A Crisis of Confidence

The credit market is suffering from, amongst other things, a lack of liquidity due to an increase in uncertainty. However the crisis in the global market provides an opportunity for investors/lenders with cash, to purchase assets cheaply and hopefully reap rewards from a resumption or increase levels in business activity. Persons with the ability to scrutinize good investment ideas and provide funding are now able to select from numerous investment opportunities at much more attractive prices, providing they are able to analyze the investment sufficiently to compensate for inherent risks.

Government Waste

The ideal function of democratically elected Governments and its quasi-government agencies is to set policies, approve development plans and facilitate implementation. While it should be the responsibility of an extremely motivated profit making private sector to bring a high level of efficiency and urgency to any task. The private sector must be encouraged to compete for research contracts to guide Governments’ policies, to submit development plans for Governments’ approvals or to perform tasks that add value to Governments’ facilitation activities.

Retired but Productive

Professionals, having invested years of service under an employer, are retiring and offering their services on contract. Such individuals are strongly advised to register a limited liability company mainly to protect their personal, existing, hard earned (house, pension and other investments) assets from lawsuits and subsequently, to present a professional image to potential clients and other service providers.

Non-Financial Professionals

How can Engineers, Lawyers and Medical Doctors graduate and gain employment without being financially literate? Graduating with a degree from a reputable teaching institution is not a ticket to success, as many without degrees would have you think, it says you can learn, think and resolve problems, use initiative and in some cases, you can lead. Yet, these young professionals expect to enter an organization at management levels and receive management remuneration. While the reality is even after orientation programs, periods of internship and other in-house training courses, some of these professionals cannot reconcile or balance they personal debit or credit card statement, far more to appreciate their employer’s budgeted or financial statements.