Small Businesses – How To Access Finance
Get in touch Small Businesses – How To Access Finance Surveys indicate that one of the major reasons for small/medium businesses (SMEs) going out of business is cash flow issues. SMEs are the most powerful generator of jobs in the economy and thus their financial wellbeing is extremely important.In South Africa there is no large […]
Startups And Small Businesses: Consider Crowdfunding
Get in touch Startups And Small Businesses: Consider Crowdfunding A novel and effective way of raising finance It is well known that finance is extremely hard to raise for small and medium sizes entities (SMEs). Banks are very conservative and prefer to deal with the larger, more established businesses. The venture capital market is small […]
A Good News Story: Farming Is Doing Better Than We Think
Get in touch A Good News Story: Farming Is Doing Better Than We Think “Good fortune is what happens when opportunity meets planning,” – Thomas Edison One of the stories that underpins the current wave of pessimism around our economy is farming. We read stories about: Farmers being murdered and driven off their land. The […]
Be Prepared As Government Takes Aim At Trusts
Get in touch Be Prepared As Government Takes Aim At Trusts “Let me tell you how it will beThere’s one for you, nineteen for me‘Cos I’m the taxman, yeah, I’m the taxman”(The Beatles – ‘Taxman’)For many years government has been hostile to trusts. In the latest draft Bill of 2016 taxation amendments, a provision has […]
The Updated Credit Provider Registration Threshold – Are You Still Exempt?
Get in touch The Updated Credit Provider Registration Threshold – Are You Still Exempt? “Aye, there’s the rub” (Hamlet) If you are a credit provider and required to register as such in terms of the NCA (National Credit Act), not doing so can have drastic consequences for you. For a start, a court can make […]
Staff Dismissals: Beware, There’s No Honour Amongst Thieves and No Short Cuts
Get in touch Staff Dismissals: Beware, There’s No Honour Amongst Thieves and No Short Cuts “A plague upon it when thieves cannot be true one to another!” (Falstaff, in Henry IV Part I) We know how time consuming dismissing staff can be. It leads to loss of productivity and extra legal costs can be incurred. […]
Litigation Funding: An Affordable Way of Accessing Justice
Get in touch Litigation Funding: An Affordable Way of Accessing Justice In the life-span of a business, there will almost certainly be a protracted legal process. To a small or medium-sized business, this can prove ruinous as legal costs can be prohibitive. Current solutions You can sell your claim but the trade-off is only getting […]
How Many Days A Year Do You Work For The Taxman?
Get in touch How Many Days A Year Do You Work For The Taxman? In the last few years in particular we have been aware of tax increases. The Free Market Foundation measures how many days in a year it takes to pay our taxes (taking total taxes over total earnings – obviously in reality […]
Frightening Fraud Statistics – Protect Your Business Now!
Get in touch Frightening Fraud Statistics – Protect Your Business Now! A global organisation which focuses on internal (i.e. management, owners and staff) fraud, recently released some sobering findings. Understanding them is your first step in protecting your business from serious loss. In Sub-Saharan Africa Over 60% of frauds were committed by people with a […]
Which is Better for Your Business? Lots of Rules or a Few Good Principles?
Get in touch Which is Better for Your Business? Lots of Rules or a Few Good Principles? Most of us are weighed down by compliance. Think of FICA, more onerous tax compliance, BBBEE, Employment Equity – the list is endless, more rules to deal with increasing complexity. How does business manage its operations with all […]