Category - Starting a business

sole trader

Tax tips for freelancers or sole traders

Many people have left corporate employment to start a home-based business or join the gig economy, and this will be the first time that they are facing the challenge of filing their tax return under their new status as freelancers or sole...

Entrepreneurship is key to job creation

When looking for a solution to the problem of job creation, we so often place the responsibility at the door of small businesses. But it's not the size of the business that matters - rather, it is the spirit of entrepreneurship that is key to...

How best to structure the sale of a business

Chris Norris, an Audit and Assurance Partner at BDO South Africa, provides some insight into the finer financial realities of selling a business or company. Quite often, the net proceeds receivable by the owner from the sale of a business are...

The fine art of franchising

You want to be your own boss and becoming a franchisee seems like the perfect way to do it. Before you go racing off to make your fortune, though, there are a few things you need to bear in mind. Zanele Mvelase was on the executive fast track...

The genius of crowdfunding

Imagine a small-business funding model which allowed you to raise capital without going into debt or giving away equity, and which also test-drove your product idea before you even launched it. Crowdfunding has taken the world by storm and...

Surviving 2014 as a small business

South Africa’s economic outlook for year 2014 remains the subject of a national discussion and economists continue to emphasise that the country is not out of the woods yet. Early in 2014, consumers were greeted by yet another petrol price...