Tag Archives: Business

Does “The Company” Still Have A Role To Play?

Concepts the West has taken for granted are now being openly questioned, such as, is liberalism bad, is capitalism flawed, and does the company deliver what it set out to do? These are valid questions and we should re-evaluate these … Continue reading

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AI and the Changing Face of Jobs: Good News If We React Now

“Artificial Intelligence is a tool, not a threat” (Rodney Brooks, Roboticist) There has been fear that the rise of Artificial Intelligence (AI) and robots will considerably reduce the work force. New research concludes that there will be winners and losers … Continue reading

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Box Clever With Cash When You Retire

“The question isn’t at what age I want to retire, it’s at what income.” George Foreman There are many things to consider when you retire. One thing to be careful of is the amount of money you cash in from … Continue reading

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Companies: “XBRL” is Coming Soon. What is it and Are You Affected?

The Companies and Intellectual Property Commission (CIPC) will from 1 July 2018 require that all Annual Financial Statements (AFS) submitted to the CIPC be in eXtensible Business Reporting Language (XBRL) format. What is XBRL and what are its benefits?  It … Continue reading

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Risk Management for Your SME

“All courses of action are risky, so prudence is not in avoiding danger (it’s impossible), but in calculating risk and acting decisively” (Niccolo Machiavelli) We are all aware that business, as with life, is full of risks and things go … Continue reading

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Lessons for Your Business: How Does the World’s Most Successful Company Keep Growing?

Amazon is now regarded as the best company in the world – its market capitalisation is approaching R800 billion and its founder Jeff Bezos is the world’s richest man. Year after year in customer satisfaction surveys Amazon invariably comes out … Continue reading

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Practical Tips on Cash Flow

“Never take your eyes off cash flow because it’s the life-blood of business” (Richard Branson) The Companies Act is underpinned by the assumption of liquidity and solvency – directors and owners are mandated to ensure the business can meet all … Continue reading

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Directors: The Steinhoff Debacle Highlights Your Exposure to Personal Liability

The “new” Companies Act of 2008 promised to place greater accountability and liability burdens on directors. This was in response to directors being given greater powers in the Act. Importantly, the Act does not distinguish between non-executive and executive directors.    … Continue reading

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How to Grow Your Small Business Rapidly with Digitalisation

“Digitalisation – the use of digital technologies to change a business model and provide new revenue and value-producing opportunities” (Gartner Glossary) Surveys show that small to medium-sized businesses (SMEs) are not fully aware of the potential that technology and digitalisation offers … Continue reading

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Make Sure You Have a Shareholders’ Agreement

A well-known attorney recently said he is constantly surprised by the number of shareholder disputes that could be quickly resolved if there was a shareholder agreement. The importance of shareholder agreements Human nature is fickle and a few years after … Continue reading

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