One of the fundamental principles of business and economics:

T A N S T A A F L

or in other words…

There ain’t no such thing as a free lunch

When making a business decision, it’s important to determine if a proposed option:

  • falls in line with the strategic objectives
  • maximises the net benefit for the resources that will be used
  • HAS a net-benefit
  • has achievable timing considerations
  • has acceptable ethical, moral, and/or legal implications
  • does not affect cash flow in an unmanageable way
  • has an acceptable risk and/or return (particularly in relation to external factors)