How to keep your business and personal finances separate - 3 simple tips
Running a business takes a lot of work, and financial stress or confusion can distract you from important day-to-day tasks. Keeping your bus
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- 5 min
How to Pay Yourself as a Business Owner
The whole point of starting a business is typically to create financial freedom and security for yourself and your family. But it’s easy to
- 4 min
Why Is It Important to Separate Your Business and Personal Finances?
When you run your own business, the line between what’s personal and what’s business-related can blur. Just consider the following scenarios
- 6 min
Prioritising Profitablity - the key to Business Success
One of the most important goals to focus on in your business is how profitable your business is, rather than how much revenue it produces. A
- 5 min
Uncomplicating Business Budgets: A Simple 4-Step Guide for Entrepreneurs
A business budget can ultimately take a lot of the fear out of our finances. In this blog post, we'll break down the process into four simpl
- 2 min
Why You should have more than one bank account
When you look at your bank balance, you think that is your cash to spend, to take out the business and to enjoy... It's not - you need to pa
- 5 min
Craft Your Best Year Yet - Design your Business - Day 3
Why business by design?
When you design your business, you're consciously CHOOSING how your business takes shape. You're choosing your drea
- 3 min
Navigating Post Company-Registration Responsibilities: A Guide for South African Companies
Congratulations on successfully registering your company with the Companies and Intellectual Property Commission (CIPC)! This pivotal...
- 2 min
The Essential Supporting Documents to keep for Your Business
Running a successful business in South Africa requires meticulous record-keeping.
- 2 min
Expert Financial Tips for Navigating the Last Quarter
As the final quarter of the year approaches, businesses and individuals alike are presented with a crucial opportunity to assess their...
- 2 min
SIX TIPS TO GET CASH INTO YOUR BUSINESS
Times are tough for lots of businesses right now and this puts pressure on cash, so here are six things you can look to do when cash is...
- 1 min
How to reduce business expenses
Review all costs - suppliers, packaging, postage, software, every penny that goes out of the business ought to be reviewed and checked to...
- 1 min
Bookkeeping Tips
3 Tips to help you manage your Bookkeeping 1 – Be Consistent Two of the fastest ways to muddy a financial report is (1) duplicate expense...
- 1 min
What is a Profit and Loss Statement and why do I need it?
A profit & loss statement (P&L aka income statement) is a financial report that shows your total income, total expenses and net income...
- 1 min
Paying yourself as a Business owner
The difference between a hobby and a business... a hobby will cost you money and a business will pay you 💸 Wondering how to pay yourself...
- 3 min
Five Tips for Start-up Businesses
Feel like entrepreneurship is calling your name? Or just need a little motivation boost on the way to big business success? We’ve put...
- 3 min
What is the difference between Bookkeeping and Accounting?
Bookkeeping vs Accounting: what’s the difference? Many new entrepreneurs wonder whether there is a difference between bookkeeping and...
- 1 min
Basic VAT Do's and Don'ts
Here is a list of basic rules once you become a VAT vendor: · Find out which VAT cycle applies to your business and submit your VAT...
- 2 min
When to register Your Business for VAT? - VAT P1
What is VAT? VAT was introduced in South Africa in September 1991, replacing a pre-existing regime known as the General Sales Tax (GST)....
- 3 min
How to Create a Business Budget
Taking the time to create a comprehensive budget may seem like a lot of work, but it will help you to unlock the financial insights you...
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