Informed business decision-making – from effective daily financial management to strategic future planning – requires specific, timely information that allows business owners to understand where the business stands financially at a certain time, what is happening over a period, and where action is required to improve financial performance. This information can be found in a […]
Category Archives: Business
10
Jun
Jun
Keep up to date with all company tax dates. Download this handy company tax calendar and stay on top of taxes. Corporate taxes are an unfortunate necessity when it comes to running any company. It can be hard enough keeping up with the changes in tax rules let alone all the due dates. It can […]
29
Apr
Apr
All of today’s large businesses were once small ones. Starting out it’s extremely common for companies to be run from the home of the founder, but eventually, if your business is successful enough, it will come time to move off the dining room table and out into the real world. Knowing when to make this […]
30
Mar
Mar
“If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.” (Lee Kuan Yew, Former Prime Minister of Singapore) Launching a business requires the small business owner to wear many hats. From marketing, to accounting and HR the small business owner needs to learn any number of skills to […]
30
Mar
Mar
“All company bosses want a policy on corporate social responsibility. The positive effect is hard to quantify, but the negative consequences of a disaster are enormous” (English economist and academic, Noreena Hertz) Stimulating the SME sector is considered as one of the quicker ways to rejuvenating the economy. According to a 2020 survey by McKinsey […]
25
Feb
Feb
Tax compliance among Small, Medium and Micro Enterprises (SMMEs) has been forced into the spotlight by The South African Revenue Service (SARS) who in January launched a new monthly newsletter dedicated to the sector. The January issue covered the matter of tax compliance and revealed a number of new initiatives by SARS to streamline services […]
27
Jan
Jan
“Any remedy is going to depend on having financial statements that are reliable” (Tom Foley) On the last day of February each year, many companies face their end of financial year or “EOFY”. Whether it’s referred to as the EOFY, Close of the Financial Period, Financial Year End or FYE, or simply ‘Year End’, this […]
27
Jan
Jan
“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 the benefits that arise from being present for your family, and […]
27
Jan
Jan
“At the heart of the strategy is a strong belief…that systemic problems require systemic solutions” (MIT Sloan associate deans, Fiona Muray and Ray Reagans) Businesses usually spend the last quarter of the year reflecting on how they have done and using the lessons learned in planning for the year ahead, while also keeping a keen eye on government’s financial […]
05
Jan
Jan
“The implied policy rate path of the Quarterly Projection Model indicates an increase of 25 basis points in the fourth quarter of 2021 and further increases in each quarter of 2022, 2023 and 2024.” (Lesetja Kganyago, SARB Governor) After cutting interest rates by 275 basis points to record lows in response to the economic crisis […]