SimplyBiz Admin
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Articles
Recent activity by SimplyBiz Admin-
Liquidity & Solvency Ratios
Financial calculations or ratios will help you assess the financial position and performance of your business. These calculations are good for your own insights into your business and almost alwa...
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Managing statutory returns
As a business owner, you want to ensure that you comply with all legal (statutory) requirements and returns. This not only includes tax submissions to the South African Revenue Service (SARS), bu...
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Managing your banking relationship
It may be said that business is all about relationships, whether with clients, suppliers, employees or indeed your bankers. Investing time and effort into these relationships pays off in increase...
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Understanding Financial Ratios
The moment someone starts mentioning phrases such as Return on Investment, Return on Sales, Gross Profit Margins and Financial Ratios, the average person who is not an accountant starts to break ...
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Registering your business
Getting a new business off the ground is an exciting time and with it comes a sense of urgency to make the business official. Perhaps you’re in the position where you have developed your small b...
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It's a Taxing Question
“...but in this world nothing can be said to be certain, except death and taxes.” (Benjamin Franklin) Choosing the type of business entity that will best suit your business and your purse string...
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10 habits that will help you get to grips with your finances.
Small-business owners often neglect the financial side of things and struggle with getting outside funding. As strange as it sounds, funding is not always the solution to the problem. Look at the...
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Applying for Finance
As a business owner, there will likely come a time when you want to apply for finance – when you need working capital to help bridge cash flow gaps, additional vehicles or equipment to expand y...
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Financial record keeping
Good administrative and/or accounting skills are often not the top traits one finds in entrepreneurs. Poor attention to detail and too many other demands on time and energy means that financial...
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Opening a Bank Account
Choosing a bank account seems such a simple thing to do – but, as with most things, it is necessary to think carefully about your business needs and what type of account/s will best serve you a...