counteractive

Mastering the balance: 5 tips for business stress management

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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.

Make the right choice for filing your tax return

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Filing your taxes can be overwhelming, but before you go the DIY route, consider the potential pitfalls. Late filings and errors can cost you big time. Discover the benefits of hiring a professional accountant to handle your taxes. They’ll save you time, optimise your return, and ensure you’re compliant with tax regulations. Say goodbye to stress and hello to peace of mind.

Essential practices for mastering your business’s financial management

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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?

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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.

The pros and cons of SARS auto assessments

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SARS auto assessments have both pros and cons for individual taxpayers. While they are convenient and can result in faster refunds, taxpayers may have less control over their tax returns and may not be able to claim all the deductions and tax credits they are entitled to. Therefore, it is important for taxpayers to carefully consider whether auto assessments are the right option for them and to seek professional advice if necessary.

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

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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.

It’s nearly tax time! Are you ready?

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Are you ready for the 2023 tax season? Running from 1 July to 24 October 2023, this shortened filing season means you need to be organised so that you’re not scrambling at the last minute. Read our blog to find out what you need to know to get ahead of the pack.

Is your business recession-proof?

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Have you wondered how some businesses seem to weather economic downturns with ease, while others struggle to stay afloat? The answer lies in recession-proofing your business. Read our blog for some practical advice on how you can recession-proof your business and ensure its long-term success.

Getting the measure of your financial reports

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As an employer, you’d have heard about the Compensation for Occupational Injuries and Diseases Act (COIDA), more commonly known as Workmen’s Compensation. COIDA is compulsory insurance that benefits both the injured employee and you as the employer. Its purpose is to give employees guaranteed benefits and it protects employers against claims for on-duty injuries and occupational diseases.

Are you covered if your employees are injured at work?

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As an employer, you’d have heard about the Compensation for Occupational Injuries and Diseases Act (COIDA), more commonly known as Workmen’s Compensation. COIDA is compulsory insurance that benefits both the injured employee and you as the employer. Its purpose is to give employees guaranteed benefits and it protects employers against claims for on-duty injuries and occupational diseases.

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