This unfortunate situation plays out time and again in businesses around the world. The death of an active business partner places undue stress on both the business and the surviving partners.Business owners must be prepared for any eventuality that might affect their businesses, including the sudden departure of a business partner. Disaster can be avoided if business partners have an up-to-date buy-and-sell arrangement in place.A buy-and-sell arrangement consists of two parts:First, a buy-and-sell agreement, which is […]
Continue readingMore Tag
Easy tax-claim tips to keep you ahead!
Bank statements, municipal bills, phone bills, petrol slips, receipts, the list goes on. It’s that time of year again, when you have to forage through stacks of paper for everything that you need to fill in your tax return.Not everyone is great at admin… and there are piles of things to keep track of; it starts to mount up if you don’t have some sort of system in place.Here are some basic tips on how to […]
Continue readingMore Tag
ANIMAL SAFETY FOR GUY FAWKES
Studies show that interactions with therapy animals can decrease stress in humans. Playing with or petting an animal can increase levels of the stress-reducing hormone oxytocin and decrease production of the stress hormone cortisol. With 5 November around the corner I thought I would share some safety tips for pets and animals to reduce their stress on Guy Fawkes night. Remember that firecrackers are dangerous and safety is essential. Crackers should only be used outdoors in […]
Continue readingMore Tag
TIPS TO SAVING FOR YOUR CHILDREN’S EDUCATION
Investing in your child’s education is often one of the most important yet challenging saving endeavours you can undertake and as a parent you don’t need any reminding of the urgency to start planning and saving today.Having a baby has financial implications and most new and future parents need to start saving straight away if they want to be financially prepared to fulfil the dreams they hold for their children. Many new parents, however, neglect to […]
Continue readingMore Tag
HOW TO SURVIVE CHRISTMAS
Christmas is almost around the corner. If you want to survive the holiday season without sapping your bank account, now is the time to start planning. The number one rule for spending money is this: Have a plan, but don’t just have a plan – stick to it!Draw up a budget If you’ve read my blog before then you know that I swear by the budget, this time you’ll need two. One for gifts and the […]
Continue readingMore Tag
KEEPING ABREAST OF CANCER
October marks Breast Cancer Awareness month, the second most common cancer (after skin cancer) in women in South Africa. According to the National Cancer Registry, 1 in 33 women are at risk of developing breast cancer.Men can also develop breast cancer although they are at a significantly lower risk with 1 in 1249 developing this disease.There are a number of factors that contribute to your likelihood of developing breast cancer. Lifestyle plays a major role — […]
Continue readingMore Tag
WEAK RAND HAS A MIXED IMPACT ON PETROL PRICE
The Department of Energy recently announced that 93 grade petrol will decrease by two cents per litre from October 7. There will, however, be increases in 95 unleaded, diesel and illuminating paraffin. The department noted the main reason for the price hike was the weakening of the rand against the dollar.The price of 95 ULP and LRP petrol is set to increase by 4c a litre. The price of diesel receives the biggest increases; 0.05% sulphur […]
Continue readingMore Tag
AS RATES INCREASE, SO WILL THE PRESSURE
Looming interest rate hikes in South Africa should theoretically lift savings rates by boosting returns, but in reality they will only make it harder for heavily indebted households to repay loans, leaving little extra money to set aside. “As a country we save way too little,” said Rian le Roux, an economist at Old Mutual. “You’ve got a group that ought to be able to save but tell you they can’t, after paying off the excessively […]
Continue readingMore Tag
BOOST BUSINESS WITH A BLOG
Loads of people are doing it nowadays, but not everyone understands why it’s important. Blogging is a powerful marketing tool for your business – if you want to grow and sustain online communication (and business…) with your clients and customers, then this is an elemental piece of the puzzle.There are multiple ways to increase your online audience. Paying for advertising is one of them, but it can be costly and only goes as far as your […]
Continue readingMore Tag
THE BENEFITS OF A TAX FREE ACCOUNT
With the introduction of tax free savings accounts (TFSA), people have been wondering what sort of benefits they provide. So what are the main reasons to consider a TFSA?The first reason would be to replace the interest exemption in our tax laws. It was specifically stated that with the introduction of the TFSA, there would be no increase to the annual interest exemption in future. Since many retirees used this interest exemption to minimise tax in […]
Continue readingMore Tag