Income statement: What is it?
The Income Statement The income statement is a vital report tat every business owner should use and understand. This short video explains it with an example to make it clearer. This will enhance your knowledge of what they are and how to use them. [jwplayer width=”550″ height=”500″ file=”https://vibrant-booth.197-189-226-226.plesk.page/wp-content/uploads/2018/05/The-income-statement-report.mp4″ image=””] What are they? An income statement […]
Do your Annual Financial Statements look sexy?
Sexy? Consider the following scenario: Your business is running okay. Some months are not so good and some are better. You now wish to expand the operation and need some finance to do so. When you ask the accountants (or whomever is) to prepare them, the picture does not look good. This is often the […]
Be aware of these sneaky charges
Sneaky Charges We all have a bank account and it is just a way of life currently. The ranges and options from all banks in SA are plentiful BUT there is just one constant – BANK CHARGES! These can be some seriously sneaky charges, like a spider lurking in the dark! I reviewed my business […]
Cash in your business: How to (properly) report it in your business
Cash in my business? Still? For those who may have forgotten, cash is that paper and metal money that you used to pay for items with ;-). Surprisingly, Cash in your business is still a reality in many businesses. We assumed that debit cards/zapper/ SnapScan, etc. would come into the world and take over. It […]
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 […]