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Managing for Profit

Managing for Profit
My parents’ relative lack of financial literacy was passed on to me, and had a negative effect on me. Make sure that you and your family don’t make the same...
There are only 80 words you need to know to be able to converse intelligently with your accountant. Learn them.
Accountants don’t need ‘agricultural literacy’ to be successful, but no farmer ever made it without being financially literate.
These two fundamental accounting concepts can be difficult to conceptualise. But if they are understood as ‘non-cash items’, they make far more sense.
Luca Paciola uncovered the secrets of double-entry bookkeeping in 1495. Four centuries later, the penny finally dropped for me!
In this article, our quest for financial literacy takes us to Venice in Italy and a very clever monk - Luca Pacioli.
Business performance is measured with accounting scorecards. If you don’t understand them, give up all hope of ever becoming a great manager.
Government spending on research is decreasing. It’s up to South Africa’s farmers to stay at the cutting edge. They’ve done it before and can do it again!
Gone are the days you can expect government to do the basic research to keep you in business.
The degree of trust your stakeholders have in you and your business will determine whether you succeed or fail.
Building a safe working environment is not a job for amateurs. Do it properly and watch your profits rise.
In the early, dark days of HIV/AIDS, we used to talk about it in whispers, and pretend it didn't exist. That’s all in the past. Today, you can fight it...

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