Small Business Resource Centre
TIPS AND tricks you need to RUN a successful small business.
Why do you need to have a Will
The Last Will & Testament is one of the most important legal documents every adult should hold. Even more important to have when you are a parent or married with a family. This written document instructs and expresses the way an owner of property wishes to give...
Insuring your smartphone or laptop? What you need to know.
For many of us, our smartphones and laptops are some of the most expensive items we own. It only makes sense for us to insure them in case anything should ever happen to them. Being money smart means we know accidents DO happen. Therefore, we plan ahead so that we’re...
Understanding different payment options:
When you buy big items like furniture, you would normally have a few options on how to pay for them. Usually, the store will give you any of these 3 options: Pay cash (usually this can come with a discount)Pay in 3 months (Usually this option does not come with...
How to set Financial Goals on an impossible budget:
Financial goals are financial needs that you would like to achieve in the future. Things like saving for stationery, saving for a family event (Weddings, Unveiling of Tombstones) are more short-term goals. Long term goals will be like saving for children’s education....
What is an Emergency Fund and how can it possibly help you?
No matter how money smart you may be, we all know emergencies WILL happen. From a geyser giving in, right in the middle of the month, to your little one losing their school jersey or that taxi fare going up once again! Emergencies will happen and they almost always...
How you can start saving for your children’s education:
Education is one of the basic needs for children, and every parent’s dream is to see their children succeed. Many parents want to know when they can start and how much is enough, but the simple truth is; saving for a child’s education is a long-term goal. The...
Budgeting for the increasing Costs in RSA
The rise in the petrol price affects everything, which means everyday goods get more expensive accordingly. The cost of transport, groceries and housing keeps going up and sadly, our income remains the same. This tells us, we need to go back to our budgets and remove...
Importance of paying your accounts on time
Paying your accounts on time is a good financial habit everyone should entry to follow, especially since it can negatively affect your finances, if not done properly. So, what could possibly be affected if you’re paying your accounts late? Credit score When borrowing...
I wish I knew that I needed a valid letter of good standing to apply for contracts and tenders.
Workman's Compensation Fund (COID) Letters of Good Standing are documents that assure the fund will assist you in providing compensation for any work-related injuries or harm to your employees if your payments are up to date. Most clients require a Letter of Good...
