Transforming a business in six months | City Press

  • 📰 City_Press
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

When township entrepreneur Mpho entered the Money Makeover Challenge last year his finances were chaotic. He was running three micro businesses but never had any money

pplications for this year’s Money Makeover Challenge are now open. We are looking for six motivated individuals who are ready to transform their lives, finances and even their businesses.

One of his businesses was a small township takeaway restaurant selling a variety of fast foods and drinks. Mpho also ran a small T-shirt printing business and supplemented his income as a personal fitness trainer.His dedicated financial adviser immediately identified that Mpho’s food business was losing money. This was the reason he was unable to make ends meet. This is a common mistake by entrepreneurs, they do not have a proper handle on their finances and business cash flow.

This, combined with his personal training and printing businesses, means he can meet his financial obligations, including maintenance for his daughter. He is paying off his debts and has made an arrangement with the local municipality to pay off outstanding accounts. “Before my journey started, we were fighting to a point that I went to court to file for joint custody because she was refusing me my visitation rights. Fast forward, we are now co-parenting as the best parents with good systems in place for both of us and the baby.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If you have received

Earn a minimum of R5k daily R18k weekly, Stephtylorco does The perfectly, i was able to withdraw R65k monthly from an investment of R12k, R3k minimum deposit will earn you more than imagined, check her up for trading startup Stephtylorco 100% guaranteed withdrawal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in US

United States United States Latest News, United States United States Headlines