Important ingredients for the business recipe
“There are those who make it, those who sell it, and those who look after the money.” So, you have finally taken the plunge – you have taken your hard-earned savings and decided to invest it in your new start-up. This was a natural decision for you since you have all the right technical skills, […]
Strategic alliance with Mayer Jardim of Portugal
The so-called Golden Visa initiative by a number of countries throughout the world has attracted the attention of citizens of many countries but sifting through the various requirements per country has its own challenges. BKI has however concluded that one of the most attractive residency and then citizenship by investment processes is that initiated by […]
Why it is important to know the value of your business
A properly considered business valuation can be the first step in many essential business processes and activities. Although there are many examples, these might include procurement of a buy and sell policy or facilitation of a business restructuring process, for instance. Initiating negotiations during a sale of business transaction, probably remains the most common business […]
Who to have in your network
As a director, manager or business owner you are well-aware of the value of expanding your network. Having a strong professional network has various benefits. It is well-known fact that your network can help you get introduced to more people and in time you can learn from these people in your business network. As you […]
Accounting best practices for small businesses
When it comes to looking after the welfare of a business, accounting tops the list as being the most important. Without proper accounting, a business runs the risk of losing everything. The following are a few best practices that are essential for businesses to take note of. 1. Check it off your list first Proper […]
The importance of having a good accounting system
If your business doesn’t have an effective accounting system in place, you run the risk of making serious errors in your finances. Furthermore, a good accounting system simply makes life easier and allows you to focus more on growing your business. It helps you evaluate the performance of your business: A good accounting system gives […]
Keep your business growing
Having a successful business means ensuring that it continues to grow. Without growth, your business will eventually run dry and stagnant. But with the added responsibility of maintaining your business and keeping things running smoothly, it can be difficult to know where to look for business growth. Look for cost savings This point is especially […]
Ten tips for small business owners during tough financial times
When the economy is slow, small business owners struggle to survive, many for the first time. Financial problems consume valuable time and business resources, yet must be dealt with proactively. Also make use of your financial advisor or your banker; they have the expertise and knowledge regarding your business and its financial well-being. In tough […]
Growing your business and adapting to change
Growing a business takes several important characteristics that require a dedicated leader driving it at the helm. These characteristics include vision, change and people. An effective leader will also engage others in the business to embrace and adapt to change as growth continues. Vision: First, plot the course for where the business should go in […]
Offshore companies and doing business in South Africa – A companies act perspective
According to the most recent statistics released by the South African Revenue Service, South Africa remains a net importer of goods and services. Put differently, one could say that South Africans are more often clients in cross-border transactions than they would be the service provider. Many of our clients operate in this space, including foreign […]