Review all costs - suppliers, packaging, postage, software, every penny that goes out of the business ought to be reviewed and checked to...

Have you heard of the term "overtrading"? and do you know what it means? Overtrading is when a business expands too fast without the...

It might seem an odd thing to say "There's no such thing as failing in business" but there isn't. I'm not talking about businesses...

“Building wealth is not sexy; it’s boringly consistent. Your daily principles are what grows your net asset value.” 1. Employment Tax...

While each company has its own set of key performance indicators (KPIs), there are some common KPIs that every small business should be...

A profit & loss statement (P&L aka income statement) is a financial report that shows your total income, total expenses and net income...

The difference between a hobby and a business... a hobby will cost you money and a business will pay you 💸 Wondering how to pay yourself...

Trying to DIY your bookkeeping? You NEED these four things 👇🏻 ✓ A separate bank account... running expenses through your personal...

Everyone wants an accountant’s help when tax season strikes. Few people, however, know the kind of value HM Accounting can add outside of...

We have seen considerable changes in customer behaviour as challenges such as the pandemic, the unrest in July, and rolling blackouts...

A wealth of data now exists on the difference a written business plan makes, especially for small or growing companies. In this post,...

1. Do You Look Like a Professional or Freelancer? When you refer to what you do professionally, I recommend saying, “I’m a professional...

Tax for small businesses in South Africa Tax isn't at the top of many entrepreneurs' to-do list. There are plenty of other things that...

In this article we will be looking at some basics around margins, helping you to understand your financials better. Let's start with a...

For many entrepreneurs, tax is not at the top of the to-do list. Deadlines may seem like a long way off, and there are plenty of other...

Many small businesses do the basic administration on a day to day basis - raise the invoices, pay the bills - but the rest of the...

In this blog post we look at what is considered taxable income for a sole trader or partnership that would need to be included in your...

Thinking about starting a side hustle? Perhaps you imagine quitting your job one day to take your business full time? Wondering what you...