Wednesday, 29 July 2015

Small business risks in South Africa

So many South Africans own a business without realizing the risk.
Talked to a business owner the other day, he was lucky and his business grew very fast. He had some advice from a lawyer and a little more from an accountant but 3 years down the line he has a company with little assets except in cash, massive tax debt protection measures like Pty ltd's and Trusts but all setup incorrectly or managed improperly exposing him to massive financial risks.
Think this can't happen to you and it only happens to large companies?
You are very wrong. Most companies in difficulty are small businesses with turnovers of less than R500 000 a year.
#DebtSpecialist #TaxDebtSpecialist #LikwidationSpecialist #AssetProtectionSpecialist #MeechamPrinsloo
EUGENE PRINSLOO
Partner
Meecham, Prinsloo & Associates
Personal Debt and Insolvency Practitioners

We are not debt counsellors and we do not offer debt counselling as a solution.

Call/SMS/Whats App 0813166983
Email eugene@meechamprinsloo.co.za
Fax 0867644392

Do you know anyone that struggles with debt? Refer them to us and we will take good care of them.
We are also able to offer you a referal commision, so talk to us and let us know who you know that needs help, just send us their email address and we will do the rest.

What our clients say

What our clients say...

" you literally saved my life, I was paying more than R8000 per month on debt counselling, now more than 80 % is legally written off and the balance I can pay off at R1700 per month. Thank you, thank you, thank you"
Steven from Durban vgl

"For 3 years I have been under debt counselling and my debt just increased. In 90 days my debt was wiped out and I could make a fresh start. Thank you Eugene"
Louise from Kempton Park

"I had more than R300 000 in debt. Now I have zero"
Thato from Durban

"On debt review by debt kept increasing, now I have a consolidated reduced debt that I can settle in easy monthly installments.
JP Smit Kempton Park

"Ek het my huis en kar verloor en die bank het nog steeds betaling gesoek. Sekwestrasie het dit gestop"
Danie Pretoria