Success Comes After Good Management - Saleshando

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FRANCISTOWN: "Good things happen to those who wait" is a maxim that has been trumpeted by the far-sighted since time immemorial and on Wednesday, Barclays head of retail credit, Dineo Saleshando, did it again to an attentive audience at a hotel in Francistown.

Speaking at a seminar themed: "Financial Solutions for Business Success" to an audience made up of business people from the northern part of Botswana, Saleshando lamented the fact that Batswana have got a tendency of wanting to be seen driving Mercedes Benzes within a short period after starting their business. "They want to show off that they are successful when in actual fact their businesses are doing poorly," she said.

Besides, Saleshando who lectured on the topic, "Cash Flow Management" at the half day seminar, there was also the small business guru from Kgwebo Management Consultancy, Palalani Moitlhobogi who presented on "Business Planning". Saleshando was suggesting that some people borrow money from the bank and divert some of it to their personal needs. She gave the example of a person requiring an injection of P500,000 in his or her business. "You will find that instead of using the P500,000 to expand the business, the person would use only P250, 000. The other half will go into personal use. If you want to succeed in business, this has got to stop. The money borrowed for business must be channelled into the business for it to remain sustainable," she said.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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