Financial & Cashflow

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How to grow your small business with these money management tips

Start this year with a bang and plan with these great money management tips. What is ‘financial management? It is the process of handling your business’s finances through setting goals, budgeting, tracking expenses, income, and investing. Failing to manage your money wisely, can lead to problems such as having a negative cash flow, making late …

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4 Reasons why you should consider a card payment solution for your business and not just rely on EFT or cash sales

If your business is only accepting cash and EFT & you feel you don’t need a card machine, then this article will be very interesting to you. Many business owners think that accepting cash and EFT is good enough but often don’t realise the vast number of clients who chose to shop elsewhere because of …

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How to get the lowest card machine transaction fee rates

If you’re accepting card payments, you’re bound to incur a card transaction fee on every sale. This is a fee imposed on banks by Visa and Mastercard or similar card associations but you may have noticed that many service providers also charge a minimum turnover fee (a fee based on achieving a defined amount of …

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6 Ways to Structure Your Pricing During a Recession

The South African economy is now in a recession, reducing the spending power that customers have or making those who do have spending power a lot more price sensitive about their purchases.  Keeping or growing your market share can be tough during these times, especially when competitors compete even more aggressively and customers are more hesitant to …

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4 Ways To Avoid “ Junk Status ” from Affecting Your Business

Have recent developments in the South African political and economic spheres been keeping you up at night, led to emergency strategy meetings or stopped you from expanding your business? This month, the WAPPoint team are focused on helping business owners to find ways to overcome the disaster in the economy and turn this into potentially …

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5 Reasons Why You Need Detailed Card Transactions Reporting

  Card transactions reporting can aid with reconciliations Have you recently enquired about getting Merchant Services for your business and wondered what the supplier means when they talk about reporting? We’re here to help. Transactions Reporting can be defined as the numerical data provided by a merchant service provider relating to the financial flow of monies between …

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