The Pharsyde Blog
Blogging from the experts
Five Common Mistakes to Avoid
Small business owners are innovative, hardworking and brave. They launch businesses and despite the odds, many of them succeed. However, a rather scary percentage fail. After almost twenty years of looking after small business accounts, we have identified five mistakes common to most small business owners...
Outsourcing options you may not have thought of
Acknowledging the need for help is one thing but knowing what kind you need or where to find it is another. Do you hire? Do you outsource? Or do you do something entirely different?
Understanding the Cashflow Statement
Accounting, Finance, Management
While not all small business owners fully understand the Income Statement and Balance Sheet, most recognise them and have a broad idea of what they are and how to use them. However, the Cash Flow Statement is probably the financial report most responsible for confusion, blank looks and mild panic
Business Owner Requirements
As much as the ownership and management of a South African business comes with great reward, it also comes with a long list of duties and responsibilities. Too many business owners are unaware of these responsibilities.
