As the upcoming tax season approaches, we want to make the process less painless and a bit more enjoyable (or at least less daunting!). We’ve prepared a tax preparation checklist that will guide you through the necessary steps, minus the boring tax jargon. Let’s make taxes as painless as possible! Tax Prep Checklist # List 1 ⃣ Gather all relevant documents: 2 ⃣ Review personal details: 3 ⃣ Declare additional… Read more
Following on from our previous scaling up posts , the next MUST HAVE is keeping two separate sets of books. One for compliance or tax reporting and the other for internal management reporting – the goal of which is to simplify the numbers. Right about now you are probably thinking, how does this save me time and benefit me… “now I need to have two accounting programmes for different reasons”… 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
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