Rethinking Business Rescue Before It’s Too Late “This business is killing me.”It’s a line I’ve heard more times than I can count—quietly admitted in a moment of exhaustion, frustration, or blunt honesty. But what comes next often says more: “It’s just a rough patch.”“I’ve been through worse.”“I’ll find a way.” And maybe you will. Maybe […]
Not Every Fight is Worth Winning Alone Read More »
Entrepreneurship requires a unique blend of resilience, creativity, and strategic thinking. While these qualities are essential, having the right support in the areas of financial management and business strategy can significantly enhance your chances of success. As a business turnaround and client accounting expert, I offer services designed to provide entrepreneurs with the solid foundation
What It Really Takes to Be an Entrepreneur – with the Right Support Read More »
Transforming a one-person service business into a sellable asset requires a strategic approach. Key steps include focusing on core strengths, building a strong professional network, and forming strategic partnerships. Investing in talented employees and documenting formal systems and processes are essential for scaling and creating value. By aligning with the right investors or equity partners,
Turning your services business into an asset of value Read More »
Starting a new business can be challenging, especially when it comes to understanding tax obligations. Sage has prepared an invaluable guide to help new entrepreneurs navigate the complexities of tax compliance in South Africa. From choosing the right business structure to managing provisional tax and deductible expenses, this guide covers everything you need to know
A comprehensive tax guide for new businesses in South Africa Read More »
Many small business owners view their businesses as their main retirement nest egg, but relying solely on selling the business or passing it to family for retirement income can be risky. Read more on News24 by following this link. Why your business should not be your retirement plan | Business (news24.com) Contact US
Why your business should not be your retirement plan Read More »
As a business owner, it’s crucial to ensure that your financial management practices are robust and reliable. Ask yourself the following questions to evaluate your current situation. If any of your answers are “no,” it’s time to consider our Client Accounting Services (CAS): – Are your financial records always accurate and up to date? –
The Case for Client Accounting Services: Questions Every Business Owner Should Ask Read More »
As organisations develop, they face many challenges. One of these is implementing the right level of control. This requires paying attention to behaviours, systems, structures, cultures, and procedures. What is the right level of control? In the beginning phases of a company control systems are not high priority. The energy of the founders drives the
Getting the right level of control Read More »
Entrepreneurship is a diverse landscape, encompassing various types such as visionary, social, serial, tech, solo, and mompreneurs, each with its own set of characteristics, industries, ownership structures, and scale. However, when it comes down to it, entrepreneurs can generally be categorized into three distinct styles: containing, diverting, or growing. Each style brings unique characteristics and
What Type of Entrepreneur Are You? Read More »
In the world of business, challenges and setbacks are inevitable. However, it is how we respond to these challenges that can make all the difference between success and failure. As a seasoned business rescue practitioner, I have encountered numerous cases where companies only sought assistance when they were teetering on the edge of collapse. Through
Recognising Signs of Business Distress and Taking Timely Action Read More »
South Africa’s informal economy has grown significantly, attracting JSE-listed companies seeking new revenue streams. This sector, crucial for job creation and supplementing incomes, has an average monthly income of R4,199, higher than the national average. Valued at around R750 billion, it is dominated by spaza shops and superettes. Property companies and retailers like Shoprite and
South Africa’s Informal Economy Attracts JSE-Listed Companies Amid Strong Growth Read More »
