Business’s Financial Health
Cash flow is the lifeblood of your business. Primarily, it comes from customers or clients buying your products or services, but can also come from loans, investor capital, or interest accrued on savings and investments. But cash isn’t just there to make your bank account look more respectable; it’s a crucial component in the growth […]
The 5 Most Common Causes of Business Cash Flow Problems
Cash is like water. Just like your body needs water every day to survive, your business needs cash to stay afloat. Most business owners are good at selling their services or pushing product, but are less effective at controlling their cashflow. Your business might be profitable on paper, but if the cash isn’t flowing in […]
