Use Cashflow and Profit Insights to Answer These 5 Big Questions Buying a business can be an exciting opportunity. Instead of starting from scratch, you are stepping into an existing operation with customers, suppliers, staff, systems, and a trading history. But that does not mean the decision is simple. A business that looks profitable on […]...

A business can be busy, selling and even profitable on paper while the bank balance still feels under pressure. That is what makes business cash flow problems so frustrating for owners. The activity is there, the work is happening and the income statement may not look disastrous, but there still may not be enough cash […]...

Month-end can feel tight even when sales look healthy. Salaries are due, suppliers are waiting, VAT or PAYE may be coming up, customers are paying late and the bank balance does not always match the profit shown on paper. For many South African SMEs, the stressful part is not only that cash is limited. It […]...

A growing business can look healthy on paper and still feel short of cash at the wrong moment. Sales may be up, new orders may be coming in, and the team may be busier than ever, but VAT, PAYE, payroll, supplier payments and slow customer collections can still create pressure. Good cash flow management services […]...

Improve your commercial trading company’s cashflow by managing debtors, stock, supplier terms, expenses and working capital more effectively....

Small business cash flow becomes difficult to control when owners rely on the bank balance alone. The real issue is timing: when customers pay, when suppliers expect payment, when payroll runs, and when SARS obligations fall due. The solution is disciplined monthly visibility, so decisions are based on the actual cash position and the drivers […]...

Cash flow improvement becomes urgent when sales look healthy, but the bank balance cannot keep pace with salaries, suppliers, tax and growth costs. For many South African SMEs, the solution starts with stronger control over the drivers of cashflow: when customers pay, when commitments fall due and whether profit is being converted into usable cash. […]...

A cash flow accountant gives business owners clearer visibility over why cash is tight, even when sales are growing or the accounts show profit. For many SMEs, the problem is not a lack of effort or ambition. It is the timing of money coming in, obligations going out, and decisions that affect liquidity before they […]...

Effective cash flow management for SMEs is key to financial stability. Learn how cash flow improvement strategies and expert financial company support can strengthen liquidity....

VAT registration in South Africa can be confusing for business owners. This step-by-step guide explains SARS requirements, timelines, and common mistakes to avoid....

Cloud based accounting has become the foundation of effective financial management for businesses of all sizes. Drake Financial Services South Africa offers a complete range of services that include cloud based accounting, VAT registrations, VAT refunds, trade credit solutions, cash flow solutions, tax practitioner support, and payroll management. These services work together to create a […]...

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All businesses start with an idea. But you’ll need more than an idea to make your business dream a reality. Planning, skills, resources, time – and a little luck – are all important....

It’s important to take the time to do this carefully, and there are a few things you’ll want to consider first....