New In Business? Start As You Mean To Go On

September 2013

When you’re starting a new business, it’s so important to get into good financial habits from the very beginning. Let’s get a good understanding of why…

Are you one of those entrepreneurs who like to imagine making your first million? There’s nothing wrong with that. Money is a perfectly valid motivator and very few people start a business with the aim of not making any. Of course your first million starts with your first R10 profit, then your first R100 and so on. Here’s the thing – if you’re not managing your financial situation, how do you know that your first R10 profit is actually profit?

It is our firm belief that if you want to get to your first big financial milestone, you’ve got to learn how to manage that first small steps too. True entrepreneurs – those who will build successful big businesses from start-up phase – understand this. They may not be good at the financials, but they know that they have to take care of them. And Pastel My Business Online is just the tool to get them on the right path.

Whilst the program gives you all the important accounting tools, it does so in such a way that you don’t need to be an accountant to use it. Think of it as accounting with training wheels. It lets you track your money and start learning how to recognise when something is costing more than it ought or not making any money at all. Then you’ll know where to make adjustments to get yourself back on track or, equally important, put yourself on another track altogether.
If you start out right, you will get to a stage where you have finance professionals in a finance department using sophisticated finance management tools. We guarantee you this: you will never ever regret understanding what they are doing with what is, after all, your money.