Picking the right business structure is a big deal. It affects your taxes, liability, and growth potential. Here’s a quick rundown to help you choose the best fit for your business and goals. Sole Trader This is the most straightforward business structure, often...
Have you ever wondered why it’s so challenging for small and medium-sized businesses to secure the funding they need to grow? Despite having years of profitable results, loyal customers, and stable revenue, many business owners need help accessing the necessary...
Are you a small business owner juggling countless daily tasks, wondering how you can possibly get it all done? If managing your business feels like a constant balancing act, you’re not alone. Many small business owners wear multiple hats, struggling to find...
Many business owners encounter a significant challenge during their entrepreneurial journey that impacts both the value and growth of their business. Key Person Risk. Key Person Risk occurs when a business heavily relies on one person or a few people for essential...
Strategic planning is essential for small and medium-sized enterprises (SMEs) for many reasons. While SMEs may not have the same resources as large corporations, their size and agility can be a significant advantage with a well-defined and executed strategic plan....
The new financial year presents a great opportunity to review, assess and adapt current business practices, processes, and procedures to make informed decisions about the year ahead. With the last 18 months disrupting many companies’ ways of dealing, the pandemic has...
