You are here:   Home | Business Resources | Finance

Finance

Print PDF

Finance

Articles

FinFind Business Finance Network

Growing a business requires finance. But it is also a matter of raising the right kind of finance, getting good advice, and understanding what financial institutions require. Without these, the prospect of propelling small businesses forward is reduced.

 

The definitive South African guide to small and medium enterprise (SME) finance, finfind is a unique information product, a catalyst for business advisors to help SME Owners understand what their business needs are, and how to access and apply for finance through a step by step decision-making process.

 

Attention SME owners

Do you need advice or finance to move your business forward?
If you have a financing need of R250 000 or more, a finfind consultant can help you!

Login To Read More
 
Investors Network

www.investorsnetwork.co.za

 

InvestorsNetwork.co.za is platform and meeting place for South African Entrepreneurs and Investors. The business provides both face-to-face networking meetings in Johannesburg, Cape Town, Durban, Bloemfontein and Port Elizabeth as well as on-line networking facilities. The network was founded by a group of South African Entrepreneurs frustrated with the lack of availability of such services in the country.

 
Thinking About Your Gross Profit

Here is an example of knowing the numbers and focusing on GP%.

Download the Article

 
New small business agency Sefa gets R780m boost

Article from BuaNews - 24 April 2012 - www.buanews.gov.za

 

Small businesses will get a capital injection of over R780m, with the signing of an agreement between the China Development Bank and the Industrial Development Corporation (IDC) and the Minister of Economic Development Ebrahim Patel.

Read more...
 
SMME funding and finance incentives

http://www.smmeincentives.co.za/

 
Top 10 Mistakes made by Professional Accountants

This article is reprinted with permission from Professional Accountant, published by Future Publishing


Technical Executive at SAIPA, Faith Ngwenya recently spoke to a number of Professional Accountants in the industry to reveal some of the most common mistakes practitioners make. She reveals the top 10 mistakes – and how to avoid them – below.

Login To Read More
 
Filing Personal Income Tax Returns – 10 Things to Remember

This article is reprinted with permission from Professional Accountant, published by Future Publishing

 

Ettiene Retief, Chairman of Tax Committee, SAIPA

 

The 2011 filing season commenced from 1 July 2011. Income Tax Returns for individuals and trusts, for the 2011 year of assessment (1 March 2010 – 28 February 2011), will be due by:

 

·         Return is filed manually: 30 September 2011;

·         Return is filed electronically (eFiling): 25 November 2011; and

·         Return is filed electronically (eFiling) for a provisional taxpayer: 31 January 2012.

 

The following 10 things to remember regarding the completion and filing of the 2011 personal and trust income tax returns:

Login To Read More
 
10 Characteristics of a Professional Accountant (SA)

This article is reprinted with permission from Professional Accountant, published by Future Publishing

 

Getting in touch with your soft side…

Kerry Dimmer

 

Your numbers are good, so too your qualifications but aspiring to becoming a ‘great’ Professional Accountant requires more than technical ability.  Kerry Dimmer uncovers 10 soft skills that will help define you as exceptional.


Soft skills are the people, social and interpersonal abilities that when well-developed enhance the quality of our business relationships. These abilities relate to self-development, self-management and self-awareness. We reflect these in our personality, our attitude and behaviour.

Because soft skills are intangible they are difficult to measure. It’s the X-factor that makes you shine and is both attractive and enviable.

 

Tobie Oosthuizen is the national training director of BDO, an audit, advisory and tax company, and Stefan Bezuidenhout, a lecturer in the department of accounting at the University of Pretoria. Both agree that the soft skills of the accountancy profession need attention.

 

Bezuidenhout says that the academic programme is already so full “that there just isn’t enough time to expand a student outside of the realm of hard skills”, so the onus to develop soft skills generally falls to the individual. Few companies offer in-house soft skills training however BDO is the exception, having created internal programmes that focus on employees aspiring to leadership.

 

The following are key X-factor dynamics that you may be lacking:

Login To Read More
 
VAT - Some of the Requirements

“Who here loves the VAT man?”  That is a question that I ask on a regular basis.  Sadly though, more often than not, mine is the only hand that goes up.  It is definitely a mind set that needs to be changed if we are to make the best use of the concessions that SARS gives us.  That said, here are a few tips in terms of what must be done regarding the VAT requirements. 

Login To Read More
 
Business Tips - Managing Your Business in Tough Times

For me, if you have lost control of your finances, then you have lost control of your business.  I think that most people, when they think of business finances, they think it’s all in the books and whilst I agree with that on some level, I also want to make it very clear that the books are ‘reactive.’  By that I mean that they are ‘in the past’!  What is contained in your books has already happened. Cash flow on the other hand governs what is happening right here and right now. 

Login To Read More
 
Business Tips - Bookkeeping and Financial Year End

Your bookkeeper/accountant should ensure that you are properly registered – not only as a company but with all the different legislative bodies that you need to be registered with.  You don’t automatically have to be registered with all of them as some of them are industry specific. 

Login To Read More
 

 

 

Contact Details


Business Engage
National
Colleen Larsen
Cell: +27 84 353 9865

Contact us online

Connect with us


Connect with us via a selection of popular social media, networks and other platforms.

Submit to LinkedIn Business Engage
Submit to LinkedIn @businessengage
Submit to LinkedIn LinkedIn

About Us


Business Engage is an exciting and inventive South African based organisation at the forefront of strategic thinking on gender mainstreaming in the private sector. The aim of Business Engage is to enable individuals (both men and women) and companies to maximise their growth and profits through its diverse offerings that include networking, mentorship, training, collaboration, entrepreneurship development and support.

Read more...