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What the budget speech means for business funding solutions
February 24, 2023Finance Minister Enoch Gondogwana delivered his annual Budget Speech on Wednesday, 22 February. If you’re reading this article, it’s possible that you didn’t watch it and you need to arm yourself with just enough information not to look like a fool at the water cooler. Or you just like to remain just really, really well…
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Master finance in business with these top tax tips
February 13, 2023The conclusion of the 2023 tax year is fast approaching and tax season is upon us. With this in mind, we’re sharing a helpful guide on how to navigate tax like a pro. This is by no means an exhaustive guide to tax – you’re better off engaging the services of an accountant or a…
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The future of financing: Are you ready for 2023?
February 07, 2023Personally, we don’t remember the last time a financing article began with a sentence that didn’t resemble something like, “Businesses have faced unprecedented challenges in the past year…” Take it as a sign of the times. Unfortunately, things are not exactly about to look up for businesses in the wake of the headline-hogging challenges which…
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BridgePay: Alternative funding for business
January 31, 2023When you’re on the hunt for alternative funding for business, trade credit might not be the first solution that comes to mind. But using trade credit – whether you’re selling to or buying from other businesses – is a convenient and effective way of solving the same cash flow challenges that would push you to…
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Calculate your cashflow finance options: funding fundamentals
January 26, 2023Let’s imagine, for argument’s sake, that a timer started running the moment you started reading this article. Remember that timer. Okay, now back to the matter at hand. Because you are reading this article, that means that you are investigating alternative business funding options. Many businesses in South Africa run into cash flow dry periods….
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Why SMEs that need a business loan are losing interest in business funding
January 23, 2023We’re going to come out and say it: securing business funding sucks. Outdated business funding processes belong to an anachronistic lending system which – let’s face it – is crumbling under the advance of a more customer-centric fintech industry. SMEs that need a business loan are losing interest in these processes – literally. When you…
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Cash flow, or cash flop? Your January business horoscope
January 17, 2023Depending on what industry you work in, the start of a new year can represent radically different things. Right now, some of us are wound tighter than the purse strings, while others can’t count the cash fast enough. After all, one man’s cash flow is another man’s cash flop. To help you prepare yourself for…
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Four ways SMEs can prepare for the festive season
December 06, 2022Another year has come and passed, and preparations for a new one are already underway. While it is an exciting time for businesses as they soak up the festive cheer, a lot of preparation is required before we can call it a day. Including in-store and online promotions, marketing efforts to support them, and preparing…
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