The Importance of a Good Credit Score
Get in touch The Importance of a Good Credit Score “You cannot escape the responsibility of tomorrow by evading it today.” (Abraham Lincoln) A good business credit score is a critical tool in business success as it helps your business unlock, establish and maintain relationships with lenders, suppliers and vendors. It reveals whether an organisation […]
Top Ten Tips for Maintaining a Strong Cash Flow
Get in touch Top Ten Tips for Maintaining a Strong Cash Flow “Never take your eyes off the cash flow because it’s the lifeblood of business.” (Sir Richard Branson) Managing cash flow is often one of the biggest challenges business owners face and is also the reason for a concerningly large percentage of business failures. […]
Learning The Essential Art of Delegation
Get in touch Learning The Essential Art of Delegation “The really expert riders of horses let the horse know immediately who is in control, but then guide the horse with loose reins and seldom use the spurs.” (Sandra Day O’Connor, former Supreme Court Justice) For years you have been working in the industry of your […]
Keep Your Business Simple!
Get in touch Keep Your Business Simple! “Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.” (Steve Jobs, co-founder of Apple) It is easy in business culture […]
Five Financial Reports for Informed Decision-Making
Get in touch Five Financial Reports for Informed Decision-Making “What gets measured, gets managed.” (Peter Drucker) Financial reports, such as a balance sheet, income statement, cash flow statement, debtors reports and actual spend vs budget reports, provide an understanding of where your business stands financially at a certain point in time. They detail the business’s […]
Estate Planning: Act Now to Protect Your Family and Business After You Are Gone
Get in touch Estate Planning: Act Now to Protect Your Family and Business After You Are Gone “The golden rule of all estate planning is: don’t wait.” (Missionwealth.com) Just 20% of South Africans have a valid will (“Last Will and Testament”), resulting in countless heart-breaking stories of grief-stricken surviving spouses and children with no income […]
The Simple Solution to Hassle-Free EMP501 Final Recons
Get in touch The Simple Solution to Hassle-Free EMP501 Final Recons “The employer in collaborating with SARS plays a critical coalition towards adherence and compliance of tax principles and laws.” (SARS External Guide – A Guide to The Employer Reconciliation Process) By law, employers must deduct or withhold employees’ tax from remuneration and pay this […]
SARS Makes SMME Tax Compliance Easier
Get in touch SARS Makes SMME Tax Compliance Easier “Tax complexity itself is a kind of tax” (Max Baucus) NOTE: Bear in mind that although many of the resources mentioned below are addressed by SARS to you as a private taxpayer, there is just no substitute for professional advice and assistance when it comes to […]
Seven Crucial Tax and Other Issues to Address When an Employee Dies
Get in touch Seven Crucial Tax and Other Issues to Address When an Employee Dies “Employees are the key to your success… Treat them well!” (Ron Kaufman) The death of an employee can be a difficult situation in any company, but particularly so in smaller businesses where employees work more closely together and often consider […]
Six Tips for Creating a Distraction-Free Home Office
Get in touch Six Tips for Creating a Distraction-Free Home Office “Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty lies opportunity.” (Albert Einstein) To many people the idea of working from home can seem like a dream. Just avoiding the daily commute makes it worthwhile for many, but add in […]