Startup going off the rails? Here are 5 basic things you can do to get back on track

Last year was a challenging one for South African businesses and there are few signs that 2015 will be much easier. However, get the basics right and your business will be in a good position to survive and even thrive this year. Here are five fundamentals that can help you to succeed in growing your business during 2015.

1. Get your admin sorted

Most small business owners dislike doing admin because it’s a distraction from selling, serving customers and growing the business. But it is essential to be on top of your paperwork to meet the demands of SARS, the Department of Labour, and other government bodies, as well as to ensure that your cash flow stays healthy. Not to mention pitching to VCs.

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