Matsobanemetja Business Consulting Pty Ltd

Why you should set rules & regulations in your Business for all your clients.

Like every household, a company must have sets of rules and regulations for their clients, to use them as a guideline and help in controlling your business.
In business you are going to deal with people from different backgrounds and with different expectations which you will need to accommodate.
Therefore you really need to have certain rules that will help deal with this clients and also help to ensure that all your clients are treated fairly and equally.
If you will be just going with the flow of your clients,  many clients will take advantage of you which will kill your business in the long run.
Here are just three reasons why you should consider setting this rules:

1. To manage effectively your Company Cashflow
As I have mentioned that you will be dealing with people from different backgrounds, some will not be able to pay cash immediately and ask for you to offer your services or products on credit in hope of paying later. It will not be wise to chase them away but you should be wise and accommodate them, because this is also money in the business,  though not immediately but later, you therefore need to have your payment terms in place so that they also know and agree when you will expect payment from them.
To be offering credit is better than not having clients at all,  but it is as well risky, hence you need to have this terms in place to be able to control them.
It also helpful to offer this credits because it also creates a long life buying relationship with your clients.
Some clients might say they are interested in your products/ services but cannot afford to pay the whole amount at once,  you are also not to decrease your prices to accommodate them!  You have reasons you charged those prices, if you decrease them and force yourself to be cheaper you are not going to meet the goals you wanted to achieve initially, this will as well kill your business, therefore the only solution will be to offer credits. Payment terms will help to control your Cashflow. Have the terms communicated to your clients, agree upon and sign the contract because some clients just don’t care how non-payment will affect you, that’s why you need to have them in place.This is to make sure you are running your business at your own terms not theirs, as theirs will be unstable. For your business to be running consistently your Cashflow need to be functioning effectively.

2. To avoid favours that will damage your business
Some of your clients will be your friends, family members, or people you generally know. The same rules and regulations that you will have in place will be applied to them, then you know you don’t have to feel bad and lower your charges because of people you have a certain relationship with. It should remain business as usual. Some will want to take advantage of the relationship and try to negotiate the prices just because of the relationship. If you operate your business based on relationships you are killing your business. Business should not be mixed with pleasure. You should be shameless of this, it’s business! Make it a habit that you produce same rules and regulations the minute any individual shows interest in buying your products or services. You are running a business not charity.
A healthy business must generate Profit.

3. It gives a positive (good) image to your business.
It sure does gives a very professional image to be having this set of rules. Some of your clients will be attracted by how you do things, they will have more trust in you, knowing that you have this proper rules written down in black and white and made them sign. It will therefore ensure to them that no party will want to take advantage of the other, what you agreed on will remain that. Your business may get a more favorable attention  if you understand the rules and follow them.

Please do not be bias on your rules, Be firm on them and Stand your ground. When you follow the rules, the company can focus on accomplishing it’s goals.

Run your Biz effectively!

Prepared by Dikeledi Seoloane – On behalf
of Matsobanemetja Business Consulting (Business Coaching)

Why you should set rules & regulations in your Business for your clients.

_______________________

By Miss Dee on behalf of Matsobanemetja Business Consulting

Like us on Facebook: Matsobanemetja Business Consulting

Is it necessary to stress over the Company Name?

Business owners often are confused and stressed out when naming their Companies or Businesses. And I think they shouldn’t. I will tell you why.

Naming a Company should be a personal experience, to me is same as giving a newborn child name, you shouldn’t be worried as to who will be able to pronounce it or not. As long as you understand the roles and the values the name plays in your life.

While others think naming a company should be about what services your business offer so you can easily be accessible. By this only will not grow your business or make it a success. Just because everybody understand what your business name means does not automatically make it great and successful. It is not your name that matters, it is how you position your business in the marketplace and how greatly you serve your customers. Your reputation is built on those two things. And once established, whatever name you have chosen will come synonymous with how you do business – just as it has throughout history.

Let me explain what I meant when I said naming a Company should be a personal experience. Because I think when one decides to start a business they aim to be successful, build an empire or a legacy, therefore you want this legacy to be meaningful to you and be recognised with you by many.
For example my Company name is both my father ‘s (Matsobane) name and mother ‘s (Metja) name combined – Matsobanemetja. I am honouring this two legends of mine, they are both late and I wanted to keep their memories alive. This name motivates me a lot to do great and to perform well because I want to make them proud.

There are many things that build a company but a name only cannot. A great customer service builds a Company, a good marketing strategy builds a company,  etc.  Even our CIPC has recognised that for a Company to be a legal entity is because of the registration number not Company name as we can now register companies without a name. There are many Companies registered with beautiful meanings but are not generating an income!

