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Closing your business

Last Updated:8 July 2016The decision to close a business is usually due to one of two reasons: You no longer want to run the business and have no one to pass it onto. The business is not making enough money to keep going. Whatever your reasons, closing your business can take time, depending on its size and complexity. Here are some suggested steps to guide you through the process. 1. Make sure closing your business is the right decision Whether you're thinking of closing your business due to financial concerns, a change in personal circumstances or because you find it hard to comply with government regulations, it can be a good idea to get help or advice before you start closing, to see if you can put your business back on track.

Category: Small business


Business Tax Rates in South Africa

Business Tax Rates in South Africa If you are considering setting up a business no doubt one of the considerations will be the business tax rates in South Africa. Below we give you an insight into not just the business tax rates in South Africa but also the South Africa Revenue service requirements, accounting procedures and employee taxation. Please note that any reference to an external company is a foreign company with a ‘branch in South Africa’. You can read more here in the definition of an external company. Annual Tax Returns for Companies All companies, including external companies and close corporations, are required by law to lodge their annual returns with CIPC (previously CIPRO) within a certain period of time every year.

Category: Small business


Bookkeeping 101: What You Need to Know to Run Your Business

Let’s face it, most entrepreneurs and business owners don’t know the first thing about double-entry bookkeeping, and they don’t want to know. For larger companies, that doesn’t matter: you just hire a specialist. But in the early days, you may not be able to afford full-time help. Even if you go to an accountant to help you prepare your annual tax return, you need to know the basics of how to keep your books in order throughout the year. Why does it matter? Because good accounts are the basis of a good business. If you don’t have an accurate grasp of your financial situation, your plans will be based on little more than guesswork.

Category: Small business


Business Opportunities in South Africa | Junk Mail Classifieds

1 to 25 of 4072 Ads Contact Me 53 minutes ago Pretoria North Panel beating Spray painting,polishing, car full service,Brakes Replace&Brakes & Disc skimming Engine OverwallALL WE DONE HERE read more Contact Me 53 minutes ago Pretoria North HOW TO JOIN FOREVER LIVING Its free to join the business. . . You join by filling a form. . . read more R 6 100 1 hour ago Pretoria Moderated Join for free, buy a stock of only R3094 and start enjoying: Free training; 30% Profit; 5-50% Monthly bonus; Level change bonus; Local trip; International trip; Car allowance; On your death your.

Category: Small business


Bunk bed businesses - The hostel for budding entrepreneurs - BBC News

By Yogita Limaye BBC News correspondent, Bangalore Media playback is unsupported on your device Media caption The Indian hostel exclusively for people starting up their own businesses On a small yet busy lane in central Bangalore is a three-storey white house with a bright orange gate. You might not notice the property when you walk past, but some of India's best companies of the future may be being dreamed up inside. The southern Indian city of Bangalore is India's start-up capital. Entrepreneurs from across the country, and indeed some from around the world, flock to the city - which is also the centre of India's computer industry - looking for ideas, investors and office space.

Category: Small business


Best Inventory Software for Small Businesses

In this article, we look at three of the top inventory management software providers and compare them based on cost, features, ease-of-use, and customer support, recommending the one we feel provides the best overall value for your small business. Best Inventory Software for Small Businesses: Lightspeed Retail For the traditional brick-and-mortar small business owner that sells the majority of their products in-store, Lightspeed Retail is a great inventory management software. It is very well-priced, has well-rated 24/7 phone support, is easy to use, and has all the inventory management features most brick-and-mortar small businesses will ever need.

Category: Small business


5 Free Tools to Draw a Network Diagram - HardBoiled

Being able to draw a network diagram is an essential first step for a small office network setup. It helps you identify the appropriate hardware needed for the task, and logic that goes into installing it. Good network diagrams are not difficult to construct, and you do not need to spend a fortune on fancy software to draw a network diagram—especially for a small office. Here are five tools that can do the job for free, or almost free. CADE Editor CADE is a primarily a CAD tool, but it also has fairly robust network diagramming functionality.

Category: Small business


7 Small Business Conferences You’ll Want to Attend

Where can you network with other small business owners, learn something new, market your business, and take a break from your normal, day-to-day routine? At a small business conference! There are conferences galore to choose from held all over the world, but for our money, these are some of the top ones that small business owners and entrepreneurs should consider attending. Small Business Expo Where/When: New York City, 5/16/13; Dallas, 6/20/13; Boston, 10/17/13; Los Angeles, 11/7/13; Miami, 1/16/14 Highlights: Small Business Expo is the biggest nationwide B2B trade show, conference, and networking event for small business owners.

Category: Small business


The 10 Best Payroll Services in Denver, CO 2017

Tell us what you need so we can bring you the right pros. Receive up to five quotes from pros who meet your needs. Compare quotes, message pros, and hire when ready. Anna was very helpful and patient working with me to get set up (show less) very prompt and professional, alleviated my anxiety! (show less) I have very basic knowledge and Noreen has helped me figure things out gradually to ensure my bookkeeping is in order. Her flexibility and willingness to grow with my business is key. (show less) {[{ pricing. estimation }]} {[{ pricing.

Category: Small business


Employment law: A quick guide for small business owners

Make sure your business is acting legally when it comes to dealing with employees Abby Hardoon If you’re taking on staff for the first time, it’s crucial to get to grips with employment law.   Employment law encompasses dozens of different laws and acts in relation to the rights of employees, including disability discrimination, senior employees rights, health and safety and contracts to name but a few. Due to the complexity of this legislation, medium to large companies often choose to employ solicitors or business advisers to make sure that all the procedures are watertight in terms of the law and how they treat and deal with employees and their disputes.

Category: Small business


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