Category: Business advice
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Guard your online reputation
Your business may not be advertised online, but the Internet can be utilised to enhance or damage your reputation. Protect your reputation and the way the world views your company. In the days before the Internet ruled the world, you were the only one responsible for building your company’s reputation. Nowadays you have to manage […]
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Financial risk management for your small business: Do you know how to do it?
Is it really necessary to be able to manage financial risk? The answer is a definite “Yes!” It can make the difference between having a successful business or being forced to close down the business. Make sure you give your business the best chance to survive and thrive by understanding and implementing financial risk management. […]
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How to register a new company
The basic steps to register a company under the new Companies Act of 2008 at the Companies and Intellectual Property Commission (CIPC) comprise certain forms and supporting documentation that must be lodged and fees that must be paid. The first step in registering a new company is optional. A CoR9.1 form must be completed and […]
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Opvolgbeplanning
Die besit van ‘n besigheid vereis noukeurige opvolgbeplanning en is deel van jou boedelbeplanning, omdat jy moet bepaal wie jou gaan opvolg, of wie jou aandele gaan koop, of wie geregtig sal wees op die inkomste na jou dood. Die toekomstige eienaarskap van jou besigheid is op die spel. ‘n Vennootskap word outomaties ontbind by […]
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Succession Planning
Owning a business requires careful succession planning and is part of your estate planning as you have to determine who will succeed you, or who will purchase your shares, or who will be entitled to the income after your death. The future ownership of your business is at stake. A Partnership automatically dissolves upon the […]
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Ten business etiquette tips
No-one wants to work in an environment which is unpleasant, unproductive and ripe for litigation, which is exactly what you will get where employees are rude, careless and dismissive. Such behaviour will spill over to customers and will eventually lead to legal proceedings and loss of business. Proper business etiquette practices must start from the […]
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Ten tips for small business owners during tough financial times
When the economy is slow, small business owners struggle to survive, many for the first time. Financial problems consume valuable time and business resources, yet must be dealt with proactively. Use the resources your banker provides; he has the expertise and cares about your business and its financial well-being. Once you have read these tips […]
