CounterActive Logo in Black

Do you know what your debt costs you?

a black and white photo of a boardroom filled with laptops and chairs

For business owners, debt can be a double-edged sword. On one hand, it provides much-needed capital to expand, invest, or smooth out cash flow gaps but, on the other, it comes at a cost (much of which isn’t immediately apparent).

Financial Literacy for Business Owners

a black and white photo of a person presenting accounting statistics

Financial literacy is a critical skill for business owners. It’s not just about understanding numbers, it’s about the ability to make informed financial decisions that can drive the success and sustainability of your business. Here are the five key components of financial literacy that you need to master.

Why marketing is your lifeline in a recession

a black and white photo of two ladies looking at financial management

In our ever-evolving business landscape recessions are inevitable. And, while it’s natural for business owners to want to tighten their belts during economic downturns, history shows that it’s the perfect time to invest in marketing.

10 Reasons why you need a CA for your business

a black and white photo of an accountant working on their laptop and calculator

Whether you employ five or 200 employees, businesses of this size are commonly regarded as the backbone of our economy, driving innovation, and creating jobs. However, as the owner of a business of this size, the chances are you’re wearing many hats.

Trustees: your new role as a third-party data provider to SARS

a black and white photo of a chess board depicting a king

Are you a trustee of a resident trust in South Africa? Brace yourself for significant changes as SARS now demands that trustees become third-party data providers. In this blog, we’ll dive into the increased reporting requirements, explore potential challenges, and offer expert advice on navigating this new landscape to ensure compliance and transparency.

Mastering the balance: 5 tips for business stress management

a black and white photo of a male with his head on a laptop feeling the crunch of a rock on his head

Running a business can be overwhelming, but don’t let stress hinder your success. Our latest blog reveals five practical strategies to manage stress and achieve a healthy work-life balance. Prioritise yourself, delegate tasks, set boundaries, connect with peers, and practice stress reduction techniques. Boost your well-being and watch your business performance increase.

Essential practices for mastering your business’s financial management

a black and white photo of working desk with a laptop and coffee

Financial management is the backbone of a thriving business. Discover the key practices to make informed decisions, optimise revenue, and ensure long-term stability. From strategic financial planning to effective cost management and revenue stream optimisation, this blog post unveils the secrets to financial mastery. Learn how to control costs, manage cash flow, analyse profit margins, make smart investments, and leverage professional advice. Take charge of your business’s financial future today and achieve your goals.

Should your financial management be in-house or outsourced?

a black and white photo of 6 buildings in a corporate city

Struggling to decide between hiring an in-house financial manager or outsourcing your accounting needs? This comprehensive comparison breaks down the pros and cons of each option. In-house managers provide expertise and control but can be expensive and inflexible. Outsourced accountants offer a broad range of expertise, flexibility, and cost-effectiveness, but less direct control. The decision ultimately depends on your business’s needs, size, and financial situation.

How prepared is your business if the pawpaw hits the fan?

a man standing in front of a drawing of a maze

Is your business prepared for unexpected financial challenges? With insurers considering whether or not total grid failure-related risks will be insured, now’s the time to act. Don’t wait for the pawpaw to hit the fan – start creating a rainy day fund for your business today. In this blog, we explain why a rainy day fund is essential, and provide five tips for creating one. By taking proactive steps to ensure your business is financially prepared for the unexpected, you can enjoy peace of mind and focus on growing your business.

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies