Category Archives: Business

KEEP YOUR BUSINESS GROWING

Having a successful business means ensuring that it continues to grow. Without growth, your business will eventually run dry and stagnant. But with the added responsibility of maintaining your business and keeping things running smoothly, it can be difficult to … Continue reading

Posted in Business | Tagged , , | Comments Off on KEEP YOUR BUSINESS GROWING

ACCOUNTING: BEST PRACTICES FOR SMALL BUSINESSES

When it comes to looking after the welfare of a business, accounting tops the list as being the most important. Without proper accounting, a business runs the risk of losing everything. The following are a few best practices that are … Continue reading

Posted in Business | Tagged , , | Comments Off on ACCOUNTING: BEST PRACTICES FOR SMALL BUSINESSES

FIVE TIPS FOR MANAGING YOUR SMALL BUSINESS PAYROLL

Payroll is typically the number one concern for many small business owners worried about getting it right. But it needn’t be difficult – here are 5 top tips to make payroll easier. Know your big deadlines Dealing with accounting deadlines … Continue reading

Posted in Business | Tagged , , | Comments Off on FIVE TIPS FOR MANAGING YOUR SMALL BUSINESS PAYROLL

Board members can be held accountable for company losses

The recent resignation of Eskom board chairperson and non-executive director, Ben Ngubane, has once again shone a spotlight, not only on governance at the embattled power utility, but also on the role board members and directors play in their respective … Continue reading

Posted in Business | Tagged , | Comments Off on Board members can be held accountable for company losses

SO, YOU WANT TO START A BUSINESS? FIRST CONSIDER THE FOLLOWING FACTORS

Often people say wistfully “I wish I had my own business”. Some of them take it further and decide what kind of product or service they will offer. A last few go as far as putting pen to paper to … Continue reading

Posted in Business | Tagged , , | Comments Off on SO, YOU WANT TO START A BUSINESS? FIRST CONSIDER THE FOLLOWING FACTORS

REMOVING DIRECTORS OF A COMPANY

The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which has the authority to exercise all of the powers and perform any of the … Continue reading

Posted in Business | Tagged , , | Comments Off on REMOVING DIRECTORS OF A COMPANY

FINANCIAL ASSISTANCE TO DIRECTORS

A company lending money to its directors may not be as simple a process as it may initially appear to be – not even in the case of so-called “one-man” companies. There is various requirements in the Companies Act, 71 … Continue reading

Posted in Business | Tagged , | Comments Off on FINANCIAL ASSISTANCE TO DIRECTORS

DIRECTORS’ DUTIES

Most individuals involved in the business sector consider it an honour to be appointed a director of the company with which they are involved. And so they should. Prospective company directors need, however, to be aware of the awesome duties … Continue reading

Posted in Business | Tagged , , | Comments Off on DIRECTORS’ DUTIES

BUSINESS ETHICS

There is a misconception that if a business complies with all legal requirements, it also has good business ethics. However, legal compliance does not automatically equate to morally sound business practices. A member of management or an employee’s conduct may … Continue reading

Posted in Business | Tagged , , | Comments Off on BUSINESS ETHICS

10 FINANCIAL TIPS FOR SMALL BUSINESSES

In the current economic climate effective management of your business’s finances is more important than ever. The following tips will assist you in managing the finances of your business effectively: Keep a record of your transactions Be sure to always … Continue reading

Posted in Business | Tagged , , | Comments Off on 10 FINANCIAL TIPS FOR SMALL BUSINESSES