The benefits of engaged employees – workers who are involved, enthusiastic and committed to their work and workplace - are well-researched and widely documented. These range from increased productivity and improved customer satisfaction to reduced costs and fewer safety incidents, all of which are vitally important for small businesses whose employees often fulfil multiple roles with wide responsibilities. 

Fortunately, there are many effective employee engagement strategies that even small businesses can consider engaging their employees in truly meaningful ways, that won’t break the bank in these already difficult economic times. 

Consider the benefits effective employee engagement can bring to your business, which strategies have proven most effective, and how to implement these even on a tight budget. 

Most entrepreneurs start businesses because they see a gap in the market they think they can fill. The knowledge they have from their careers may have empowered them to see the gap, and to understand how to exploit it, but may leave them short of knowledge in other, critical business areas. 

Obviously, the business’ finances cannot be left to chance and operating them correctly will be essential should any new business owner hope to one day have a viable going concern. Setting up the finances correctly will go a long way toward ensuring there are no problems down the line. To this end, we bring you seven tips for setting up your finances in a new business.

The 14^th of May is a happy day that all South African taxpayers should be celebrating as in 2023, that’s the day after the country has earned enough to pay for our government. Tax Freedom Day (TFD) is a simplified way of showing how much time we all spend working for the government’s GDP rather than our benefit. From January 1^st to May 13^th every cent you earned went to the government’s annual budget, and from the 14^th of May onward all the money goes to you.

By putting the tax burden on a calendar like this, we can clearly see just what it means to be paying taxes, and how much impact tax has on our day-to-day lives, but there is one other extremely useful reason for keeping track of Tax Freedom Day.