There are so many reasons why accounting records are beneficial to a business....
We have some advice for business owners who have become employers of large staff complements.
We have dealt with the difference between your income statement and your bank statement in a previous blogpost, so in this one we will deal with why there is a difference between financial profit and taxable profit.
The choice of an accountant is a fairly subjective thing – you need to pick someone that you will be happy to deal with for a long time. But, no matter your personal preferences, there are some common things that you should definitely be looking for.
Carrying the title “Director” involves a lot more than just being the owner and manager of your business. Do you know all your legal duties and responsibilities?
Small business owners are innovative, hardworking and brave. They launch businesses and despite the odds, many of them succeed. However, a rather scary percentage fail. After almost twenty years of looking after small business accounts, we have identified five mistakes common to most small business owners...
As much as the ownership and management of a South African business comes with great reward, it also comes with a long list of duties and responsibilities. Too many business owners are unaware of these responsibilities.
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?
Pharsyde offers bookkeeping, accounting, payroll and tax services for professional individuals and small-medium businesses. Beyond that extremely boring sentence, we are focused on helping businesses grow and develop - we want to see you succeed!
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?
