Latest News

February 13, 2019

Thinking about employing a part-time Financial Director (FD)? Here’s what to expect:

For most SMME’s, employing an inhouse Financial Director is simply not affordable or practical. However, smaller businesses that want to scale their company might still require the guidance and services […]
February 6, 2019

Why failure is such an important part of success

When thinking about failure, people most often see it in a negative light. Unfortunately, society has deemed failure as something that one should be ashamed of, something that one should […]
November 28, 2018

How to overcome delayed payments, and prevent it from happening again

SMME’s regularly face cashflow problems due to late or non-payments from customers. Late payments do not only influence your cashflow, but also your monthly finances. Due to unpaid accounts, employees […]
June 14, 2018

WHAT ARE A DIRECTOR’S FIDUCIARY DUTIES?

Fiduciary duty of good faith In terms of the common law, a director’s fiduciary duty means that a director acts in good faith and in the best interests of the […]
December 8, 2016

MMS Joins Alliott Group to Extend Services to the International Market

Dear Reader, MMS, one of Johannesburg’s Top 10 auditing and consulting firms, has been appointed as the local representative member firm in Johannesburg for the Alliott Group. With over 165 […]
September 28, 2016

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 […]
October 26, 2015

Minutes of board meetings

Board meetings and the decisions made during these meetings may be determining for the effective functioning of a company. Clients are therefore reminded of the legal requirements relating to board […]
August 12, 2015

Cost management: 7 tips for cutting business expenses

It is important for every business owner to make a maximum profit, both through sales and by maintaining strict financial discipline within the company. Implement sound practices from the start, […]
July 22, 2015

What’s the buzz about business rescue?

If a company/close corporation is in financial trouble and all possible avenues to save the business have been exhausted, there is one last option available to save the business: it […]