Cloud-based Accounting and why it is good for your business

Cloud-Based Accounting

Traditionally, clients and their accountants are constantly so busy finalizing historic information and submitting statutory returns, that there is little to no time to use the financial information to make informed and proactive business decisions that are necessary for their business to not just survive, but to become a healthy and prosperous business. While everyone …

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Businesses4Sale

Your business shareholding through a Buy and Sell Agreement and the right level of life insurance

Article by: Jannie Rossouw Head: Sanlam Business Market A Buy and Sell Agreement is a critical consideration for business owners with a shareholding in an enterprise, says Jannie Rossouw, Head of the Sanlam Business market. It constitutes a written agreement between the owners of a business entity, obligating themselves on their deaths or in the …

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Businesses4Sale

Understanding the language

A few definitions of terminology used Accrual Accounting Income and expenses are entered into the books at the time of contract instead of when payment is received or expenses incurred. Barriers to Entry The degree of difficulty competitors faces when entering a specific market, based on barriers such as high initial investment requirements, patents, trademarks, …

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Turning a lemon into lemonade

Ever woke up one day and decided you want to be an entrepreneur?  You spent a few days, even weeks looking at businesses for sale, but it seems all businesses are either overpriced, has a problem or is simply junk?  Do you think there are no good opportunities out there?  Well, maybe there is! The …

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Valuing Your Business for Sale

Establishing an objective market value for your business is not an exact science, and can fluctuate depending on the kind of business you own and why you need a valuation done. There are a number of aspects to take into account, ranging from the book worth of your assets to some indefinable elements. How much …

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Don’t Do These Three Things if You’re Planning on Selling Your Business

If you’re considering selling your business, it’s important to start preparing early. There are many actions you can take to help your business attract the right buyer once it’s on the market. Perhaps more importantly, there are things you shouldn’t do if you’re planning to sell your business in the next couple of years. Here …

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Buying a Large Business

  Before Buying a Large Business Be in the running: Get a head start by preparing any documentation you will need to meet the requirements of the seller. Those who have owned a business in the past will understand why this is necessary. Doing this will save you time and money and help your broker …

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