As business advisers, we are often told by your clients that finances are in the hands of the accountant and all is OK. Especially in SMEs, you often find the entrepreneur thinks financial management is for accounting and reporting to SARS. They often do not even have a good perspective on the most critical financialRead more
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Business advisors know about the frustrations with many of their clients who see record keeping as a burden they could do without. If it was not for required compliance to meet tax and company laws, these clients may have settled on keeping an eye on the bank account only. But the insights a business mayRead more
Div de Villiers Big shifts are about to shape the work of those involved in business advising — whether as a mentor, coach, consultant, trainer, or any other role aimed at supporting entrepreneurs and small businesses. However, business advisors have an opportunity to influence the details of these shifts through participation in a national discussionRead more
Small business owners often find themselves filling the roles of a shareholder, director and manager of their businesses. They have to wear all three these hats but often find it difficult to maintain a balance between the required roles. They’re not able to choose the right hat for the right occasion, creating big challenges forRead more
When we talk to small business entrepreneurs about their challenges, funding and access to markets are probably the top issues they mention, not the national budget! Their interest in the annual Budget, delivered by the Minister of Finance, is mostly limited to how red tape and taxes will impact business going forward. Naturally, the BudgetRead more
Minister of Finance Tito Mboweni It is not only tax and financial advisors who have to stay informed on what the Minister of Finance’s plans are for tax collection and government spending. The government budget is something that affects all businesses and is therefore important to a range of practitioners offering different forms of businessRead more
Members are hereby informed of the following new development: Our Board Chairman, Mr Shahied Daniels, recently accepted a full time position as CEO of the South African Institute of Professional Accountants (SAIPA) with effect from the 21st January 2019. The Board consequently held a Special meeting on the 30th January 2019, which was followed byRead more
The Small Enterprise Development Agency (SEDA) have signed an agreement with the Services-SETA to train Employed Learners on the Skills Program called “New Venture Creation”. According to the SETA, Employed Learners refers to those people who are employed to assist small enterprises. As a member of IBASA, you are hereby encouraged to enroll for thisRead more
The Free State chapter of IBASA recently went on a successful drive to execute grading accreditations of Business Development officers and Center Managers at various institutions across the province. The regional IBASA chairperson for Free State, Mr Philemon Khatlake was there to oversee proceedings. It’s always pleasing to see IBASA making an impact at relevantRead more
IBASA KZN Launches Pro-Active Entrepreneurship Initiative At Memorable Breakfast Event – Story & Pictures by Sheetal Cross The Institute of Business Advisors Southern Africa (IBASA), KwaZulu-Natal (KZN) used its inaugural breakfast session on the 27th November 2018 to promote the KZN Chapter’s Pro-active Entrepreneurship initiative. Held at Southern Sun’s Elangeni and Maharani Hotel inRead more