Unlock the power of strategic pricing to boost your profitability
In the ongoing quest to improve your business’s bottom line, you’ll consider many factors. But one that’s often overlooked is the psychology behind your pricing strategy. Small changes in how you present and structure your prices can have a significant impact on your customers’ purchasing decisions and, ultimately, your profitability.
Cost of acquiring new clients
Business owners are always looking to grow their customer base. But have you stopped to consider whether your new clients are actually profitable? Understanding the true cost of customer acquisition is crucial for sustainable business growth.
Planning for a partnership
Many business partnerships and joint ventures thrive – and some falter. Whether you’re considering joining forces with another entrepreneur or merging your company with another, careful planning is crucial.
The future of work: Get your business thriving in changing times
The world of work is changing rapidly. Remote work, automation, the gig economy, data analytics, and cybersecurity are reshaping how businesses operate.
Create wealth while you’re working: How your accountant can help
The focus for most business owners is usually on day-to-day operations and business growth. However, it’s equally important to have a long-term strategy for building wealth.
Supply chain disruptions: Managing inventory risks with your accountant
As a South African business owner, you may well have experienced the impact of supply chain disruptions. From the pandemic to global conflicts, natural disasters, and more – businesses have faced unprecedented challenges in obtaining raw materials, components, and finished products.
Navigating the Cryptoverse: how your accountant can help you stay compliant
Cryptocurrencies and digital assets offer exciting investment opportunities and avenues for financial transactions. However, this evolving landscape also presents a complex regulatory environment.
Extract real meaning from financial reports
Do you feel like you struggle to make informed business decisions? If so, extracting real meaning from your financial reports is probably what’s missing. Simply looking at your numbers is not enough. You need to know what to look for and how to interpret the results. In this guide, we discuss the key elements your financial reports should include and how to extract valuable insights from them.
Changes to Foreign Employment Income
Stay ahead of the curve with our latest blog: “Changes you need to know about SA’s foreign employment income tax exemption.” If your employees work abroad, this is essential reading.
Before March 1, 2020, South African residents working abroad enjoyed full tax exemption on their foreign employment income. However, amendments to the Income Tax Act, 1962, mean this exemption now comes with a cap.
Harnessing the Power of Data Driven Forecasting
While navigating the uncertainties of business, many entrepreneurs rely on intuition or guesswork to predict the future. However, only 32% leverage the power of data-driven financial forecasting, a valuable tool that unlocks a clearer picture of your future financial landscape.