Cashflow insights In the fast-paced business world, success is often measured by a company’s ability to generate profits and grow its market share. However, effective cash flow management is an equally crucial, yet sometimes overlooked aspect of maintaining a thriving enterprise. Cash flow management is about ensuring that your business
Navigating Financial Success Your guide to setting up a Business Budget In today’s dynamic business landscape, effective financial planning is essential for success. A business budget serves as a roadmap for managing your finances, helping you allocate resources wisely, identify growth opportunities, and navigate potential challenges. Setting up a business
Accounting firm The Beancounter would spend as much as three months to make one accountant hire. Managers had to put a considerable amount of time to evaluate suitable candidates before making a hire. This, however, changed when the company started making use of one-way video interview software Wamly which cut
Companies and small businesses in South Africa and around the world have been forced to adapt to the ever-changing operating environment around Covid-19, and restrictions in place to slow down the spread of the virus. In a bid to help local companies adjust to this new reality, and be fit
We’ve put together a simple cash flow monitoring tool to stay on top of your cash position. This template was created by The Beancounter for all small businesses to use free of charge. If you are a client of The Beancounter and need any additional support, please contact your account
All companies with a February year-end need to submit their second provisional tax returns at the end of this month…
We know it’s been a long year, but there’s one last item you need to add to your company’s new year’s resolution list: Business collaborations. Don’t stress – we get that everyone’s operating in survival mode to make it through the last stretch of 2018. So in our final post
Over the last year, the National Treasury has been keeping busy. Some of the changes included amendments to legislation relating to trusts and donations tax. This was introduced in section 7C of the Income Tax Act. In this blog post, we run through the highlights to avoid stepping into a nasty tax
Whether to use an in-house or outsourced accounting team is an age-old debate. We’ve wrote about it in the past and we still hope more business owners take the time to weigh their options. The true value of an outsourced accounting team is a way under-rated and an untapped resource
Shareholders and directors need to familiarise themselves with the implications of having a director’s loan account in their companies. Especially – when the balance sits on the wrong side of the trial balance. The colourful SME landscape in South Africa is characterised by many thriving entrepreneurial enterprises. Astoundingly, these successful
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