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...
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2 min
Signs of Overtrading and how you can fix it
Have you heard of the term "overtrading"? and do you know what it means? Overtrading is when a business expands too fast without the...
2 min
Learn and Grow - Three Business Tips
It might seem an odd thing to say "There's no such thing as failing in business" but there isn't. I'm not talking about businesses...
3 min
Accounting advice for small business growth and cash flow
“Building wealth is not sexy; it’s boringly consistent. Your daily principles are what grows your net asset value.” 1. Employment Tax...
4 min
5 KPIs that every Small Business should measure.
While each company has its own set of key performance indicators (KPIs), there are some common KPIs that every small business should be...
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...
1 min
Doing your own bookkeeping? Here's what you need to know
Trying to DIY your bookkeeping? You NEED these four things 👇🏻 ✓ A separate bank account... running expenses through your personal...
3 min
10 ways that our Accounting Services will Add Value to Your Small Business
Everyone wants an accountant’s help when tax season strikes. Few people, however, know the kind of value HM Accounting can add outside of...
4 min
Pricing Correctly: A path to running a profitable business in 2022
We have seen considerable changes in customer behaviour as challenges such as the pandemic, the unrest in July, and rolling blackouts...
8 min
How to write a Business Plan
A wealth of data now exists on the difference a written business plan makes, especially for small or growing companies. In this post,...
3 min
Top 10 Things You Must Do When You Own Your Own Service Business
1. Do You Look Like a Professional or Freelancer? When you refer to what you do professionally, I recommend saying, “I’m a professional...
3 min
Is your small business ready for tax time?
Tax for small businesses in South Africa Tax isn't at the top of many entrepreneurs' to-do list. There are plenty of other things that...
2 min
Understanding Margins
In this article we will be looking at some basics around margins, helping you to understand your financials better. Let's start with a...
3 min
Is your Small Business ready for Tax Time?
For many entrepreneurs, tax is not at the top of the to-do list. Deadlines may seem like a long way off, and there are plenty of other...
2 min
Business Basics: Accounting Systems
Many small businesses do the basic administration on a day to day basis - raise the invoices, pay the bills - but the rest of the...
2 min
Business Basics: How do I calculated my Taxable Income?
In this blog post we look at what is considered taxable income for a sole trader or partnership that would need to be included in your...
3 min
Business Set Up : The Side Hustle
Thinking about starting a side hustle? Perhaps you imagine quitting your job one day to take your business full time? Wondering what you...
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