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A Deep Dive into Key Financial Ratios In our previous blog post, we introduced the significance of key financial ratios in evaluating business performance. Today, we will take a deeper dive into each category of financial ratios, providing you with actionable insights and practical guidance. Understanding these ratios will empower you to make informed decisions that drive your business’s success. Profitability Ratios Maximizing Returns on Your Efforts. Profitability ratios enable…  Read more

Understanding Key Financial Ratios for Sustainable Growth Analyse profitability, liquidity, and solvency for sustainable growth. As a fast-growing business, navigating the financial landscape can be challenging. To drive your success, it is crucial to have a solid understanding of key financial ratios and what they mean for your business. In this blog, we will explore the significance of these ratios and how understanding them can assist you in harnessing their…  Read more

Cash acceleration strategies Because cash is king, we thought we would reshare our blogpost on our useful tips on how to accelerate the flow of cash through your business. Understand your cash conversion cycle (CCC) Being able to improve how cash flows through your business requires an understanding of your cash conversion cycle. Your cash conversion cycle measures how long it takes for a Rand spent on anything (payroll, rent,…  Read more

118 Budget Summary The news flow in this year’s budget is probably best described as neutral. The good news is that SARS revenue collections were ahead of budget (as SARS collection agents we will take some credit – queue the high fives!). So, no tax increases, but in fact tax relief for individuals and businesses in the form of incentives for investment in solar generation. The bad news is that…  Read more

Let us commence by understanding and answering the following questions that are relevant: 1. What exactly is Trend Analysis? – This is a technique used to analyse an entities financial data by collecting information from multiple prior periods and using this information to generate valuable insights, to assist in understanding the past and making data based decisions to change the future. 2. What can Trend Analysis be used for :…  Read more

What does it mean to you? It could mean the freedom to follow your passion in your career daily, while being paid a fair market related salary. For our clients, it could mean freedom from the daily grind of having to do finance or admin tasks, whilst having the peace of mind that their accountant has got this! To me financial freedom means the point at which I am financially…  Read more

Why should you invest in proper accounting systems?   If the #1 weakness of growth firms is marketing, the #2 problem is accounting. Accounting is often underappreciated and if not done correctly can lead to poor decision-making.   Why should you invest in proper accounting systems?   Clear the distortions As businesses get bigger, so do the nature of the day-to-day and week-to-week transactions. For a small business, basic bookkeeping,…  Read more

Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming financial issues. It can also make you more prepared to request funding or find investors so you can bring more money into your business. Although many business owners are aware that financial planning is important, it is often overlooked. Without a…  Read more