Financial Management Q&As

In the startup phase of any new business, the profits will usually be quite low. It is therefore important to be wise with every cent in these early stages.

Our turnover is great, but our profits are not. How do I calculate if a project is worth it? We excited by the deal, but I think they end up costing us more than they’re worth.

We break down the steps required to adopt the ETI.

Submitting your company tax return for the first time can be daunting. We show you how.

Proceed with caution when giving people access to your bank account.

You should understand the implications of signing an AOD before doing so.

Protect yourself and your business by having a proper contract in place.

Using proper accounting software can save you time and hassle, even in a small business.

Ensure you have enough information about your customer before offering payment terms.

Keeping financial records for your business separate from your personal account is one of the most important activities for start-ups.

Keeping track of payments in your company to balance out your finances.

Setting up a printing policy in the office.

Budgeting advice to keep a company open.

Change customer deadlines to meet your own.

When is the right time to get a financial director.

What banks require when opening a new business bank account.

It all depends on your numbers.

The National Credit Act has established guidelines for dealing with delinquent debtors, but you have to work through a credit bureau.

How to begin putting together your budget.

Understanding the accounting department.