Time: Where your time goes
I attend various networking meetings and events. I ask business owners if they would like to attend our meetings. Most decline. The most common reason? “I do not have the time”. It is clear that most of them don’t know where their time goes. Say what? I understand that many business owners are busy. Unfortunately, […]
One reason that you WANT to PAY TAX!
Why should I want to? The purpose of a company is to make a profit. Every business owner wants to make a profit. However, when you make a profit, you need to pay taxes. The overwhelming consensus from business owners and individuals is that they don’t want to pay tax. By extension of that thought […]
Physical exercise can be similar to running a business
We all know that regular physical exercise, in fact mental too, is good for you. Yes, you heard correctly. I am saying that training for an athletic event can be compared to running a business. More specifically, a small business of less than 10 people. I am pretty sure it applies to bigger companies too […]
How to make your business more efficient
There is a known fact that if one object is behind another object that is moving, it will not take as much energy to keep up with it. This is most evident in sports. In motor racing, it’s called a slipstream. In cycling, it’s known as drafting. It happens in running and swimming too. Any […]
Is the “recession” really impacting your lifestyle?
It is on everybody’s lips in South Africa and in fact all over the world. Recession. South Africa adds another word, junk status. Despite not completely understanding the concepts, the fear attached to them is taken seriously. This is not to mention floods, riots and of course COVID-19 This fear extends to any and every […]
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 […]
Time is money, so save it by doing this!
Time – never brought back again Time is an illusive beast and is the most valuable commodity in the world. this is because once spent, you can never get it back or get more by buying it. We all know the old saying of “time is money”, well it is 100% accurate. Today, more than […]
Payroll function? Do you know what it is?
What is the payroll function? Payroll is a critical part of a business in that it pertains to all the salaries and the payments that are involved with them and there is often confusion between payroll and HR (Human Resources). Payroll is the payments side of the department whereas HR is the more legal side […]
The Importance Of Outsourced Accounting Services
Why outsourced accounting? Accounting is the most vital aspect of any business because it ensures that financial decisions made are based on a sound base. However, many people either do not understand accounting or just do not want to do it. Hence, most business owners would rather hire a full-time accountant than outsourcing accounting services. […]
Accountants and bookkeepers – Do I need them?
I thought bookkeepers and accountants were the same? Not a lot of people actually know what the difference between a bookkeeper and an accountant is. This creates confusion as to which one they should hire and do they need one (or both)? Why you should consider hiring someone to help manage your accounting, to begin with. […]