GLG Business Consulting Cc

01/08/2023

01/08/2023

Tax amnesty programme is still on. I can help you earn your relief in time. Please DM me....0816850276

10/09/2020

Here are nine reasons why you should choose a Certified Business Accountant for your business.

1. Saves you money: Certified Business Accountants are business performance specialists who will be able to show you ways to improve revenue and cut costs, and focus on those areas of your business which are most profitable – or have the potential to be more profitable
2. Ensures you are tax compliant: This is vital for business survival. Remaining tax complaint, yet knowing how to optimise your business for tax efficiency is part of the service offered by Certified Business Accountants.
3. Reduces costs: Business Accountants will be able to show you which parts of your business are leaking costs so you can improve profitability and returns.
4. Enhances revenue: Oddly enough, one of the easiest things for a trained Certified Business Accountant to achieve is improved revenue, and something that is often overlooked by business owners who are too focused on putting out fires to see the opportunities that are there for the plucking.
5. Improves your business: Business accountants certified by Saiba are specialists at improving efficiency by undertaking a detailed analysis of the business to strengthen affluences and cut out wastage.
6. Mentors and coaches: They will guide and train you in business excellence, and help benchmark your business against your peers.

7. Gets you funding: With accurate financial statements and all your compliances in order, business accountants are perfectly positioned to help you gain additional funding from banks and other sources.

8. Protects against fraud: This is an increasing risk to all companies. Fraud is on the rise, and business accountants will help detect, root out and prevent fraud in the future.
9. Prepares financial statements: This is the traditional role of the accountant. But to maximize efficiency, you need financial statements that tell the story of your company. Armed with the correct information, you can make better management decisions.

05/04/2019

" You don't need tons of good ideas, just a business idea that is worth tons..."- Warren Buffet.

22/01/2018

Business Tip #1 : Are you considering starting your own business this year? If so, you’re not alone. There are many advantages to starting your own business, and I enjoy all of them myself as a business owner and consultant.
First and foremost, if your business is successful, you can spend 8 to 5 doing what you love—this is my number one reason for running my own business. This also gives you the freedom and flexibility to run the business how you see fit; to finally be your own boss.
While starting your own business has its advantages, it also has its fair share of challenges, from extreme stress and long hours to building a valuable product or finding a high-value niche for your service, just to name a few.
To be sure you’re ready, answer the three important questions below.
1. Am I a hundred percent committed? (Or at least “pretty committed”?)

I’m not a fan of the way “commitment” is depicted in the entrepreneur world. The stories we read seem to fall into one of two categories:
- You’re an overnight success.
- You work yourself to the bone and burn out before you’re even up and running.

Someone recently shared a great quote: “An overnight success is 10 years in the making.”
That’s a great reminder of two things:
- You don’t need to be an overnight success to be successful.
- You don’t need to burn yourself out to get there. There can be a happy medium.

While starting your own business does take a hundred percent commitment, that doesn’t have to mean leaving your current job or working long nights and weekends. Juggling a career and a business on the side is challenging, but not impossible. If this is the route you’ll take, do a bandwidth check and create a rough timeline to help you stay on track.

For example, your timeline might look like this:

January: Meet with five successful entrepreneurs in the industry or find a mentor.
February: Put together a Lean Plan: a quick, one-page business plan.
March: Get a website and social media set up—start posting regularly.
April: Find a freelance developer to install ecommerce software and get product listings right.

Ultimately, you’re working toward starting your business with each passing month—without driving yourself crazy in the meantime.
Leaving your job and relying solely on income from your business before you’re ready to do so may leave you struggling to make ends meet, causing unnecessary stress and anxiety. If you wait until you’re 100 percent committed (and financially ready), it will be easier to take the hiccups and roadblocks in stride.

03/10/2017

The importance of a business plan for farming.

A good business plan is a must for a new farmer: it provides a clear strategy and objectives, and helps everyone involved in the operation to stay productive and focused.

In compiling a business plan, you may make mistakes. Never mind! These can be corrected easily on paper before the plan is implemented, saving you money.

Contact 0817220255 now to help you compile your own business plan.

30/05/2017

09/02/2017

TAX INFO/TIP SHARE #7

THE INLAND REVENUE DEPARTMENT (IRD) WILL NO LONGER ACCEPT CHEQUES AS A MEANS OF PAYMENT FOR TAXES AS FROM 01 JUNE 2017...

This notice serves to inform all taxpayers that, with effect from 01 June 2017, IRD will not accept cheques (GUARANTEED OR NOT) as a means of payment.

I hereby encourage taxpayers to use online banking facilities to do Electronic Fund Transfer (EFT's) for tax payments or use Point of Sale Devices, Cash and Direct Deposits as alternative payment methods. The Point of Sale Devices also known as Speed Point Machines are available at all IRD offices country wide with the exception of satellite offices.

Payments of Refunds Cheques for all taxes e.g. Income Tax refund, VAT refund will be terminated completely and therefore the IRD is encouraging all taxpayers to have valid bank accounts and update such account details with IRD.

The Payment Association of Namibia issued a Public Notice stating that cheques will be completely phased out on 31 December 2017. In cognizance of this Public Notice, the IRD would like to gradually prepare for this forthcoming change hence the issuance of this notice.

03/11/2016

"You do not need to reinvent the wheel , just make it roll better." Brian Card , President , CRG.