While it may not sound glamorous compared to pitching investors or building your product, proper bookkeeping is one of the strongest signals of professionalism, discipline, and credibility. It’s often the silent deal-maker (or breaker) when it comes to funding applications, investment rounds, and even grant approvals. Let’s unpack why bookkeeping is such a powerful tool in your startup funding journey.

When you're in the early stages of launching a startup, it's common to wear multiple hats—founder, marketer, customer support, and yes, bookkeeper too. But as your business grows, managing your finances can shift from being a DIY necessity to a serious roadblock in your growth journey. So how do you know when it’s time to bring in a professional? Here are six clear signs that your startup is ready for a professional bookkeeper or accountant:

Congratulations on successfully registering your company with the Companies and Intellectual Property Commission (CIPC)! This pivotal...

As an accountant, I see a lot of business owners trying to grow their businesses without knowing their numbers. It’s just not going to...

Download our company workbook below which includes an income statement and balance sheet as well as tabs to assist you to complete your...

1. Keep an accurate record of revenue and expenses You can draw up these records by way of a simple spreadsheet based on your invoices...

Download below, your excel spreadsheet to be used for your small business record keeping. This workbook is intended for sole proprietors,...

Download our checklist below for a list of documents that we will require in order to complete your company financials and submit your...

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...

“Building wealth is not sexy; it’s boringly consistent. Your daily principles are what grows your net asset value.” 1. Employment Tax...

While each company has its own set of key performance indicators (KPIs), there are some common KPIs that every small business should be...

A profit & loss statement (P&L aka income statement) is a financial report that shows your total income, total expenses and net income...

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...

Here are 4 ways to start taking your business seriously: 💸 Register your business. Protect yourself + your personal assets by getting...

Trying to DIY your bookkeeping? You NEED these four things 👇🏻 ✓ A separate bank account... running expenses through your personal...

Three unnecessary start-up expenses When you’re a new entrepreneur who’s being extra mindful of your bottom line, not all start-up costs...

Bookkeeping vs Accounting: what’s the difference? Many new entrepreneurs wonder whether there is a difference between bookkeeping and...

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...

What is VAT? VAT was introduced in South Africa in September 1991, replacing a pre-existing regime known as the General Sales Tax (GST)....

It’s the moment we dread – that big invoice we needed to be paid on time hasn’t been paid and now we are panicking as there are bills...