Finance 101

How to budget for a (financial) year? The case of a vegetable farm.

You just set ambitious targets for your company this coming year. But are you sure these are achievable? And how much funding do you need to achieve these targets? This is where a budget comes in handy. Let's explain how to build a budget with pumpkn.io for a farming business producing vegetables.

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What debt can my business afford?

Debt is often perceived negatively by entrepreneurs as it carries some social stigma. But for a healthy business to borrow money to expand its operations, it can be a booster of growth. However, one needs to understand how much debt a company can take on and still remain financially healthy. In this article, we unpack the concept of debt affordability for SME owners.

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How do banks and lenders make their credit decisions? A 101 explanation.

Entrepreneurs and SMEs are the lifeblood of South Africa's economy. However, SMEs require financing to support their operations, expand, or weather difficult economic times. Banks are a major source of such financing. How do they decide whether or not to lend to an SME? Let's unpack the basics and see how one can become investment ready.

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Cash, cash flow, profit: What is the difference?

To effectively run a business, one needs to understand the difference between cash, cash flow and profit. Often entrepreneurs use these three words interchangeably. But they refer to different aspects of a business's financial health. In this article, we unpack these concepts

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The Three Major Financial Statements: Why Do They Matter?

Financial statements... two words many entrepreneurs are afraid of. What are those financial statements? Why do they matter? Let's unpack these questions.

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