So rather give your Company a name that is dear to you than to please everyone, regardless of who does and doesn’t understand what it means. If they are buying from you it is not because of the name but how you presented yourself to them.

I once said I want to do great in business to an extent where Chinese will be able to pronounce my Business name.

Build your legacy with the name you understand and love, as long as you offer a good service, meet their demand, they will follow you.

Do it with Pride ♥

whatsinacompanyname

By Miss Dee on behalf of Matsobanemetja Business Consulting

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A good proper Communication is important in Business.
Why?

Communication is mostly not taken serious in business, it has been taken for granted and yet if done properly it will make most of the business life / run easily and effective.

We advertise our businesses using different forms of communication, whether written, verbal, visual, audio, etc it needs to be done in a proper way to make it easy to spread/pass our messages across, without any misunderstanding or misinterpretation. The buyer does not need to guess what exactly we are saying or want to say. Do not confuse the receiver of the message by improper communication.

Most importantly as the face of the company, as the owner, you are responsible for having and teaching a proper communication in your Business. Because the environment you build will be carried out by those you work with or responsible for. When addressing your employees, clients, suppliers, etc you need to do it in a properly manner.

How you communicate with people says a lot more about yourself. If your manner of communication is bad you are more likely to be seen as somebody who lacks respect for themselves and others. It is so much important that some businesses do not achieve their goals as planned because of improper communication.

– A good communicator bring attractions in business, everybody want to do business with, because it is so much easier and pleasant.
– A good communicator helps in resolving issues amongst others, you are fair in your decision making and become a good listener. You will help reduce conflicts in your Company.
– A good communicator creates a very good, healthy and friendly work environment. Your employees will not have a hard time communicating with you the issues or problems they encounter in their job and they won’t have a problem to be at work too. This is very important. A happy employee is equal to more happy clients and more clients is more money and business growth.

If you are serious about your brand, you will regard a proper communication as the most important tool in your business.

How you approach people has both the advantages and disadvantages, make sure you have more advantages.

Owners often take workplace communication for granted, which results in many companies where employees rarely talk to each other or their superiors. If a business is to be successful, a productive workplace environment must exist.

Using effective communication will help you understand other people better and when you understand them, you will relate to them better. When you relate better, people will like you better.

the importance of proper communication in business

By Miss Dee on behalf of Matsobanemetja Business Consulting

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Reasons you would want a business coach in your Business – Part 2

Business Coaching? Yes!

Do you want to be a great performer? Then it’s time to find the right Business Coach for you.
As the world of business moves faster and gets more competitive it is difficult to keep up with both the changes in your industry as well as the innovations in sales, marketing and management strategies. Having a Business Coach isn’t a luxury you don’t need, it is a necessity your business must have.

Accountability is one of the greatest strengths of working with a Business Coach. Remember, it’s difficult to get a truly objective answer from yourself about your business, but your Business Coach will always tell you the truth, even if you don’t want to hear it.
A Business Coach with thorough investigation and analysis can provide a valuable insight.
A Business Coach will help you develop long-term and short term goals and strategies, as well as improve your business in areas
that you might have overlooked. You may be able to survive in business without the help of a Coach, but it’s almost impossible to thrive…

See why》》》》》》》

1. A Coach can help you see the forest for the trees.
2. A Coach will make you focus on the game and your long-term strategies.
3. A Coach will make you run more laps while making each round easier and more efficient.
4. A Coach will tell it like it is.
5. A Coach will give you small pointers based on experience.
6. A Coach will listen.
7. A Coach will help you develop long-term plans that will allow your business to function more efficiently and make more profit.
8. A Coach will be your marketing manager, your sales director, your training coordinator, your partner, your confidant, your business mentor, your best friend and will make your dream come true.

Need help? Do you want your company to grow and competitive?
Allow Matsobanemetja Business Consulting to come to your rescue, We are the Company that understand that your Business Growth is Ours.

Contact us:
Cell : 0828280754 / 0848961752
Email : d.seoloane@gmail.com
Watsapp : 0828280754
Facebook : Matsobanemetja Business Consulting
________________________________________________________

Create beautiful memories, Make 2015 the year to remember.

Touch let’s Go!

http://Why you need a Business Coach in your Business Part 2

By Miss Dee on behalf of Matsobanemetja Business Consulting

Like us on Facebook: Matsobanemetja Business Consulting

Reasons why you should consider having a Business Coach in your Business – Part 1

1. BUSINESS COACHES
CAN SHOW YOU HOW TO GET MORE
RETURNS WITH LESS WORK.
You’re working too many hours and pretty sure that if
you left for a vacation or holiday, things wouldn’t
operate anywhere near as effectively as they do now,
put another way, you’re ready to work a whole lot less Whatever you call it, small business coaching,
executive coaching or just plain old business
mentoring,
turned the old business consulting model into business
coaching and executive coaching, a far more powerful,
profitable and more affordable way for you as a
business owner or as an executive to get the help and
mentoring to grow your company.
Business coaches assist you in working smart as opposed to working hard and getting the result very late,  because they are able to show you direction.

