by Evolve Audit & Advisory | Jun 26, 2024 | Business, Financial
“One of the fun things about venture capital is you are constantly learning new ideas and strategies from one business and then applying them to others.” (Joe Lonsdale, technology entrepreneur and investor) At its simplest, the term Venture Capital (VC) simply refers...
by Evolve Audit & Advisory | Mar 26, 2024 | Business, Financial
“The cold, harsh reality is that we have to balance the budget.” (Michael Bloomberg, former New York City Mayor) Budget shortfalls are not uncommon across the public and private sectors, especially in these economically challenging times. A budget shortfall is a...
by Evolve Audit & Advisory | Feb 27, 2024 | Business, Economy, Financial, Tax
“Our bigger challenge… is that our pie is not growing fast enough and this limits our ability to generate sufficient revenues to distribute among our priority areas.” (Finance Minister Enoch Godongwana – Budget 2024) Finance Minister Enoch Godongwana’s third Budget...
by Evolve Audit & Advisory | Jan 30, 2024 | Business, Financial
“Never take your eyes off the cash flow because it’s the lifeblood of business” (Sir Richard Branson, entrepreneur, investor, and author) Cash is king, said one anonymous business genius. At the end of the day, it’s having money in the bank that keeps a company...
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...
