Securing funding for your business does not have to be complicated or time-consuming. TLOK has partnered with Bridgement, who offer unsecured business funding as a straightforward alternative to traditional bank financing.
Business funding with Bridgement Read More »
Is it management or the employees responsibility is it to maintain employee relations?
Each company requires a balance of both positions. However, being a leader involves more than simply guiding people. Just as the top of the company needs balance, so do the employees reporting to management. Employee relations refer to the company’s efforts to maintain positive relationships with its employees.
Whose responsibility is it to maintain employee relations? Read More »
The financial year end of a company (also known as Fiscal Year End or FYE) is undoubtedly the busiest period of a business’s year.
Essentially, it is the wrapping up of the company’s accounts for the business year. This assists all key stakeholders assess the company’s profits, losses and overall financial performance for the year that was.
Preparing your business for Fiscal Year End Read More »
Proper planning of cash flow should be done to ensure that earlier release of monthly expense obligations or preloaded payments will be authorised before the office shutdown period, given that most administrative staff members will be on leave at month end in December. It is never pleasant to start the new year with overdue and unpaid accounts.
Handling your Debtors and Creditors in December Read More »
Accounting software is most certainly a vital tool for proficient, precise, and effective Financial Management. Sage Accounting Software is widely recognised, of the many options available, for its accurate and comprehensive Financial Management Solutions. Sage is popular choice which meets the demands of both small startups and larges businesses.
SAGE Accounting Software Read More »
While management may know what time should be spent on a project, there are several variables that affect the time spent on the project by staff. Variables like, rest, personal issues, time of the day, distractions, politics in the office, internet speed etc all have an impact on the time spent on completing the project.
Any manager in the service industry will tell you that it is almost impossible for staff to meet all their time budgets on their projects.
So instead of measuring the input that your team is putting into each project rather focus on the output that you expect from each team member to meet their salary costs each month.
Measuring Output Vs Input Read More »
Great communication begins with connection; constantly talking is not necessarily communicating. Effective communication depends on the words we choose, how we say these words and our body language. These define how you convey and receive information, interact with others, and even tackle issues such as potential conflicts in the workplace.
What Does It Mean To Be A Good Communicator? Read More »
We all know how frustrating it can be to wait for a VAT refund from SARS, which has a negative effect on cash flow within businesses.
You are entitled to a VAT refund (if applicable) within 21 business days of submitting the VAT return
VAT Refunds & What Can Be Done To Expedite The Refund Read More »
Communication is more than an exchange of information and for it to be effective, there are many elements that need to be considered.
Such as the following:
The Importance of Communication With Your Team & Clients Read More »
The statement of financial position which is also known as the balance sheet, is a financial statement that reports the assets, liabilities and equity of a company at a particular date.
The statement shows what a company owns (assets), how much it owes (liabilities), and the value that would be returned to the investors if the company was liquidated (equity).
The Statement of Financial Position: Assets Read More »
