Management Accounts: A Strategic Tool for Business Success
Up-to-date management accounts can track performance, reveal trends and highlight opportunities, ultimately enabling better decisions and stronger growth.
Adapt or Suffer: How to Keep Your Business Afloat in a Changing Climate
Climate change is real, and failing to prepare is guaranteed to have devastating consequences. According to the World Economic Forum, climate-related risks are now ranked among the most severe global threats to business stability, and every business will need to take steps to minimise the impact.
Salary Sacrifice: Why Founders Should Always Pay Themselves
Many founders believe that sacrificing their own salary is a noble way to keep the lights on.
VAT Modernisation SA: Guiding Businesses Through South Africa’s Real-Time VAT Transition
South Africa is on the path to a real-time VAT reporting system, with full implementation expected by 2028. This will see a shift away from periodic self-reporting toward e-invoicing and direct, automated data transmission to SARS.
Static VAT Threshold is Placing Administrative Strain on Small Businesses
South Africa’s VAT registration threshold has remained unchanged at R1 million in annual turnover since 2009. In the intervening years, inflation has eroded the real value of this threshold. If it had been adjusted annually, analysts estimate it would now be closer to R2.1 million.
The Emotion-Based Money Decisions That Could Be Costing Your Business
Many entrepreneurs assume business finance is all about pure logic. But behavioural research tells us a completely different story.
What's the Difference Between a Bookkeeper and an Accountant?
If you want to scale your business, you need to know the numbers. But many entrepreneurs still treat financial roles like interchangeable parts. “I’ve got a bookkeeper, so I’m covered,” they say. Worse still: “My accountant only helps me with my taxes”.
How AI Can Streamline Administration and Accounting in SMEs
Small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to cut costs, improve efficiency, and reduce administrative burdens. From automating invoices to predicting cash flow, AI is reshaping the way smaller businesses manage their back offices.
CIPC Automates Reinstatement Applications for Companies and Close Corporations
The Companies and Intellectual Property Commission (CIPC) has launched a fully digital process for reinstatement applications for companies and close corporations, marking a significant step toward modernising business services in South Africa.
Business Hack: How to Better Define Your Target Market
Failing to understand your ideal customer, wastes time, energy and resources. According to a report by CB Insights, 42% of startups fail because there is no market need. In other words, many companies are failingsimply because they didn't define or validate their target audience properly.
How Funding Budget 3.0 Will Impact You: Project AmaBillions
The scrapping of the proposed VAT increase in Budget 3.0 resulted in a budget shortfall, necessitating alternative sources of funding.
AI Revolutionizes Operations in SMEs: A Game-Changer for Growth and Efficiency
In a rapidly evolving digital landscape, small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to streamline operations, enhance customer experiences, and drive growth. Once considered a luxury reserved for large corporations, AI technologies are now more accessible and affordable, enabling SMEs to compete on a more level playing field.
Youth Day: How Businesses Can Benefit from the ETI
Youth Day on 16 June is a great time to consider the advantages of employing young people in your business – and to find out how SARS’ Employment Tax Incentive (ETI) can assist your company to do this at a reduced cost.
5 Tips for Helping Your Employees Through a Crisis
As a business owner, at some stage you will inevitably be asked to help an employee through a crisis in either their personal or professional life. How you respond to their bereavement, financial difficulties or workplace meltdown, will directly affect your other employees and your company culture.
Zen and the Art of Fostering Job Stability in an Uncertain World
Today’s work environment is fast-paced, unpredictable and ever-changing. Between the gig economy, retrenchments and the transformations brought about by AI and other technologies, studies are now showing that the traditional 9-to-5 job is no longer viewed as being a stable way of life.
This Workers’ Day, Look After Your Business' Greatest Asset
Workers’ Day acknowledges the contributions of workers and recognises the importance of upholding their rights. But celebrating workers is not just a government initiative. It’s a forward-thinking approach to labour relations that is increasingly embraced by progressive companies around the world.
The 5 Cognitive Biases That Could Sink Your Business
Running a business requires leaders to make hundreds of decisions each year. Some of these are small and inconsequential. But others have the power to affect the company’s future, determine the happiness of its customers and impact the lives of all its employees.
5 Tips for Using Reviews to Boost Your Business
In the history of business, little has been as effective in making or breaking sales as customer reviews. With Google now placing increasing relevance on tracking and promoting companies with genuine good reviews, this has never been truer than it is now.
SMEs Embrace AI to Boost Efficiency and Competitiveness
Small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to enhance their operations, improve customer experiences, and stay competitive in a rapidly evolving market. A recent study published in the Journal of Business Management highlights the key AI applications being adopted by SMEs and the challenges they face in implementation. The findings reveal that while only 28% of SMEs have integrated AI solutions, those that have are seeing significant benefits.
The use of AI in SMEs
Artificial Intelligence (AI) is revolutionizing the way small and medium-sized enterprises (SMEs) operate, offering numerous opportunities to enhance efficiency, improve customer experiences, and stay competitive. Implementing AI in SMEs can seem daunting, but with a strategic approach, it can yield significant benefits.
Review of the 2025 Budget Speech
The 2025 Budget Speech addressed the economic stagnation of the past decade, with GDP growth averaging less than 2%. In 2024, the economy grew by only 0.6%, and medium-term projections estimate an average growth of 1.8%. The speech emphasized the need for faster, inclusive economic growth to meet developmental goals.
5 Things to Consider When Buying vs Leasing Equipment
As a business owner or financial manager one of the most important decisions you will make is whether to buy or lease the equipment your business needs to operate.
How to Save Big on Corporate Travel in 2025
Online meeting apps have absolutely boomed over the past few years. But in a post-COVID world, business travel is still an expensive necessity for many companies.
6 Signs it Might be Time to Pivot
The biggest benefit of small businesses is their adaptability. It’s much easier for a small business to pivot and change course when things are going wrong.