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.