Small Business

Planning Your Cash Flow Budget

Planning Your Cash Flow Budget

An essential part to any business plan is the Cash Flow Budget.

This involves planning out the income and expenses you’re expecting from your business; it’s really important because you need to have a guide or something that you can work to. Also, when you’re providing business plans to banks and other financial institutions, they would like to see how you’re actually going to make money, and if it’s going to work out with business. Now, it’s important when doing a cash flow budget that you are realistic — it’s very easy to overestimate your income and underestimate your expenses — so one key thing is to be realistic.

Larger Corporations Are Becoming Increasingly Slow Payers: Here’s how to lessen the pain!

Larger Corporations Are Becoming Increasingly Slow Payers: Here’s how to lessen the pain!

We are seeing a growing trend experienced by our SME clients whom provide services to large companies, this is the large corporations are pushing out their payment terms. We have seen one that now pays in 60 day terms and another that has switched its terms form 30 Calendar days to 30 Business Days. This …

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How To Choose A Business Name

How To Choose A Business Name

So you’ve decided to start a business and you’ve decided what service or product you’re offering. The next thing to do is choose your business name! Your business name is so important because that’s the first impression you give the people you’re going to deal with…your customers, your suppliers…everyone! Your business name should tell a …

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Tax Planning

Tax Planning

As a business owner you have forgone the security of steady employment to follow your passion and control your destiny. You are taking a risk and therefore you should be rewarded, one such reward is the ability to legitimately minimise your tax with tax planning. There are many ways that your tax can be minimised …

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