2. BUSINESS COACHING
CREATES MORE PROFITS.
You’re ready to make a whole lot more profit if
you’re not making anywhere near enough money to
justify the effort, risk and investment you’re making in
the business, it’s time to turn that around, Business Coaches will be able to help coach you in
sales, marketing, advertising, profit growth, business
systems, time management and team building
strategies to literally jump your revenues in a matter of
months and unlike a business consultant who does
the work for you, a business coach will teach you how,
while an executive coach will work with your company
to get the results your executives need.

3. A BUSINESS COACH WILL
HELP YOU DEVELOP YOUR TEAM.
You’re ready to build or develop a team of people that
can grow the business whether you’re there or not,
recruiting, training and keeping the best people makes
your life so much easier, From our team training
programs to our ever so powerful recruitment systems,
building a team of motivated, passionate performers is
all part of the program that we business coaches and
executive coaches will help you implement.

4. A BUSINESS COACH WILL
HELP YOU REDISCOVER YOUR
PASSION.
You need to fall in love with your business again, it’s
gotten boring and at times you even feel sick of it all
time for a re-injection of that vision and passion you
had when you first started. Motivation is at the core
of everything your Business Coach will take you
through. Building either a simple business plan or
marketing plan will give you the clarity on not only
what needs doing, but how to do it. Whether you work
from home, are just starting, or run a multi-million
dollar organization a Business Coach is one of the
fastest ways to a better business and a better lifestyle

5. A BUSINESS COACH WILL
HELP YOU NAVIGATE CHANGES
IN THE ECONOMY AND YOUR
MARKET.
You know that to grow you need to be learning more,
but you don’t even have time to keep up with your
industry changes let alone the changes in global
business and how to improve it all. Business
education has moved into a new realm, with business
mentoring and business coaching taking over from
traditional consulting, books and seminars so you get
the right information at the right time. Think of it as an
entrepreneurial degree using your company as a case
study

6. BUSINESS COACHES
CREATE ACCOUNTABILITY.
You need a Business Coach, a business mentor to hold
you accountable, to demand a profit, to demand
results, someone to push you, cajole you and hopefully
more often than the rest, congratulate you on a job
well done, Being an owner can be a lonely job, having
a sounding board, a business mentor and coach, a
friend to talk with you and provide expert coaching,
helping you to solve your problems and turn them into
opportunities. Creating opportunities is just a small
part of what our business coaches do, but often it can
be the most valuable

7. BUSINESS COACHING
PROVIDES A SECOND EXPERT
OPINION.
Running your own company like any
part of life, often you need a business mentor to see
the simplest of things to help you in areas such as
sales coaching. Often business mentors will ask the
tough questions so that you’re on track … Join the
thousands of other owners and executives around the
world, who have implemented business coaching. Take
the step before your competition does.

Need help? Do you want your company to grow and competitive?
Allow Matsobanemetja Business Consulting to come to your rescue, We are the Company that understand that your Business Growth is Ours.

Contact us:
Cell : 0828280754 / 0848961752
Email : d.seoloane@gmail.com
Watsapp : 0828280754
Facebook : Matsobanemetja Business Consulting
________________________________________________________

Create beautiful memories, Make 2015 the year to remember.

Touch let’s Go!

http://Why you need a Business Coach in your Business Part 1

By Miss Dee on behalf of Matsobanemetja Business Consulting

Like us on Facebook: Matsobanemetja Business Consulting

Business/Company/Entrepreneur

This three words above I think are being used and attached to anyone who feels like it nowadays. In my few minutes in business I work closely with people from different aspects of life. Some are Business Owners, Entrepreneurs and some I really don’t know how to identify them, yet they call themselves the three titles I am talking about in the article.

You registered your “Business” in 2012, CIPC have issued you with the necessary paperwork to operate your business, it is 2015 and the only thing that you have to prove that you are a business owner is those papers, do you still identify yourself as a business owner? Are you still confident in calling those papers your company?
You constantly and religiously attend Business seminars, does this qualifies you an entrepreneur? I truly thinks this titles are unfairly used an inaccurately so.

