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Articles

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  • How do I find a reputable accountant

    Spend the necessary time to find an accountant or bookkeeper who is right for your business. Consider factors such as price, capacity, personality, industry expertise and location. Your accountan...

  • Building a credit rating

      Good cash flow and a good credit record don’t always go hand in hand. Some business owners may have good cash flow but falter when it comes to paying their accounts, whereas other business owne...

  • Business plans & financials

    Even as a small business, there are a variety of documents you need to create and keep. One of the first documents you might create for your small business is a business plan. Even if you haven’t...

  • Effective management

    The financial aspect of your small business is the most crucial element that will determine the success of your business. When it comes to managing your business finances, are you aware of the ex...

  • The pro's and cons of small business insurance

    The basic premise of insurance is that it provides protection in the event that something goes wrong.  In the small business context, that ‘something’ can be a natural disaster, a fire, a robbery...

  • Cash flow problems

    Cash flow represents healthy incomings and outgoings of cash that will have a positive reflection on the operations within your business. Mismanagement of operations in your business will hinder ...

  • Reinvesting in your business

    It makes sense in many respects to reinvest any free cash in your business. Building a cash buffer for lean times is always a good strategy, but your reinvestment does not have to be limited only...

  • Essential business plan elements to get funding

      There is a popularly-held misconception that all you need to get funding is a good business plan. Entrepreneurs with even only a few months’ experience will agree that flogging that business pl...

  • Small Business Taxes in SA

      Given a choice, paying taxes and filing annual tax returns would be a thing of the past for many a business owner. The reality, however, is that formally registered small business owners must p...

  • Reinvesting Profits: Pro’s and Cons

    Achieving profitability is a significant milestone for many small business owners, who must then ask themselves, ‘Now what?’ What is to be done with the hard-won profits the small business owner ...