New VAT Thresholds: Thinking of Deregistering?

New VAT Thresholds: Thinking of Deregistering?

“Renette Oosthuizen, small business owner from Gauteng, had this tip: ‘Minister Godongwana, please increase the VAT registration threshold for small businesses to R2 million. The R1 million threshold has not kept pace with the cost of doing business.’” (Budget Speech...
Why Your Cash Flow Problems May Be Down to Your Behaviour

Why Your Cash Flow Problems May Be Down to Your Behaviour

“Never take your eyes off the cash flow because it’s the lifeblood of business.” (Richard Branson) Ask any business analyst about recurring cash flow challenges and you’ll often hear them say, “It’s not that the business is short of money, it’s that money arrives too...
How Your Payment Terms Could be Damaging Your Business

How Your Payment Terms Could be Damaging Your Business

“Beware of little expenses; a small leak will sink a great ship.” (Benjamin Franklin) Extending 30-, 60- or 90-day payment terms may seem like a simple trick to help your sales teams convert sales, smooth negotiations and boost customer service. What you may not...