People have been trading for centuries. The principle is simple: one cannot take a product or service without paying for it.
Conventionally, to receive your payments, you’d have to have your staff members manually send invoices to individual clients, check to see whether payments have been received, follow up on payments that haven’t been received, and then organise all
For every person that advises business owners to set up a cash reserve, there is another that instead recommends an investment with a high interest earning potential.
As a personal trainer who also owns and manages three small gyms in Pretoria I’ve got pretty hectic life, so I need all the help I can get to keep my business running smoothly.
We operate on tight margins and are always looking for ways to cut unnecessary expenses. One cost we took great delight in cutting back was our monthly bank charges.