Legal issues for a new business

Some of the legal environment issues that a new business has to be alive to include: – Licencing requirements – Health, workplace, or environmental regulations – Special regulations covering your industry or profession – Zoning or building code...

Importance of cash flow for any business

If profit is the heart of your business, cash flow is the blood. Businesses (including profitable ones) fail because they cannot pay their bills. Who is planning or managing your cash flows?

Why a Board Charter

Board charters have become a popular tool for boards to first discuss and then document the policies and guidelines that guide governance for their particular organisation. A board charter is defined as: A written policy document that clearly defines the respective...

Financial Literacy in the Workplace – when

When should financial literacy workshops be introduced in the workplace? Companies provide ample opportunities to equip their employees with technical, behavioural and leadership competencies, not only based on the needs of current positions, but also in preparation...

Forensics – Internal Controls

What are internal controls? Internal controls are ‘Systematic measures (such as reviews, checks and balances, methods and procedures) instituted by an organization to 1. Conduct its business in an orderly and efficient manner, 2. safeguard its assets and resources, 3....
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