Why bringing in experts can help your small business grow
In all likelihood, the success you have achieved in running your own business means that you are an amazing technician in your field. I use the word “technician” as a general term for an expert. So, you are an expert in a specific field. You have carved out a niche for yourself in your industry […]
VAT in a nutshell
Whatever your entity is registered as there are various tax requirements you have to meet and one of these could be value-added tax (VAT). Here is a broad explanation of what VAT is and how to meet your tax obligations as a small business. It is mandatory for any business to register for VAT if […]
Bad debt: How to best handle it in your business
It is good business practice to have a policy in place that stipulates how your company deals with bad debts. In case you aren’t aware, a bad debt is when an invoice is not going to be paid by a client or customer. It is a debt to you that has gone bad. Besides hindering […]
It’s easy, if you have all the documents ready
Recently, a family member had to buy a car. Their car had been written off and this left them without one. The insurance had not paid the settlement figure as yet, so the worry was about the amount they could apply for. The family went shopping for a car. They had worked out a ballpark […]
Do I really have to keep all these slips?
Slips – AAARGGH! Slips are a pain! Our wallets get fatter with all the slips and loyalty cards than with actual cash. But this is not the way it should be. Fact is, you actually have to keep them if you want to be able to claim for the expenses attached to those slips. A […]
Coffee with a financial planning expert
BC Accounting Services offers a range of solutions for you and your business. We have expertise in the areas of accounting, tax and payroll. We certainly do not act as a financial planning expert. The financial services industry has a huge scope, one of which is financial planning. Over the years, we have built a relationship, […]