Pay your workers every time their salaries are due. There is no WISDOM in not paying your workers. They provide their Labour as such they must be fairly remunerated.

In all of financial management I have not yet come across a single investment that has got a 100% return on investment just in 24 hours. It's practically impossible. What kind of business gives one a 100% return in just 24hours. Which industry

Teach your kids about money. It's your responsibility. Teach them while they are still young. Improve their financial literacy. It matters a lot in real life

Every business should have a certain amount of working capital. This would be used to finance daily expenses of an organization. Without adequate working capital, it would be difficult to meet day to day expenses of organisations. The consequences would be huge in the long term.

If you need to get the best results, get the best recruits that you can get. It is the only way you can get the best results. Get top performers. Get results driven recruits. But most important of all, get the best recruiters. Highly skilled human resources managers.

Invest the greater part of your income at corporate level or at a personal level. Reduce your spending. Save for bad days during your good days.

Calculate the profitability of all your projects. Also calculate estimated profitability before a project has even started. It's a measure of risk. Management would be able to see if a project is worth it or not. Profitability ratios can also enhance management decision

Let's all pay our Owings. When business people sale goods to you and your company, they expect to be paid in time. There are a lot of expenses that should be paid from those Owings. Your failure to pay totally or In time has got serious consequences to your creditors.

Reforms undertaken by the ministry of Finance are very necessary . They increase the easy of doing business. This should be done across the whole economy and should be done periodically,not as once off. These reforms will , undoubtedly increase formalization,profits and taxes.

Reducing costs increases formalization,reduces operational expenses,increases sales ,profits and in turn government revenue. Employment would also be created in the process.