Category Archives: Uncategorized

Having CSR Projects is compulsory for every business irrespective of the company size or age this is my view. I will mention at least 3 reasons in hope to encourage all SMEs to join force. Through my business engagements many think this practice is only good for Big companies and they therefore dismiss the ideaContinue reading “WHY CORPORATE SOCIAL RESPONSIBILITY (CSR) PROJECTS ARE A MUST FOR SMEs TOO”

Question: A potential client and business owner, referred to me by a good friend, has been registered for VAT since 2008 and yet has never submitted his Company VAT schedules. Now he wants a Tax Clearance Certificate from SARS and he cannot get it as he just found out that he owes SARS 45K. Dee,Continue reading “COMPLIANCE – VAT MATTERS”

Q: I run a small business and have about five employees working for me, i always struggle with the issue of submission especially on the Payroll side. A: You will always struggle with your Payroll Compliances for as long as proper bookkeeping is not in place. Especially if deductions has to be made from yourContinue reading “​A QUESTION WAS POSTED TO ME – PAYROLL”

A QUESTION WAS POSED TO ME – Goods Supply. The question is from a client who sells African costumes and accessories, and now has the opportunity to sell in bulk to shops. Q: Hi Dee. Is it a good idea to supply the same things to different shops? Do I need to disclose to theContinue reading “A QUESTION WAS POSTED TO ME – Goods Supply. “

Even in business one need to follow or adjust to certain rules or manner of doing things, because this guidelines may assist in opening opportunities for us. Those that we do business with will be patient with us, be willing to listen to what we are to propose or say because we would have presentedContinue reading “BUSINESS ETIQUETTE”

The one thing that makes life so interesting and joyful is failure. Honestly this life thing was not going to be fun if in all that we do goes smoothly all the time. As challenging as it is, humankind must learn how to deal with failure. Failure is not as bad as we perceive itContinue reading “Business Practicalities No.4 – The Art of Surviving Failure”

A business is brought to life by an individual/s. As you are starting the company you must fulfill the roles and perform the duties of all the various positions in your company departments. You become the CEO, Marketing Manager, Public Relations Manager, etc all at same time. This is because due to lack of fundsContinue reading “BUSINESS PRACTICALITIES No.3 – Organizational Culture”

What do we do after registering our Companies? A business starts with an idea. Then you gather equipments and resources such as Capital or Material needed to start trading , but before trading , we are required to register this business idea. We register with CIPC ( Companies and Intellectual Property Commission ) formerly known as CIPRO.Continue reading “BUSINESS PRACTICALITIES No. 2 – Basic Compliance”

The four upcoming Blogs will serve as awareness or an alert to fellow Business Owners, Entrepreneurs, etc of some factors to avoid doing in order to allow progress and growth in their Businesses. This series of Blogs are inspired by some information we came to learn about through our Bookkeeping Fundamentals Workshops.   We haveContinue reading “BUSINESS PRACTICALITIES No.1 – Invoicing and Bank Account”

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”