Thursday, 29 September 2022

for Business Owners

The Wellness Factor of life is most importantly about understanding what wellness means, and its impact on your life. Wellness is the practice of healthy habits every day to achieve better physical and mental health results, surviving as well as prospering. To achieve this state of being in the fast-moving modern society, one must ensure there is a medical product or service they are consuming, even for the family.

South African small businesses are capable of sustaining the lives of their business owners, communities, and the national economy, as they are the largest employer (50% of labour force), and contribute over 30% of GDP. The World Bank and International Finance Corporation (IFC) call this sector "The Unseen Sector of South Africa". It is unseen because it is the most ignored yet has the greatest potential, as it is involved in all other sectors.

NRB Accounting makes Financial Accounting easier, faster, and most importantly, cost effective. NRB Accounting is an Accounting firm established at the beginning of 2018 with its primary focus on financial services to clients; these services ranging from Accounting, Taxation and Advisory.

It is very important to have a good business plan in South Africa, because the markets are not as clear-cut as they are in advanced markets in Europe. A South African Start-Up requires more planning just to acquire the capital, because there is need to ensure that the business is executable, measurable, and most importantly, profitable.