Let’s say your business finds itself in a position where an investor has shown an interest in injecting cash into your company. The investor will usually want to see specific information about your business and essentially assess your business’s financial risk profile. In this article, which is part 1 of this series, we are going to help you understand the process of determining your company’s risk profile.
So you've been thinking about growing your business and you're full of ideas. But then you start to think about financing that growth and the glow of enthusiasm dulls as the questions form in your mind. How much financing do you need? How do you get it? From where? Financing always seems to come with mountains of paperwork, which doesn’t appeal to many business owners. But there is an easier way, which involves getting Creative CFO to help. Find out more here.
Drowning in tax debt? Don’t owe the South African Revenue Service (SARS) the tax liability they say you do? Perhaps you don't even know whether or not you have a tax liability due. Deciphering tax assessments and managing tax debt can be overwhelming. SARS does, however, provide resources and channels through which you can gain a better understanding of your tax compliance status and tax liability. In addition, you can make certain applications or requests to SARS to manage your tax liability. We break these all down for you here.
Learn how Creative CFO's systems experts helped Musgrave, an African luxury brand specialising in artisan gin and spirits, implement a scalable system that creates control and sophistication around stock, manages multiple locations, supports a large inventory list and provides real-time reports that can be accessed from anywhere in the world.
The incentive industry, like the entrepreneurial industry around it, is constantly evolving. In addition to the traditional employee share incentive schemes which remain popular, we have seen the evolution of more robust models. Learn more about the various types of models, their whys and hows and gain insight into which model could work for your business.
One of the main challenges for early-stage businesses in South Africa is access to funding. This is not a result of a lack of available finance but rather due to a range of issues. An important component to successfully financing your business’s growth is identifying what strategy is the most suitable for both you as the owner and for your business. In this blog post, we explore the various types of funding available including their advantages and disadvantages.