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Corporate governance: Financial year-end of a company

Corporate governance: Financial year-end of a company   Every company has a financial year. A company’s financial year is any 12-month period that the company uses for accounting purposes. The financial year-end of a company is usually the end of any quarter, such as the end of February, June, September or December.   Even though […]

Assertiveness in the workplace

Being assertive in the workplace will not only boost your self-esteem, but will also have a positive impact on your professional career. Every organisation, no matter the industry, will have bossy co-workers, lazy team members, and overbearing managers. If you stand up to these individuals in a professional and respectful manner, that’s being assertive. There […]

What’s the buzz about Business Rescue?

If a company/close corporation is in financial trouble and all possible avenues to save the business have been exhausted, there is one last option available to save the business: it can lodge an application for business rescue at the CIPC. In order to qualify for business rescue proceedings, the business must satisfy the requirements as […]