by Simone | Feb 6, 2019 | Business, Company, General
Reading Time: 2 minutes Reading Time: 2 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 someone...
by Simone | Nov 28, 2018 | Business, Company, Finance
Reading Time: 2 minutes Reading Time: 2 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...
by Simone | Jun 14, 2018 | Company
Reading Time: 4 minutes Reading Time: 4 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 interest, not...
by Simone | Sep 28, 2016 | Company
Reading Time: 2 minutes Reading Time: 2 minutes 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 exercise all of the powers and perform any of the...
by Simone | Oct 26, 2015 | Company
Reading Time: 2 minutes Reading Time: 2 minutes 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 meetings as stipulated...
by Simone | Aug 12, 2015 | Company
Reading Time: 2 minutes Reading Time: 2 minutes 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, and you will reap the...