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managing cashflow

5 Tips for Managing Cashflow as a Non-Financial Owner or Manager

If you’re not exactly a money genius but want to keep the cash flowing smoothly in your business, we’ve got your back. Managing cashflow is like tuning into the heartbeat of your business – it’s all about money coming in and going out. You’ve got to keep it in check to make sure your business […]

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How Accounting Helps In Decision Making

How Accounting Helps In Decision Making

In the ever-evolving world of business, decisions are the lifeblood of success. Every choice made by an organisation, whether big or small, shapes its path toward growth or stagnation. But what fuels these decisions, guiding them toward prosperity? Enter accounting – the silent but powerful force behind informed and strategic decision-making. This guide will explain

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Unraveling the CIPC Beneficial Ownership Enigma: 10 Key Insights

Unraveling the CIPC Beneficial Ownership Enigma: 10 Key Insights

Delving into the world of CIPC Beneficial Ownership sheds light on a complex yet crucial facet of corporate governance. Let’s break down these 10 essential facts that lie at the heart of this intricate framework: A beneficial owner refers to the person (or persons) who, either directly or indirectly, holds the ultimate ownership or exercises

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How to Prepare Your Business for an Audit

How to Prepare Your Business for an Audit in South Africa: The Ultimate Guide

Audits are a critical aspect of ensuring the accuracy and integrity of a business’s financial operations. In the context of South Africa, where regulatory compliance and transparency are paramount, audit preparation becomes even more crucial. This comprehensive guide aims to provide businesses with a roadmap to navigate the complexities of audit readiness, understand the reasons

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Business Recession: Strategies to Thrive Even in Tough Times

Business Recession Strategies to Thrive Even in Tough Times

In today’s unpredictable economic landscape, businesses face the daunting challenge of navigating through a business recession. A business recession refers to a period of economic downturn characterized by a decline in economic activity and overall business performance. The impact of a recession on businesses is far-reaching, affecting various aspects of their operations. However, with effective

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Prepare your small business for interest rate hikes

Interest Rate Hike Survival Guide: Securing Your Small Business’s Financial Future

As a small business owner, staying on top of economic changes is crucial for maintaining financial stability and making informed decisions. One such change that can significantly impact your business is an interest rate hike. In this article, we will explore practical strategies to help you prepare your small business for an impending interest rate

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Top 5 Challenges of Growing a Consultancy and How Thrive CFO Can Help You Overcome Them

Top 5 Challenges of Growing a Consultancy and How Thrive CFO Can Help You Overcome Them

As the business world evolves, the importance of consultancies continues to grow. Consultancies provide valuable insights and recommendations to organizations to improve their operations, processes, and profitability. However, consultancies themselves face challenges in growing and sustaining their own businesses. In this article, we will explore the top 5 challenges faced by consultancies and how Thrive

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Improving Your Cashflow: Challenging Assumptions

Improving Your Cashflow: Challenging Assumptions

If you’re like most business owners, you’ve been told that the key to improving cashflow is simple: reduce expenses and increase sales. While these two strategies can certainly help, they aren’t always the best solutions for every business. In fact, blindly following the dominant narrative can limit your ability to improve your cashflow and grow

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How your business can thrive even in a recession

The pains caused by a recession can be excruciating, which is why most of us dread the thought of it. A recession can mean massive layoffs, jobs becoming harder to find, and wages frozen, which means consumers hunker down and spend less– often worsening the economic slowdown unknowingly. For most businesses, especially small businesses, recessions

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