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Your products are popular, your growth has been quick. You’ve got a booming business in South Africa, and you’ve reached that tipping point. You’ve decided to go global. Global business expansion is on the dream list of most, if not every company in the world. There’s something thrilling about the thought...
It’s an oft-repeated maxim that small businesses should be the backbone of the South African economy.  Small businesses should contribute to about 60% of our country’s economic output, and are generally regarded as the point of hope for future employment in the country, being more capital intensive than large companies...
We’ve all received those phone calls: a young, hopeful-sounding voice identifies herself and says she’s aware that you currently hold position X at company Y. You begin to wonder how she knows this, but your musings are interrupted by her curt interjection: “Would you be interested in applying for another...
Louis Sullivan was a gifted architect living in the USA near the end of the 1800s. Before Sullivan’s time, multi-storey buildings in the US had relied on weight-bearing walls to carry the loads of the additional storeys. This meant huge strain on the lower levels of the buildings, the need...
As an SME, your business faces several challenges. There’s the challenge of keeping your cash flow regular and healthy. There’s the challenge of red tape around labour laws, employment equity and BEE requirements. There’s the challenge of being overly reliant on a few single clients for income. But most of...
At first, your business was a struggling start-up. Cash flow was tight and paying the bills every month was a balancing act. But hard work and perseverance paid off, and after a while, money began to flow in steadily. You’ve become established in your market. Demand has continued to grow....
How you reacted to Finance Minister Nhlanhla Nene’s maiden budget speech near the end of February would have depended on who you are. As a personal income tax payer, you may have been disappointed to hear that tax in this bracket was increased by 1% for all except those falling...
A google search will reveal that the position of chief financial officer is one that is highly sought after. Each year, thousands of hopeful young students enroll as accounting students with the aim of one day filling that role. In the business world, the position of chief financial officer remains...
Doing finance in today’s corporate world means facing an environment that is quite different from the corporates of past decades. As such, today’s financial director needs to gear up for the specific challenges they will face. Their choices are now more informed than ever before, having access to more information...
