The basic formula for running a business is
to make good on the RIO or Return On Investment. This is a simple calculation
done by most business owners and investors. ROI = (net profit before tax / capital
and reserves) X 100. Simply put, how much money did I make from the money I put
in, expressed as a percentage. It is important to monitor this periodically so
that you see your investment grow and your cash flow stay positive.
We came across another formula, ROE or
Return On Ego, this week....
According to our Financial guru and
Associate Clive Bydawell, 79% of South Africans are under constant financial
pressure. Well to state the obvious, thanks Clive, but there is more that he
has to say. Clive is offering a chance to get out and become one of the 21%.
No this is not just a get rich scam or MLM
programme using Twitter and email to generate leads.
Clive has started an online financial literacy
course that is delivered through online videos that will give you some insight,
The Entrepreneur Incubator and Academy is a registered company in South Africa with a focus on developing Business Coaches in the Western Cape around Cape Town, but able to assist, coach, mentor and education entrepreneurs the world over
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