by Evolve Audit & Advisory | Jul 27, 2023 | Business, Financial
“Borrowing isn’t inherently bad; it depends a lot on what the debt is financing” (Stephen Moore, writer and economic commentator) Taking on debt can be a good thing for a company. It can fund expansions, help you seize market share or diversify offerings....
by Evolve Audit & Advisory | May 29, 2023 | Financial, General Interest
“A trustee has a responsibility to guard the assets of others with a higher degree of care than he does his own.” (John Ashcroft) Onerous new duties have recently been imposed on all trustees of all trusts – by government through legislative amendments, and also...
by Evolve Audit & Advisory | Apr 25, 2023 | Business, Financial
“A house built on granite and strong foundations, not even the onslaught of pouring rain, gushing torrents and strong winds will be able to pull down.” (Haile Selassie, Former Emperor of Ethiopia) When starting a new business, few things are as important as...
by Evolve Audit & Advisory | Feb 27, 2023 | Business, Economy, Financial, Tax
“This is not an austerity budget. It is a budget that makes tough trade-offs in the interests of the country’s short and long term prosperity.” (Finance Minister Enoch Godongwana – Budget 2023) Finance Minister Enoch Godongwana’s second Budget contained no major tax...
by Evolve Audit & Advisory | Oct 27, 2022 | Business, Financial
“I would borrow money all day long, if the cost of borrowing is less than the expected return.” (Brad Schneider, American congressman) At some point it’s more likely than not that your small business will require a business loan. A 2021 study done by Fundera (a...
