Many of our clients are entrepreneurs bravely navigating the complex South African business landscape. Our aim is to support our clients in gaining control over their business’s financial side. In this short video, you’ll see why this approach has become part of who we are and what we offer, as Cronjé & Cronjé founder Franco […]
Your business is a combination of different processes coming together. The better you get these processes to work together, the better your business will perform. Business is not a micro-organism that can be left alone to multiply, expand and evolve on its own. Business is something that has to be nurtured, worked on and improved […]
When and Why a Business Plan is Necessary Yikes, really? A business plan? You must be kidding me. Who still takes time and effort spending hour upon hour scribbling down some details which are bound to change and will most probably never see the light of day? Especially in a world where change is constant […]
Selling your product or service on credit results in debt that are owed to you. If you sell on cash on delivery (COD) then you will not have any outstanding debts or risk of debts not being recoverable. Always try and mitigate the chances of having to provide credit to your customer or client, even […]
Wow, what a serious topic but let’s not get too technical here but rather give a brief overview of the more pertinent issues relating to taxes. You or your company are taxed on your net profits. In other words: sales less expenses. This sounds easy enough however it is much more involved and technical than […]
Here are four good reasons why you should keep records: 1. Preparing tax returns for SARS All businesses are required to register for tax and submit tax returns during the year. For sole proprietors and most companies, the tax year runs from 1 March to 28 February each year. Companies can however change their year-end […]
So, you’re looking to start up something official, but which type of legal entity would be best suited to contain the magic? Here’s your options and a bit about each:
Except for some fear, which is normal, and subsequent adrenalin there are no legal obligations when you are planning to become self-employed. The safety net is gone. No salary at month-end. It is you and you alone who are now responsible for bringing in the sales and paying the bills. If you shy away from […]