Author Archives: Matsobanemetja Business Consulting

VAT – UNDERSTANDING WHAT IT MEANS AND IT’S IMPLICATIONS

VAT is another type of TAX of which anyone as the consumer living in SA pays. But in business you may only register for it when your business is making up to 50K per annum and over. During my interactions with business owners through our Bookkeeping Fundamentals Workshops or Client Consulting, i have observed thatContinue reading “VAT – UNDERSTANDING WHAT IT MEANS AND IT’S IMPLICATIONS”

YOUR COMPANY ‘S CASH FLOW IS CAPTURED

I am sure by now you already know that the Funding Institutions or Investors do require either your Financial projections or the actual ones if you are trading already before they can assist you. You might know the reason for this but i just wanted to share with you as to what exactly matter toContinue reading “YOUR COMPANY ‘S CASH FLOW IS CAPTURED”

A LIABILITY IS A COMPANY ‘S FINANCIAL DEBT ,YOUR COMPANY ‘S OPERATION SHOULD NOT BE FULLY DEPENDENT ON INCURRING DEBTS

It is understable that most of us start our businesses by acquiring debts in the name of Capital, Loans, Fundings, etc. But be careful not to fall in the trap of religiously acquiring this debts for your business to operate because it can’t be how wealth is built. Capitals, Loans, etc are classified as Liabilities,Continue reading “A LIABILITY IS A COMPANY ‘S FINANCIAL DEBT ,YOUR COMPANY ‘S OPERATION SHOULD NOT BE FULLY DEPENDENT ON INCURRING DEBTS”

WHO IS MORE IMPORTANT FIRST IN YOUR BUSINESS? CUSTOMERS OR EMPLOYEES?

A Business exist for clients and because of them. Without them, we have no business. Otherwise who are we going to service? No one.  But the problems don’t begin with customers. They start with you and your employees. When customers expect a fantastic experience but receive a third-rate one, you can lose them forever.I personallyContinue reading “WHO IS MORE IMPORTANT FIRST IN YOUR BUSINESS? CUSTOMERS OR EMPLOYEES?”

WHICH ONE IS BETTER? STARTING ALONE OR WITH SOMEONE?

Personally i will always advise to start on your own first before you take the decision to share ownership with someone. My reasoning is also backed up by the experience. I witnessed so many conflicts between shareholders or partners ever since my practise. Companies have been dissolved as a result. Business is not easy, whetherContinue reading “WHICH ONE IS BETTER? STARTING ALONE OR WITH SOMEONE?”

HOW SHOULD I PAY MYSELF AS A SMALL BUSINESS OWNER

Common practice will be that you pay yourself the salary that you are worth based on either your talent, merit, market or experience you have in your chosen field. But in reality this is not the case because the new business does not afford you. So how do i calculate my salary? A business ownerContinue reading “HOW SHOULD I PAY MYSELF AS A SMALL BUSINESS OWNER”

THINGS NOT TO SPEND MUCH TIME DOING IN THE NAME OF BUSINESS

Starting a Business is never an easy thing, it is a very challenging and lonely journey simply because how our friends started does not mean if we follow suit we will be as lucky as them. Getting clients, signing deals, getting capital, funding and getting some recognition has never been an easy exercise and unfortunatelyContinue reading “THINGS NOT TO SPEND MUCH TIME DOING IN THE NAME OF BUSINESS”

Time is of great value in the life of an Entrepreneur

Dear Entrepreneurs Let’s talk about Time. In my two years in Business there is  nothing as precious  and valuable  as time. I have learned that who you spend most of your time with, where and how shapes you and the business. The sucess of your business is determined by your time spending. A true entrepreneurContinue reading “Time is of great value in the life of an Entrepreneur”