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What companies should expect from the business rescue process

Business rescue has started to yield some positive results in South Africa, as the procedure has started to gain credibility in the country. This according to Neil Miller, Director and Senior Business Rescue Practitioner at Mazars Recovery and Restructuring, who adds that many companies however still do not understand the process well enough. (more…)

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SA’s low growth economy presents cashflow challenges for SMEs

South Africa’s low growth economy presents small and medium enterprises with a number of challenges, not least of which is how to balance the need to grow and preserve cash reserves for future use in business. Managing investment risk while retaining access to the funds when they are needed, are also important considerations. (more…)

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Ian Scott of Grant Thornton recommends a neutral financial advisor for family-owned businesses

Family-owned businesses can thrive with the correct guidance

While South Africa is well known for its inherently entrepreneurial culture, too many promising family-owned businesses do not reach their potential due to a lack of objective external input and independent advice. (more…)

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5th Annual Young Entrepreneurs Conference to take place

The Young Entrepreneurs Conference and Expo (YECE) – now in its 5th year – will take place on June 1 and 2 in Bloemfontein, Free State Province. (more…)

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Getting a mid-sized business ready for sale

Morgan Jones, Principal in the Corporate Finance team at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions, outlines the imperative of exit strategy planning for owner-operators. (more…)

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Are compliance changes overwhelming your team?

There used to be a time when compliance was treated as a secondary business function. Today, however, organisations and leadership have come to recognise that they need to keep abreast of the latest regulatory requirements in their field of operations, as the risk of non-compliance can have significant business and personal consequences. These far outweigh […]

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A checklist for your annual December holiday shutdown

If you’re the owner or manager of a Small & Medium Business outside the retail and hospitality industries, you’re probably looking forward to the annual break, says  Anton van Heerden, Executive Vice-President, Africa & Middle East at Sage. (more…)

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Corruption and bribery, a company’s biggest risk

Recently published research from the Henley Business School has found that around 85 percent of international businesses resort to bribery when operating in developing economies. The study interviewed over 900 business executives during a period of 12 years, and indicated that companies from many developed countries are notoriously malleable in their attitudes towards paying bribes […]

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