The Cash Flow statement understood

While not all small business owners fully understand the Income Statement and Balance Sheet, most recognise them and have a broad idea of what they are and how to use them. However, the Cash...
financial terms

Financial terms you simply must know and understand

Not every entrepreneur is a financial guru, and many financial duties can be delegated to the right employee or be outsourced. But here's the thing though: As a business owner there are certain financial...

Getting to grips with small business financing

If you are needing to raise finance for your business, it is best to start by getting to grips with the financing landscape. Whether you need money to buy stock or equipment, require working...
Managing your cash flow

Tips for managing your cash flow

Managing your cash flow and forecasting not only helps you stay on top of things and stay in business, but it is also a vital part of business strategy. It should be your number...
saving for retirement

Self-Employed? Here’s how you can save for your retirement

If you’re an entrepreneur, you know the constant pressure of sourcing leads, chasing debtors and making a profit. But there’s one thing that often gets neglected - saving for retirement.  “The most common mistake entrepreneurs...
cut business expenses

Maximise savings with cost cutting measures

As a small business owner, you understand the importance of drumming up new sales and growing your company.  But as the adage goes, ‘a penny saved is a penny earned’. Thus, one of the ways to...

Does your SME owe SARS money? Know your options…

Many entrepreneurs and business owners live in fear of the South African Revenue Services (SARS). In most cases, this fear is compounded by lack of knowledge and failure to understand what is required. Yet...
Fintech plug the lending gap for SME Finance

Fintech alternative lenders plug the massive SME lending gap

With more than 2.5 million small and medium sized enterprises (SMEs) in South Africa, you'd imagine that getting funding for these businesses would be simple. However, accessing funding remains the largest challenge faced by...
co-founder, Bridgement

Innovative invoice financing for SMEs

Using technology and data science to bring a new approach to traditional business loans, Bridgement, offers simple finance to small to medium sized (SME) businesses across South Africa. Their first product to market has...
Lulalend founders, Neil Welman and Trevor Gosling

An alternative lender on the side of SMEs

Big finance and the little guy don't usually see eye-to-eye. Lulalend was founded with one aim in mind: to bridge the gap between small businesses and easy access to capital to help their businesses...

The tax benefits to working from home

We live in the age of remote working and the trend is set to increase over the years. If you are wondering if there are any tax benefits that can be claimed if you work...
Fourex-currency-exchange-kiosks

SA brainchild, Fourex, opens second round of crowdfunding

UK-based business, Fourex, developed by South Africans and with a well-known South African board, has opened its second round of crowdfunding to raise R16.3 million and is inviting South Africans to participate. Its first...
Financial statements

Crash course on financial statements

Cash is the lifeblood of your business - one cannot over emphasise the truth in these simple words. A good bookkeeper and accountant are essential for recording financial information and keeping you up to date...

Cashless is King: The Future of Finance

The world is going cashless, fuelled by disruptive trends like mobile payments, integrated billing and digital banks. Already, in countries like the UK, only three in 10 payments are made with cash, and technologies...

The benefit of money with strings attached

Entrepreneurs looking for funding or investment often start with the largest amount that they can ask for, with the lowest amount of responsibility to account for how the money is spent. This kind of...