Definition of a Business:
An organisation or economic system where goods and services are exchanged for one another or for money. Every business requires some forms of investment and enough customers to whom it’s output can be sold on a consistent basis in order to make a profit.
This simply means- A Business is one that involves transactions, customers, suppliers, revenues, sales, goods or services, expenses, etc. A business evolves consistently. Without all this happening you can’t just call you CIPC docs a business.

Don’t get me wrong, I am not against registering your entities, but I just wish the masses would understand what exactly a Business is. Registering a business is the formality and just the beginning, there is whole lot that need to be done after that first step.
Attending business seminars is to assist us in dealing with certain aspects in business or how to start or learn from those who already made it. And that cannot make you an entrepreneur. You need to work hard. This titles demand action. A lot of it.

The following are Features of a Business:

1. Exchange of goods and services
All business activities are directly or indirectly concerned with the exchange of goods or services for money or money’s worth.

2. Deals in numerous transactions
In business, the exchange of goods and services is a regular feature. A businessman regularly deals in a number of transactions and not just
one or two transactions.

3. Profit is the main Objective
The business is carried on with the intention of earning a profit. The profit is a reward for the services of a businessman.

4. Business skills for economic success
Anyone cannot run a business. To be a good businessman, one needs to have good business qualities and skills. A businessman needs experience and skill to run a business.

5. Risks and Uncertainties
Business is subject to risks and uncertainties. Some risks, such as risks of loss due to fire and theft can be insured. There are also uncertainties, such as loss due to change in demand or fall in price cannot be insured and must be borne by the businessman.

6. Buyer and Seller
Every business transaction has minimum two parties that is a buyer and a seller. Business is nothing but a contract or an agreement between buyer and seller.

7. Connected with production
Business activity may be connected with production of goods or services. In this case, it is called as industrial activity. The industry may be primary or secondary.

8. Marketing and Distribution of goods
Business activity may be concerned with marketing or distribution of goods in which case it is called as commercial activity.

9. Deals in goods and services
In business there has to be dealings in goods and service.

10. To Satisfy human wants
The businessman also desires to satisfy human wants through conduct of business. By producing and supplying various commodities, businessmen try to promote consumer’s satisfaction.

11. Social obligations
Modern business is service oriented. Modern businessmen are conscious of their social responsibility. Today’s business is service-
oriented rather than profit-oriented.

Business Owner, Entrepreneur, Company Owner are not automated titles. Something need to happen before you can attach this titles to yourself. Not anyone can be a business owner and not anyone can be identified as a business owner. Is as simple as that.
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By Miss Dee on behalf of Matsobanemetja Business Consulting

http://whatisbusiness

Talent is Overated – (In Business)

How do a Business start? With an idea right? Then planning, then execution. After execution or giving birth to your products, or after you have gathered all the materials or equipments to execute, you need Branding, Marketing, Advertising, etc. All this elements has to go together to convert your idea into Sales. But before you start processing your idea to a Business you have to be very passionate about the idea.

Passion is not bought but natural emotion in you, it is an automated one. You want to tell people about your company services? Your passion will tell all. You want tenders or funds? At the presentation your passion will tell all? At all times when you talk about your business, your passion must be present or otherwise your imposing your idea on people, instead of helping them understand why it’s so good for them.

Passion is very important. You showing passion, the consumers or investors trust you more with their money because they know they are more likely to get exactly or more than what they paid or invested for.

We take the value of passion for granted, and yet passion is what will make us successful.I would like to hear or meet anyone who became or are successful in what they doing without passion. That’s how important passion is.

The attitude you bring towards your business is shown by your passion. When you start or run your business with passion you are able to solve or deal with difficult situations you are/will be faced with. You will fight until you win those battles because of the passion you have, and simply because you are doing what you love. Dedication and Determination are not difficult to bring in you to form a character, they are automatically driven in you because of your passion. Passion drives you.

You cannot run your business based on talent only. Many have talent in certain things or areas and people will wonder why are they not pursuing business based on those talents. But the answer is that they are just not passionate about them. When you own a business, you breath, talk and live your business. Your business wakes you up in the early hours of the morning or go to bed very late in the evening or even at times a day with no sleep. Will you do all this if you were not passionate about what you do?

Maybe money is one of the factors that you want to go in business but will you sustain it? Cash flow is the most stressful and demanding factor in business. Therefore if your casflow is not healthy or positive you will be easily broken if you are not passionate about your business. Remember money comes after Passion! This is the reason you see some businesses do very well in their early days and fall still in their early days.

It all comes to one question. How do you choose a career you are not passionate about?
Do not go into business for money or the popularity of it.
Let your passion drives you and create a success.

– Miss Dee.
On behalf of Matsobanemetja Business Consulting – Coaching Division (Please Like our Facebook Page)

http://Talent is Overated