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10 STEPS TO HIRING A GREAT BOOKKEEPER

bookkeeper.jpgA good Bookkeeper is a valuable resource who will take care of all the financial issues and keep you apprised of the financial health of your business. A bad one can destroy your business. Here’s a practical checklist to guide you through the process:

 

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TAX FREE INTEREST...SAY GOODBYE

Savings

South Africans are generally not known for their ability to save. Over the years a number of measures relating to tax have been implemented to encourage savings. The recently released Taxation Laws Amendment Bill, contains the new incentive to encourage savings.

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NOT EVERYONE HAS A RESERVE BANK TO BAIL THEM OUT

Interest burdenDeath divorce and destitution – called the 3 D’s of opportunity, these are generally indicators of an opportunity to pick up a bargain. While looking at houses for sale a couple of years ago I mentioned this maxim to a fellow home seeker and was promptly accused of being a vulture looking to benefit off someone else’s hardship.

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3 LESSONS FROM THE SATINSKY GROUP

Drive a R699 car typical Ponzi Scheme – Wesbank”

“R699 car deal implodes”

R699 CarOver the last couple of days the “Drive a new car for R699” company has been reported extensively in the media with headlines quoted above.

In terms of the scheme, the Satinsky Group offered new cars for R699 per month.  The scheme consisted of Satinsky sourcing a vehicle for the budding owner, arranging finance, and then offering a monthly advertising fee if certain conditions were met (mileage travelled being one of them) which potentially reduced the overall cost of the new car to R699 per month.  The scheme was an attractive prospect for those who could otherwise not have afforded a new car.

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LEVERAGING TECHNOLOGY

Email has become part of your life– whether you are an accountant, plumber or salesman, email is a important tool in communicating with your customers and suppliers. Are you making sure your message gets delivered, read and responded to?

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