KhanyisaBiz

15/12/2023

Register your new PTY (Ltd) company quickly and correctly with its own unique name.

You can register a company as a non-profit company or profit company. Husstle free, cheap and faster. We offer a variety of Company Registration Packages.

06/07/2023

Lesson on tax returns...

30/03/2023

South African consumer finances took another hit today as the South African Reserve Bank’s (SARB) Monetary Policy Committee Meeting (MPC) hiked the repurchase rate by 50 basis points (BPS). This was announced by SARB governor, Lesetja Kganyago on Thursday, taking the repo rate from 7.25% to 7.70%.

The MPC decided to increase the repurchase rate by 50 basis points to 7.75% per year, with effect from the 31stof March 2023. Three members of the Committee preferred the announced increase. Two members preferred a 25 basis points increase.

As per SA Reserve Bank's tweets, economic and financial conditions are expected to remain more volatile for the foreseeable future. In this uncertain environment, monetary policy decisions will continue to be data dependent and sensitive to the balance of risks to the outlook.

02/01/2023

https://businesstech.co.za/news/business/651501/four-day-workweek-pilot-launching-in-south-africa-soon-with-20-local-companies-on-board/

New data showed some promising results after more than 30 companies, and almost 1,000 employees in the US, Ireland, and Australia recently concluded a six-month four-day week pilot program.

05/10/2022

R200 AIRTIME GIVEAWAY ‼️

R200 airtime giveaway. Easy as ABC!!!

A. Vote for Khanyisa Tutors as mentioned on the poster.
B. Take a screenshot or video clip of the messages you sent plus the thank you messages you received as confirmation of your entries.
C. Send your proof of votes to 0629238831.

The Winner, with most votes, will be announced on Sunday, 16th October 2022.

29/08/2022

A good employee benefits package can make employees feel rewarded and appreciated for their work. Benefits also provide support to an employee’s family, health, and financial future which can help attract and retain top talent.

As an individual, your ability to earn an income is your most valuable asset, whether you're a young graduate, employed by a company or a business owner.

From a financial planning perspective, your future earnings potential has a significant financial value. It should therefore be apparent that losing your ability to earn – either temporarily or permanently – poses a significant risk to your quality of life. This could come about through illness or disability. Of course, death will result in the financial risk becoming even more significant if you support a young family.

A good employee benefits package is the one that makes provisions for such risks.

05/08/2022

TIME MANAGEMENT

Improving your time management at work allows you to enhance your performance and achieve your desired goals with less effort and more effective strategies. However, failing to manage time or poor time management skills at work can result in: Missed deadlines and appointments. Procrastination and lack of focus.

Let’s analyze the three pillars of effective time management:

1. Awareness: you need to understand that time is not something you can expand, limit, or flexibly adjust to your needs. It’s a limited resource that needs to be used wisely.

2. Arrangement: is about planning your tasks, activities, or intends to fit them in your schedule smartly.

3. Adaptation: is important when priorities shift or plans change so you can adjust the schedule accordingly to how much time you have.

Managing time is a constant process that has to be monitored, adjusted, and optimized. No tool or strategy will help you be more efficient if you can’t set up this process right.

22/07/2022

Understand your break-even point

To understand if your business is capable of making a profit, first you need to know what your break-even point (BEP) is. Not many start-up businesses can achieve profits from day one. The early stages are often about investment and absorbing some losses to eventually break-even.

BEP is reached when your revenue and the expenses are the same. At this specific level there is no profit, or loss, you are therefore breaking even. Consequently this informs you how many products, or how much output in terms of services, you need to sell before you can surpass the BEP and be in profit.

You can also use the BEP figure to decide if you need to increase prices, or reduce costs, or a combination of both, in order to achieve a profit in the future. BEP is calculated through the following formula: BEP = Fixed costs / (Sales price per unit - Variable costs per unit)

18/07/2022

Outsourcing is the practice of using outside firms to handle work normally performed within a company. Small companies routinely outsource their payroll processing, accounting, distribution, and many other important functions.

Outsourcing provides a number of long-term benefits:

1. Convert fixed costs into variable costs, meaning you will only pay us for the task/project at hand.
2. Increase efficiency.
3. Reduce labor costs.

Outsourcing can help small businesses act "big" by giving them access to the same professional, efficiency, and expertise that large companies enjoy.

11/07/2022

The Importance of separating your personal and business finances.

Keeping your personal and business expenses and finances separate when starting a business is essential to how your company operates and how it is perceived by the corporate world when you are looking to finance or sell your business.

Business is business
Your business is a separate entity and needs to remain that way. There are some critical reasons why you need to keep them isolated from each other.

Your Image
Looking professional by having a business bank account instead of asking clients to pay you into a personal bank account is much better. It makes you look like a professional entity and not some fly by night.

Tax
A significant reason to keep all personal and business finances and expenses separate is for tax and tax deductions. Blurring the lines can cause issues when you are trying to establish your business value and profit.

Business Credit
Establishing your business as a profitable entity is crucial when looking to get credit, loans, payment terms, or down the line, looking to sell your business as an asset.

06/07/2022

1. Having a business account.
2. Establishes trust with your clients.
3. Tax benefits
4. Legal liability protection.
5. Getting funding
6. Applying for tenders.
7. Protecting your business identity.

28/06/2022

Current project 's second annual event 👌❤