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The importance of a budget for your Business

The importance of a budget for your Business

As a business owner, it is important to have a clear understanding of your financial situation. One of the most effective ways to do this is by creating and sticking to a budget. A budget is a financial plan that outlines your expected income and expenses over a...

How to Save Money During a Struggling Economy

How to Save Money During a Struggling Economy

The current economic situation has left many people struggling to make ends meet. With rising prices and stagnant wages, it can be challenging to keep up with the bills and still have money left over for savings. However, there are ways to save money during a...

Pitfalls to Avoid in Business

Pitfalls to Avoid in Business

Starting a business can be an exciting and rewarding experience but also fraught with challenges and pitfalls. Many entrepreneurs fail to recognise these pitfalls, which can lead to the demise of their business. In this article, we will discuss some common pitfalls to...

Four ways to change the trajectory of your business

Four ways to change the trajectory of your business

A previous study published in the Journal of Enterprise Transformation (https://rb.gy/jbnrmo), discussed the various challenges entrepreneurs face during the growth of their businesses. Businesses most often don’t show any growth because of a lack of resources and the...

Simple strategies for not falling into debt

Simple strategies for not falling into debt

Debt is part of most people's financial life. But how do you avoid getting into too much debt? As a starting point, it may be wise to know how much debt is too much. The rule of thumb is that your annual debt payments should not exceed 20% of your annual take-home...

Easy guidelines to starting a business

Easy guidelines to starting a business

Most of us, at some point in life, had an excellent plan to start a business but never went through with it. The excitement of starting a new business can soon be clouded by the uncertainty of what steps to take and the fear of...

SARS Tax season changes for 2022

SARS Tax season changes for 2022

SARS has made two changes to the tax season that will directly impact taxpayers, which is vital to note. Auto assessments SARS implemented a new feature to the auto assessment process that entails that you do not need to “accept” the assessment should you agree with...

Budgeting 101: Strategies for long-term success

Budgeting 101: Strategies for long-term success

Revisiting your current spending habits and budgeting plan is essential with the constant rise in living costs. We suggest you choose a budgeting strategy based on your personal preferences and lifestyle to ensure you stick to it over the long term. The 50/30/20...

Surviving The Festive Season Financially

Surviving The Festive Season Financially

The festive season is fast approaching, and all that merry-making can be expensive. There is a lot of pressure to buy things during the holidays, and that can be stressful—and bad for your wallet. However, there are ways to ensure that you cover all your monthly...

Claiming For Your Home Office Expenses

Claiming For Your Home Office Expenses

It has become common in recent times for employers to require or permit employees to work from home after the lockdown regulations came into effect due to Covid-19. Such arrangements could be temporary or may have a degree of permanency. Persons in employment or...

The Tax Implications of Investing in Crypto

The Tax Implications of Investing in Crypto

The SA Revenue Service is quite keen on figuring out who has made money off bitcoin and similar tokens in South Africa. High-net-worth individuals, offshore investors and cryptocurrency investors have explicitly been targeted as areas likely to yield much of the extra...

Invest Smart And Save On Tax!

Invest Smart And Save On Tax!

Improving one’s financial outlook is possible when investing optimally and taking the tax implications of these investments into consideration. This is especially relevant in today’s times with the financial impact of the Covid-19 pandemic; we need to make sure that...

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