More time, Is it really available?
Who couldn’t do with a few more hours in the day? Do you feel like you have been busy but have not really achieved anything at the end of the day? Well, you don’t have to stop the sun in its path to do that. Here are a few tips to loosen and free up […]
How to choose an accounting system
When it comes to business and, in particular, the accounting aspects of it, there are different accounting systems that are suited to different companies. Choosing an accounting system for your business is all about “horses for courses”, to quote a well-worn saying. Some work better for some companies than for others, and no one package […]
Company (entity) structures used in SA
There are a lot of questions that can be asked when someone advises you to “open a company”. It is a great piece advice but depends on various factors. This depends what kind of entity you want to run and why. Sole Proprietor Characteristics Most common and the most simple Owned and operated by a […]
Change is not restricting
Technology of today Currently the technology is changing almost daily. Whether you like or not, you have to keep up. Standing still in the river (of technology) is actually going backwards. What about in the accounting world? Historically, things do change but extremely slowly. The basic principles of accounting have not changed and will never […]
Tax Glossary – do you speak Tax?
Do you speak tax? You may not like talking about tax for many reasons. Many people simply just do not understand the tedious or very technical terms and jargon so before you try to get your taxes in order, it’s important to be familiar with that technical jargon you’re about to be bombarded with. This […]
Reports: What’s the point?
Reports and gym? This may seem like a funny start to an article about business reports but the gym I go to is on the first floor of the building (second if you park in the basement). In any building if I can, I will take the stairs, to a reasonable floor that is. The […]
Good Cash Flows
Good cash flow keeps a business alive, poor cash flow can sink it. Poor cash flow is a big reason why 20% of businesses doesn’t make it past the first year, and why more than half don’t survive past the fifth. This post, will explain what cash flow is, take you through some of the […]
Home office – how to set it up
Home office – why Having a home office may be an attractive option if you’re running a small “one-man show” or starting out small with a view to expanding once the business is off the ground. There are, however, some practical issues to consider before you start setting up your office. Home offices can be […]
COVID-19: Questions to ask to see how bad it is
COVID-19 – don’t even talk to me about business!!! Everybody is stating that their business has been affected by the covid-19 pandemic and they might well be correct, but there are questions around this statement that need to be answered before this is a factually correct statement in the context of the world of business […]
Dreams are critical
Dreams and goals Famous words indeed. They have a decreasing impact as time goes on. These words can not only be used for countries but businesses and individuals alike. Sitting around a table on more than occasion, discussing the ins and outs of corporate life, I have said one thing that scares people. You have […]