5 top tips for managing debt in your startup

5 Top Tips for Managing Debt in Your Startup

Whether you’re launching a fintech app or a fish ’n chips shop, taking on and managing debt is an essential component in the success of most startups. As your business grows, it may be necessary to take out a loan for advertising, infrastructure improvement or expanding your workforce. Knowing how to effectively manage this debt is crucial if you hope to create a company that can grow sustainably and is capable of meeting all its obligations. Here are our five top tips for managing debt in your startup.
is it possible to run a successful ethical business

Is it Possible To Run a Successful Ethical Business?

There’s no denying that current economic conditions are not ideal. Tough times have forced many business leaders to make tough decisions. With costs spiralling ever upward, it can be tempting to think that cutting corners in business, dodging essential regulations, and making other unethical decisions may be the only way to keep your head above water. But you fall into this trap at your peril. Luckily it is still possible to run an ethical business and make a profit.
how to survive trust tax season 2024

How to Survive Trust Tax Season 2024

Trustees take note! The 2024 Tax Season for trusts opens on 16 September this year and will close on 20 January 2025. During this time, all trusts – including dormant trusts – are required to submit income tax returns aligned with other SARS reporting requirements and accompanied by extensive supporting documents. With the delayed filing season opening date and the numerous changes that have recently been implemented, trustees should rely on our expertise to ensure all the compliance boxes are ticked and penalties are avoided.
when should your company be cautious of ai

When Should Your Company Be Cautious of AI?

Artificial Intelligence (AI) is everywhere. Looking around, it seems just about every business in just about every sphere is trying to leverage the technology to streamline their operations, automate tasks and even interact with their clients. But even as AI becomes integrated with everything from banking to your toothbrush, many experts are warning that it still falls short in several critical areas. Here's what you need to know to make sure you don’t leave yourself expecting too much from your little robot buddy.
five foolproof tips for onboarding remote employees

Five Foolproof Tips for Onboarding Remote Employees

Getting a new employee comfortable with company systems, values and dynamics can be a difficult ask at the best of times. And it’s even harder if you’ve got to do it all via video call. Of course, remote onboarding has its challenges. But this doesn’t mean it can’t be done well. Here are five simple tips for ensuring your remote employee is brought into the company effectively and efficiently.
Is venture capital right for your business

Is Venture Capital Right for Your Business?

Few methods of finance in business cause as much confusion as “venture capital”. To most, it’s just money tech businesses get in return for a game changing idea. But the truth is it may be just the tool to help your business, regardless of what you do, how long you’ve been around or how many people you employ. If you’ve ever watched Dragon’s Den, you’ve seen venture capital in action. Here’s our look at what venture capital is, and the surprising ways it could take you to the next level.
5 top employee retention strategies

5 Top Employee Retention Strategies

Remote work, freelancing, and the gig economy have changed the face of business completely. The ease with which employees can sell their time, change jobs, or work for global brands means the competition for top talent has never been more aggressive. Employees with the skills and/or experience to impact your bottom line are more in demand than ever before. Whether you run a mom-and-pop coffee shop or a global conglomerate, these five tips will help you hang on to the people who build your business.
7 effective business lessons inspired by madiba

7 Effective Business Lessons Inspired by Madiba

In just a few days, on 18 July, the world will commemorate Nelson Mandela Day, dedicated to honour our Tata, Madiba, known for his great leadership skills and his ability to inspire people around the world to greater heights. Mandela also left us with some really effective lessons that can inspire and encourage business owners and entrepreneurs in these uncertain times. In this article, we highlight 7 important business lessons inspired by Madiba’s wisdom.
use this sars incentive to bring young people into your business

Use This SARS Incentive to Bring Young People into Your Business

Youth Day, celebrated on 16 June each year, is an ideal opportunity for businesses to look at ways of bringing fresh young talent into their teams to unlock a myriad of business benefits. One way of doing so is by utilising the Employment Tax Incentive or ETI for short, an incentive provided by SARS to encourage employers to hire young work seekers. Our team can help you take advantage of this incentive and to unlock the benefits of having young workers in your business.
how to implement effective leadership development in your business

How to Implement Effective Leadership Development in your Business

With businesses increasingly becoming more diverse, more remote and more fractured, leaders need new and different skills to manage these diverse teams. Leadership training has also been shown to be crucial in retaining employees and keeping staff turnover low. Despite this, leaders themselves largely admit they are not qualified to lead hybrid teams and most companies acknowledge their leadership development is woefully lacking. Here’s how you can implement effective leadership development at your business.