A good customer retention rate is essential to your small business. The more one-off customers you can convert into long-term patrons, the more profitable your business will be.
Your small business may be turning over a decent sum of money, but how much of it do you actually get to keep?
Profitability doesn’t only come from sales numbers. And a profitable business isn’t always the one with the most customers and the highest sales.
Accounting is a crucial part of every business, from small boutiques to multinational corporations. You can’t ignore your accounts, and doing so for even a short period of time can damage your business. However, accounting is complicated, and mistakes can be costly. Hiring a professional accountant can save you a huge amount of time and money, which are often one and the same.
It's February! Which means that provisional tax returns are due in South Africa. If you want to avoid the stress of the tax period, follow these four simple steps to prepare your business in advance.
Book Review of Boss It by Carl Reader. If you are a small business owner, you NEED this book!
There are four ways that the owner of a company can take money out of their company and all four have different tax implications.
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post deals with the EMP501 Reconciliation
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post deals with Income Tax
Do you know why we create financial statements?
