🔊 Video contains music. Are you a small business owner in South Africa? You're not alone in your struggles! SME's play a key role in South Africa's economic growth and create employment opportunities for millions, yet SME business owners struggle to remain compliant and competitive with heavy compliance demands. SME business owners simply don't have the time to attend to consuming administrative paperwork and accounting that takes away from the core business activities, leading to steep penalties for non-compliance or late submissions that eat away the cash flow of their business! This is why Garva Accountants invested in technology to cut down the time of routine transactional processing, enabling us to develop a special model to help small business owners making less than R10million turnover a year remain compliant with their accounting and tax affairs at highly affordable, all-inclusive fees. Let us take care of your bookkeeping, accounting, tax and reporting obligations so that you can focus on what is important- the management of your business! We know by helping South Africa's small businesses, we help the South African economy. #SmallBusinessMatters #SMESupport #Entrepreneurship #GrowSA #SAEconomy
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Running a Ghanaian business can be tough! We get it. This blog post dives into real challenges Ghanaian businesses face, like managing staff, finances, and customers. Discover practical tips to streamline your operations and free up time to focus on what matters most - growing your business! https://wix.to/IywB5lA #ghanaianbusinesses #savemoney
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🌍 The Truth Nobody Tells You About Starting Your Own Business in South Africa 🌍 Starting a business is an exciting leap, but it comes with hidden challenges. Here are key realities you should know: 1. **Compliance Is Non-Negotiable, and It’s Complex** South Africa's regulatory landscape is intricate. From CIPC registration to industry-specific permits, each step demands precision. Tax compliance—corporate tax, VAT, PAYE—is crucial; neglecting even one area can lead to severe penalties. Professional guidance helps navigate these complexities for lasting success. 2. **Cash Flow Can Make or Break Your Business** A great idea alone won’t ensure survival; strong cash flow management is vital. Inadequate financial planning often leads to unexpected shortages that jeopardize operations. With Eximia Consulting Services’ expertise, you'll gain clarity on finances and make informed decisions. 3. **Payroll & HR Compliance Are More Important Than You Think** Managing payroll goes beyond salaries; it requires adherence to labor laws through meticulous record-keeping and UIF calculations. Proper management from the start builds trust within your team and ensures legal compliance—our services streamline this process effectively. 4. **There’s No Need to Go It Alone** Many entrepreneurs try to handle every aspect solo, leading to burnout and stunted growth. Building a support network of experts—from compliance professionals to mentors—can transform your business journey into a thriving venture instead of merely surviving. 5. **Navigating Funding & Tax Relief Opportunities** South Africa has grants and tax relief options available for startups, yet many miss out due to misunderstanding eligibility or application processes. We help identify funding opportunities tailored for your business needs. Building a successful startup is tough—but you don’t have to face it by yourself! At Eximia Consulting Services, we’re dedicated to empowering small businesses in South Africa with expert support across compliance, accounting, payroll, and tax services so you can focus on what drives you. 🔗 Ready for smoother entrepreneurship? Contact us today at info@eximiacs.co.za! #EximiaConsulting #BusinessCompliance #StartupSouthAfrica #AccountingServices #PayrollSolutions #BusinessSupport #Entrepreneurship
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Business Strategist | Expert Facilitator | Business Coach partnering with leaders in business who are ready to elevate their teams, their own leadership and their business.
#truthtuesday Dear people who are in corporate finance and are responsible for paying the invoices of small business owners. Please understand that this invoice that you are conveniently 'forgetting' to pay or 'putting into the next payment run' might be the difference between this person having a business come next month or not. In the last two weeks - I've had multiple clients tell me how their invoices are not being paid by organisations that should know better! (Here's two examples: one is overdue by 4 months and another by 12 months - both for services already delivered. Both might now have to get lawyers involved - which impacts their bottom line even further and puts them even closer to not being able to operate their business.) Small businesses are what keep the economy running - they are at the coal face of impacting unemployment in South Africa. Yes I'm irate. Bottom line: Do better!!
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Understanding the legal and regulatory landscape is key to success, no matter where you do business. Our "Doing Business in Nigeria" guide is your all-in-one guide for navigating your entrepreneurial journey in Nigeria. ️This comprehensive resource equips you with all the essential information you need. Click here to download a FREE copy now: https://lnkd.in/dY_4ZvYj #Stransact #Tax #Audit #Consulting #Business
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Attention Namibian Business Owners and Entrepreneurs. It has never been more convenient than now by using our website and portal to submit your application for financing at BPI: Business Partners International. If you are an established entrepreneur in Namibia, apply today to obtain finance from NAD 1.8 million to NAD 18 million tailored to your business requirements. We finance established entrepreneurs. Because we understand the challenges business owners face, we take more risk and finance more established entrepreneurs than most financiers. More importantly – we offer you a fair deal. Our core competencies include business finance, property finance, property management and non-financial services (technical assistance and mentorship). Our focus is providing you with finance for your formal business. We structure unique, individualised financing solutions using shareholder loans, equity, royalties and term loans – or any combination of these. We pride ourselves on having developed a range of finance products offering maximum flexibility to suit your specific needs. For more information, please visit our website: https://lnkd.in/d5yeUuex or contact us at enquiries@businesspartners.com.na Follow the video link below to get all the required steps on the process to submit your application. #smefinancing #entrepreneurship #banking #riskfinancing #namibia #smedevelopment #businessgrowth #borrowing #financiers #growyourbusiness #propertyfinancing #assetfinancing Business Partners Limited #tourismnamibia #greenenergry #hospitalitynamibia #engineeringnamibia #propertydevelopment
How to Apply for Business Finance on the Business Partners International website |
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CAC Consultant || Helping you get your business registered with the Corporate Affairs Commission (CAC) in just 7 days.
