A buy and sell agreement is a legally binding contract that stipulates how a partner’s share of a business may be reassigned if that partner dies or otherwise leaves the business. Most often, the buy and sell agreement stipulates that the available share be sold to the remaining partners or to the partnership. Buy and sell agreements …
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Tax Migration
WHAT IS TAX MIGRATION ? Physically emigrating does not necessarily mean that a person’s South African tax residency terminates. You need to formally inform SARS of your intent to cease to be a tax resident. South Africa has a “ residence- based “ tax regime system and considers time spent in the country, your …
Financial Planning Week in South Africa
from 3rd to the 7th October 2021 – it coincides with World Financial Planning Day – 6 October 2021. FINANCIAL PLANNING IS FOR EVERYONE – NOT JUST THE WEALTHY “LIVE YOUR TODAY AND PLAN YOUR TOMORROW THIS FINANCIAL PLANNING WEEK” . In our view Financial Planning IN TERMS OF OUR HOLISTIC SERVICE EXPERTISE …
Wealth Creation
“ Your wealth strategy, is as unique as you are.” Respect Retirement Annuities A retirement annuity remains a solid way of protecting one’s wealth, especially if you a business owner – entrepreneur. A retirement annuity is a savings vehicle that you as an individual can engage outside a company Pension or Provident Fund investment. …
Do Not Underestimate the Importance of Estate Planning
Estate planning is a challenging task, and even meticulous planning can be undone if an estate does not have sufficient liquidity to satisfy the compulsory administration costs and liabilities due in the event of death. The issue of liquidity tends to be overlooked by many, resulting in unnecessary negative consequences at an already difficult time. …
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Debunking Small Business Money-Saving Myths
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The Biggest Trends Shaping Accounting Today
Most of the accounting process can now be automated, thanks to advances in cloud computing, HR, payroll, and financial software, and artificial intelligence. In fact, technology has made accounting so simple that someone with little to no financial knowledge can balance a business’s books with relative ease. This is not to say that technology has …
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3 Accounting Habits to Break
There are countless surprises involved in starting a business. For those who haven’t had official training, accounting will likely be one of them. Managing your cash flow and balancing your books is no walk in the park. But, like it or not, the survival of your start-up hinges on the strength of your financial strategy. …
The Entrepreneur’s guide to Accounting
Among the most expensive mistakes you can make as a small business owner is to get the price point wrong for the products and services you sell, or not to communicate the value of your offering in a way that customers are happy to pay your price. As author Katharine Paine puts it: “The moment …
Six pricing tips for maximising profitability and customer satisfaction
Home About Us Services Blog Contact Us Among the most expensive mistakes you can make as a small business owner is to get the price point wrong for the products and services you sell, or not to communicate the value of your offering in a way that customers are happy to pay your price. As …
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