August News 2022

When it comes to managing a small business, no tool will be as important as your accounting software. Accounting software allows entrepreneurs to track accounts receivable and accounts payable, have a clear understanding of their profitability, and be prepared for tax season, all of which are essential for keeping cash flows intact and fulfilling obligations. […]

Credit. If you own your own business, it’s very likely you already understand the valuable role that having a good credit score can play in a person’s private life, but it is just as valuable for your small enterprise. Business credit is one of the most important tools in any entrepreneur’s toolkit. Building a good

Cash flow has been called the ‘lifeblood’ of a business, and all business owners can attest to the harsh reality that cash flow can make or break a company, particularly in the still-constrained financial circumstances of the post-pandemic business world, in which inflation and rising interest rates are creating further cash flow challenges. Given the

SARS recently issued a reminder that all trusts – whether dormant or active – need to be registered for income tax, and that the trust income tax return must be filed by the applicable 2022 tax season deadline dates. Many business owners and individuals have trusts, set up to manage and protect assets for nominated