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 … Read the rest
When money is tight, as it is currently, there are people seeking to earn extra income as “tax practitioners”. This despite their lack of training and experience. Some of these people are aiming to use their so-called expertise to defraud … Read the rest
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 … Read the rest
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 … Read the rest
Finance and accounting is a primary business function. There are common areas when a mistake is made. Accounting is an area that most businesses manage with the necessary care following the generally accepted accounting principles. The accountants or the person … Read the rest
Some business owners will avoid changes, especially in technology, in order to stick to the old ways of doing things. These ways might well be good and have probably worked for most of the businesses life. However, avoiding changes could … Read the rest
In business, your employees are your greatest asset but your greatest enemy too. If they are the right person for the job, they are a productive part of your team. They are then driving the company forward. On the other … Read the rest
Over the years, I have come across loads business owners who run their business and that’s where it ends. They rarely (if ever) glance at their financial statements. Also called financials or reports – it … Read the rest
Last week, I was walking through a local mall. I was on the way to the car. All of a sudden a sharp pain radiated from my right ankle. It was not pleasant.
I looked around … Read the rest
Sadly, more often than not, no one puts their hand up. Everyone pays VAT in one form or another. It affects everybody, no matter who you are, read more about this here.
That said, here … Read the rest
