Have you written a business plan? A marketing plan? Done a SWOT analysis? Have you put your vision and mission into words and pondered your strengths and weaknesses? Should you?
Entrepreneurs start a business because of a passion. You have a skill and you grasp the opportunity to turn your passion into income. But it doesn’t take long for entrepreneurs to learn that, whether they are good at it or not, the accounting needs to be done.
It’s December and all things holiday have flooded the shops and general atmosphere! It’s a time for fun and family and we all look forward to it every year – all of us except perhaps, small business owners.
Have you started a business and now you’re beginning to think that you’re not quite as revolutionary as you had previous thought? Perhaps you have reached the point of realising that, actually, you might just be crazy or downright stupid?
You have just completed a gruelling project that required long nights and a lack of sleep. Just as you are about to send the work to your client, your coffee spills, your computer dies and the work is gone. Now what?
Too many small business owners are unaware of SARS’s requirements for their documentation. If you are registered for VAT, and don’t want to incur a surprise penalty bill, read this.
In this age of innovation and achievement, there is a trend towards constantly pushing onward and upward. While there is nothing wrong with ambition and innovation, you need to remember why you are climbing in the first place.
Good financial records are vital to the health of your business – but that doesn’t mean that you are in a position where you can afford a bookkeeper. If you need to do it yourself, implement these tips to save time and ensure accuracy.
A good bookkeeper and accountant are essential for recording financial information and keeping you up to date with your financial situation, if you have no idea how to read or use your financial statements, you are not alone.
Are you a compliant employer? I constantly come across small business owners who are happily going about their day completely unaware that they are actually non-compliant and in danger of being fined by the Department of Labour for something they did not know about.
