by Simone | Aug 18, 2020 | Business, Cloud Accounting, Company
Tags: Accounting, Business leaders, Payroll Reading Time: 4 minutes Earlier this month, we discussed the business rescue process and the circumstances when this would be appropriate for a business in a position of financial distress. In the case of a company unable to...
by Simone | Mar 31, 2020 | Company, Company Services
Tags: Compliance, Personal liability Reading Time: 8 minutes Directors could be subject to criminal sanctions like fines, jail time, and even disqualification from serving as a director in future, if they have failed to perform their duties. However, these duties and...
by Simone | Feb 13, 2019 | Business, Company, Finance
Tags: business growing, Financial Director Reading Time: 3 minutes 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...
by Simone | Feb 6, 2019 | Business, Company, General
Tags: business growing, Entrepreneur Reading Time: 3 minutes 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 try to hide. When...
by Simone | Nov 28, 2018 | Business, Company, Finance
Tags: DSO Reading Time: 3 minutes 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 need to spend additional time...
by Simone | Jun 14, 2018 | Company
Tags: Common law, directors, fiduciary Reading Time: 5 minutes In terms of the common law, the fiduciary duties of directors require that a director acts in good faith and in the best interests of the company. This includes: without limitation avoiding conflicts of...