𝟑 𝐂𝐨𝐦𝐦𝐨𝐧 𝐌𝐲𝐭𝐡𝐬 𝐀𝐛𝐨𝐮𝐭 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚 Registering your business in Nigeria is a crucial step toward establishing a legal, credible, and professional enterprise. However, there are several misconceptions about the business registration process deter many potential entrepreneurs from taking this important step. 𝟏. 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐈𝐬 𝐓𝐨𝐨 𝐄𝐱𝐩𝐞𝐧𝐬𝐢𝐯𝐞 One of the most persistent myths is that business registration in Nigeria is prohibitively expensive, particularly for small and medium enterprises (SMEs). This misconception leads many business owner to avoid legalizing their businesses due to fear of high costs. Meanwhile, the Corporate Affairs Commission (CAC) has structured its fees to be affordable for most businesses. Either you're registering a business name or incorporating a limited liability company (Ltd). 𝟐. 𝐘𝐨𝐮 𝐃𝐨𝐧’𝐭 𝐍𝐞𝐞𝐝 𝐓𝐨 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐀 𝐒𝐦𝐚𝐥𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 Many business owner believe that as long as their business remains small or informal, there’s no need to go through the hassle of registration. They assume that small businesses or startups don’t need legal recognition. Regardless of your business's size, registering your business is a legal requirement in Nigeria. The Companies and Allied Matters Act (CAMA) mandates that all businesses must be legally registered, regardless of their scale. 𝟑. 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐀 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐌𝐞𝐚𝐧𝐬 𝐘𝐨𝐮’𝐥𝐥 𝐏𝐚𝐲 𝐄𝐱𝐜𝐞𝐬𝐬𝐢𝐯𝐞 𝐓𝐚𝐱𝐞𝐬 A common fear among business owner is that registering their business will lead to excessive tax obligations that might strain their finances. While registering your business does mean complying with tax regulations, the fear of high taxes is largely unfounded. Nigeria’s tax system is fair, with tax rates structured according to the size and type of your business. In fact, tax incentives and exemptions are available for small businesses to ease the burden.
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It's that time again. Time to move to the next level.... The Personal Finance Academy Kenya is offering a starting Season 45 Wealth Creation Masterclass on the 21st November. Registration Fee Kshs. 1,000/- to Mpesa Buy Good No 556495 Call us on +254708150137 in case of any questions. #financialliteracy #financialfreedom #finance #personalfinance #financialeducation #masterclass #financialindependence #investing #money #financialplanning #entrepreneur #business #financialgoals #personaldevelopment
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Ready to Start Your Own Business in Pakistan? 🚀 Wondering how much it costs to register a company or where to begin? At Umair & Co, we provide expert guidance to streamline your company registration and help you take the first steps toward success. From company setup to tax consultancy and beyond, our team ensures a smooth and efficient process, so you can focus on growing your business. 📞 Get in touch with our experts today: 🌐 Visit: umairtax.com 📲 Call: 0330-3257540 Let’s make your business dream a reality! 🚀 #CompanyRegistration #BusinessSetup #PakistanEntrepreneurship #TaxConsultancy #StartYourBusiness #UmairAndCo #BusinessGrowth #PakistanBusiness
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I Help Businesses to Scale Through Lean Strategies | SaaS for Retails, Warehousing, Distribution & Logistics | Supply Chain and Logistics | I share everything I learn to help you get better.
Step-by-step guide to get your business legally registered and operational in Nigeria. This post is for you if interest in doing business legally in Nigeria. Starting a business in Nigeria is easier when you follow these practicable steps. ➛ This is the End-to-End flow: You → Goverment → Banks → Business Operations. 1: You have the business ideas 2: Approach Cooperate Affairs Commission (CAC) 3: Approach Federal Inland Revenue Service (FIRS) 4: Approach any Nigeria Bank 5: Your business start operation - Let me break it down to a no-nonsense, step-by-step guide ✓ Pick Your Business Name: Make sure it’s unique. Use the CAC online tool to check availability. ✓ Choose Your Structure: Sole Proprietorship, Partnership, LLC, or Public Limited Company. ✓ Get Your Docs Ready: Valid ID, passport-sized photo, and for companies, details of directors and shareholders. ✓ Register with CAC: Head to the CAC office or their online portal. Submit your documents and pay the fee. ✓ Obtain a TIN: Register with the Federal Inland Revenue Service (FIRS) for your Tax Identification Number (TIN) ✓ Open a Business Bank Account: Choose your bank, present your CAC documents, TIN, and IDs. ✓ Register for VAT: If applicable, register with FIRS for Value Added Tax. ✓ Get Licenses and Permits: Depending on your industry, you may need additional licenses. ✓ Comply with Legal Requirements: Register your employees with PENCOM and other relevant bodies. - Bonus: Keep Records, maintain proper financial and tax records. — No fluff, this is just the essentials to kickstart your business in Nigeria. - Ready to take the leap? P.S. 👉 If you found this helpful, hit the like button and share ♻️ with your network. Got questions or need more guidance? Drop a comment below or dm me.
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