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Budget Speech June 2020 – The Hippo’s mouth is open.

Mr Mboweni likened our growing debt to a Hippo, with an open mouth, asking for more! For every R1 tax collected, 21 cents pay interest. Only if debt...

How will my business survive the current economic turmoil?

In addition to all the challenges life had already thrown at you in 2020, Covid-19 happened, and, suddenly, a rapid gear shift was required. Among...

Write an effective Business Plan to apply for funding.

Many businesses’ cashflows are severely impacted by the current lockdown and many may have to apply for funding to enable business continuity. We...

Why it is important to plan for your death while you are alive.

Contrary to common belief, planning for your own death is not the forte of the rich or the morbid. Given that death has a 100% certainty, is it not...
Tips & Tool for working from home

Tips & Tool for working from home

As leader of a small business, ensure you stay connected with your employees and try and create some remote fun where possible. To be as productive as possible, create a workspace that is conducive and limits interruptions and interference. Maintain regular breaks and...

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Tips for optimising your business

Tips for optimising your business

Tip 1: Side-step Load shedding If your business is 100% dependent on electricity, consider some options to ensure you can trade when Eskom decide you shouldn’t. Solar panels are the obvious choice but can be expensive. For a smaller business, consider a mobile solar...

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Budget 2020: More Tax or Opportunity to grow?

Budget 2020: More Tax or Opportunity to grow?

With the Small to Medium Business (SMB) market contributing an estimated 28% towards job creation, it is a critical lever Government can use.  Small businesses have the capability to ignite our economy. With only three months into the year and having to deal with the...

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5 Key things to consider when starting a business

5 Key things to consider when starting a business

Starting a new business is a daunting task - definitely not for the faint-hearted! Besides all the introspection and self-doubt, you suddenly have a myriad of tasks and decisions that you’ve never had to deal with before. However, although the learning curve and...

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What’s the deal with Trusts?

What’s the deal with Trusts?

It is inherent in human nature to copy what others are doing. When it comes to financial matters, however, it’s good to first understand the “whys” and “hows” before taking a leap! Take “trusts” for instance. This is a typical example of a “Joneses” status symbol. The...

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Does your business actually need an audit?

Does your business actually need an audit?

Interacting with entrepreneurs is always enlightening because no two business people are ever the same! Their approaches to systems, processes and controls often differ based on personality and background. Some business owners like to set up sturdy business systems...

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