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#Qatar2022onGMABC: Losing 1st game helped Argentina reach World Cup final- Lionel Messi

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Running a small business is demanding. Each day presents challenges that can affect your cash flow, your customers, and your ability to grow. Amid these demands, it is easy to lose sight of long-term financial priorities. However, businesses that last are not only those with good products or strong customer service. They are often the ones with better financial habits. This article outlines seven essential points that will help SMEs manage their finances more effectively, reduce risk, and plan for growth. 1. Start with a Clear Financial Plan A good financial plan gives direction to your business. It helps you set targets, allocate resources, and make informed decisions. Start by defining your financial goals. These should be SMART - specific, measurable, actionable, realistic, and tied to timelines. For example, you should determine how much revenue you need each month, what level of production or service delivery is required to meet that target, and how you intend to achieve it. 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Many small businesses struggle in this area due to time constraints, limited expertise, or a lack of systems. However, proper record-keeping should never be overlooked. It supports internal decision-making, strengthens external credibility, and improves your ability to respond to opportunities or risks. Business owners can start by gaining basic knowledge of accounting principles and tools. Training employees in simple record-keeping practices also helps to build internal capacity. In some cases, it may be worthwhile to engage professionals who can help you put the right systems in place and prepare essential reports at a cost that makes sense for your business. 3. Choose a Banking Partner Aligned with Your Goals The right banking relationship can make a real difference to your business. A bank like Absa Bank is more than a place to keep your funds. It is a partner that can support your operations, guide your financial planning, and help you take advantage of growth opportunities. Begin by understanding your business needs. These might include working capital support, payments and collections services, or trade finance. Once your needs are clear, assess whether your bank offers the right mix of services, accessibility, and expertise. Your banking partner should make it easier to run your business, not harder. They should share your ambition to grow, be responsive to your concerns, and provide solutions that are tailored to the stage your business is in. A strong banking relationship will give you confidence and peace of mind as you build your enterprise. 4. Deploy Effective Payment Solutions Revenue is the foundation of every business and the way you go about collecting it is key. In today’s economy, customers expect fast, simple, and secure payment options. If your business only accepts cash, you may be turning away potential sales without realising it. Providing customers with flexible payment options is no longer a luxury. It is a necessity for growth and long-term relevance in a digital economy. Offer customers alternatives such as instant bank transfers, mobile money, card payments through point-of-sale devices, or more innovative solutions like Absa Mobi Tap to improve your customer experience and increase your reach. These methods reduce delays, enhance transaction security, and demonstrate professionalism. 5. Meet Statutory Obligations Promptly Every business has legal and regulatory responsibilities. These include filing and paying taxes, submitting Social Security and National Insurance Trust contributions, and meeting other sector-specific requirements. Complying with these obligations on time helps you avoid penalties and disruptions. It also builds your business’s reputation and improves your standing with financial institutions and regulators. To stay compliant, you should adopt a legal structure that suits your business model and goals. 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It also signals to lenders, partners, and customers that your business is prepared and resilient. 7. Separate Business and Personal Finances It may be tempting to treat your business account as your personal wallet, especially in the early stages. However, failing to separate your business and personal finances can lead to confusion, tax problems, and credibility issues. As a business owner, you should pay yourself a fixed salary. Avoid withdrawing funds at random or covering personal expenses with business income. If you invest personal funds in the business, document it properly as a loan or equity contribution. Keeping your finances separate helps you maintain clear records, assess business performance accurately, and present your enterprise in a more professional light to partners, banks, and regulators. At Absa Bank, we believe that strong financial habits form the backbone of every successful enterprise. Our commitment is to walk with our clients and customers at each stage of their journey, providing guidance, tools, and solutions that help SMEs grow sustainably and with purpose.

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#Qatar2022onGMABC: Losing 1st game helped Argentina reach World Cup final- Lionel Messi

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#Qatar2022onGMABC: Losing 1st game helped Argentina reach World Cup final- Lionel Messi
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Lionel Messi has praised Argentina for passing an “acid test” in bouncing back from losing against Saudi Arabia in their opening match to reach the World Cup final.

The Sunday showpiece will see Argentina face either France or Morocco after Messi inspired Lionel Scaloni’s side to a 3-0 win over Croatia at Lusail Stadium on Tuesday.

Messi, 35, opened the scoring through a 34th-minute penalty before Julian Alvarez’s brace either side of half-time — including a superb solo run for his first goal — settled the contest against a jaded Croatia side with midfielder Luka Modric almost certainly playing in his final World Cup match.

Argentina’s revival is a far cry from their Group C start at the same stadium, suffering a stunning 2-1 defeat to Saudi Arabia, ranked 51st in the world.

Only one team — Spain in 2010 — has ever lost their opening game at a World Cup and gone on to lift the trophy.

And after making his 25th World Cup appearance, tying the record with Germany’s Lothar Matthaus, and scoring his 11th World Cup goal to surpass Gabriel Batistuta’s Argentina record, Messi said: “I would say that the first match was a hard blow for all of us because we had been unbeaten in 36 matches.

“To start in such a way in a World Cup was a blow, we did not think we would lose to Saudi Arabia. It was an acid test for this whole squad but this squad proved how strong we are.

“We won the other matches. It was very difficult what we did because every match was a final and we were aware if we did not win things would be complicated for us.

“This is a mental load because we knew things would be more complicated for us. We managed to win five finals and I hope it will be this way for the final game.

“Internally we were confident that we would make it because we know what we are capable of as a squad. We lost in the first match due to fine details but it helped us to be stronger.

“Let’s enjoy this moment. It’s great to see the joy in our fans here and in Argentina. We are going to give all that we have in the final but also need to enjoy what we achieved.

“I am enjoying this moment a lot. We feel strong before the game even after a very long last game, the previous one wasn’t easy at all. We were tired but the group brought its energy on the pitch to face this game.”

  • Dawson: Messi gives himself another chance at World Cup trophy

Messi confirmed on Tuesday that he will play his last World Cup game when Argentina take on France or Morocco in Sunday’s final in Qatar.

“I feel very happy, to be able to achieve this, to finish my World Cup journey by playing my last game in a final. It’s many years for the next one and I don’t think I’ll be able to do it. And to finish like this, it’s the best,” said the Argentina captain.

Messi’s performance on Tuesday was also lauded by Croatia coach Zlatko Dalic.

“He is the best player in the world, he was dangerous and he has quality,” Dalic said. “He has technique and put in a high-level performance, it was the true Messi we expected to see.”

Messi was awarded the official man of the match award but the Paris Saint-Germain star reserved special praise for Alvarez, who became only the second Argentina player to score four goals at the same World Cup while aged 22 or under after Gonzalo Higuain.

“Our best quality is the way we play as a team but tonight Julian was our standout player,” Messi said.

“He had an extraordinary game. He ran more than anyone, he generated a lot of goal chances. He was our most important player and he deserves the best player award.”

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