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Thread: A-Z of business operation

  1. #21
    Site Caretaker Dave A's Avatar
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    Roelof, I think you face the same problem as any experienced professional. There is only so much you can delegate.

    You know, it doesn't seem that long ago that the world was awash with accountants, for example. Now it seems there's this global shortage. And it's not just accountants. It's all sorts of professions.

    I'm quietly wondering how much the pay-for-time trap has affected this.

  2. #22
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    I would say this thread is one of those that need to be continually updated. When you come across something that is slapping you in the face jot it down and we can all learn from it.

    Sometimes one needs to look at the amount of work one does Roelf. Maybe you could give off some of your work load to someone you could hire.... Accountant/Analyst/Programmer (to design a program to work for you and reduce your problems) etc

    I'm sure you are doing more then just consulting as we as business owners know you don't ever just do one job.
    Wellinformed.co.za - Networking Forums SA partner site. Let's support each other for a better South Africa.

  3. #23
    Diamond Member wynn's Avatar
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    Check out Pete Bowen's site at
    http://www.nomore247.com/idevaffilia...ate.php?id=105

    and yes if you decide to buy I get an affiliate com.
    He has this time management and prioritising of business startup totally mapped and modulised so you only use what you need when you need it.


    damm can't seem to get rid of the pesky dots in the first word affiliate

    link seems to work anyway

  4. #24
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    Hrm interesting... ill look into it.

    Anyone have some insight about owning more then one company? And the extra charges you get for having more then one company? Does this also apply to 1 CC T/A 2 seperate companies? or is it related directly to the CC that you have.
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  5. #25
    Site Caretaker Dave A's Avatar
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    The biggest "disadvantage" at the moment is you lose a whole pile of tax breaks you might qualify for.

    The other thing you have to be careful of is diluting focus.

  6. #26
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    Hrm,... would creating a PTY with umbrella companies still be considered the same problem?
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  7. #27
    Platinum Member Chatmaster's Avatar
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    I have different companies that are focusing on Lateral business. For example,
    I have belateral cc which are mainly focused on seminars and workshops
    samarketing cc which are a marketing leg and are responsible for marketing
    Omnus Solutions CC that are responsible for events etc. And so forth, all of these businesses are working together to deliver related services. My focus are therefor not divided but my risks are. Each of these companies take individual financial risks for certain things, therefore if one meets the doom the others are safe. There are other reasons for this as well but that is not important right now.
    Roelof Vermeulen (Entrepreneurship in large organizations)
    Roelof Vermeulen| Rock flaps south africa

  8. #28
    Platinum Member Chatmaster's Avatar
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    Just an added note, there are tax implications in running businesses like that, just keep that in mind else you might pay more to SARS than you should.
    Roelof Vermeulen (Entrepreneurship in large organizations)
    Roelof Vermeulen| Rock flaps south africa

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