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Showing posts with the label days inventory on-hand

Maximise Working Capital and Build on Retail Momentum

When it comes to working capital, every rand is a soldier. Meaning that every cent you spend needs to go to battle for you and work as hard as it possibly can. Dov Girnun, founder and CEO of alternative finance provider, Merchant Capital, says that many small businesses are changing their day-to-day behaviours in order to leverage working capital effectively across their business, making them top performers in their respective industries. “Putting some fundamentals in place gives your company the best chance of unlocking the most working capital, but it also requires discipline and implementing behavioural change at a company culture level.” SA retail sales jump 95.8% in April Stats SA reports that South Africa's retail trade sales retail trade sales increased by 95.8% year on year in April 2021... 17 Jun 2021 Below, Girnun outlines the four key strategies that can help your business maximise working capital and make the most of this ripe retail trajectory. 1. Inv...