Empathy refers to the understanding of the needs, concerns and challenges other people face, be it clients or colleagues. One must be sensitivity to the circumstances and understand what other people feel or see things from their point of view and imagining yourself in their place. Empathy requires active listening and putting oneself in others’ […]
Risk management refers to the strategies and actions organisations put in place to reduce or manage the impact of potential threats to an organization or project. Therefore, the first step to Risk management is potential threats identification. Examples of threats businesses face include cybersecurity threats, natural disasters, project failure, damage to machinery, injury to personnel
Risk management response strategies Read More »
In this dynamic business world, uncertainty is certain. The ability to navigate these turbulent waters and emerge unscathed requires a strategic approach known as risk management. Risk management is a proactive process aimed at identifying, assessing, and mitigating dangerous situations to ensure a smoother journey toward success. HOW DO BUSINESSES IDENTIFY FINANCIAL RISKS? Every business
NAVIGATING THE SEAS OF UNCERTAINTY: RISK MANAGEMENT Read More »
From time immemorial, agriculture was believed to be the production of staple food required for daily survival. However, with the invention of mechanisation, it has become increasingly clear that farming is an enterprise that can be profitable, interesting and will feed nations. We have seen the advancement of farmers venturing in innovative farming like hydroponics,
Every farmer needs an accountant!!! Read More »
Often times, growing businesses, particularly start-ups, find navigating the complex landscape of accounting and financial management daunting. They usually require simplified and affordable solutions. Sage One comes in handy in that regard. Sage One is a comprehensive suite of cloud-based accounting and invoicing software designed to streamline processes. Over the years, this solution has empowered
How growing businesses benefit from Sage One Read More »
A tax is a compulsory financial charge or type of levy imposed on an individual or legal entity (Tax Payer) by a governmental organization (Botswana Unified Revenue Services) to collectively fund government spending and public expenditures. Taxation falls into two categories; indirect and direct. Direct tax is levied on the individual directly and is not
Different Type of Taxes in Botswana Read More »
Deal structuring refers to the process of carefully organizing the financial and operational terms and conditions of a business transaction in a way that maximizes the benefits for all parties involved while minimizing risks. Therefore, deal structuring has become important as it provides a blueprint especially where opportunities and risks coexist. It plays a pivotal
Have you ever asked yourself how much your company is worthy? How would you put a value to it? Today we explore business valuation from the business advisory side. Business Valuation refers to the process of determining the economic value or worth of a business, which involves assessing the financial health and the potential of
Business Valuation: What is your company really worth? Read More »
In the dynamic world of business, the stakes are high, and every decision counts. This is where due diligence steps in as a crucial process for ensuring informed decision-making. In this blog post, we’ll explore; Who can perform business due diligence? Business due diligence can be conducted by a range of professionals and entities. These
The importance of Due Diligence in accounting Read More »
In the ever-evolving world of business and finance, making informed decisions is paramount for sustainable growth and success. This is where financial advisory services play a vital role, of which due diligence and business valuation stands out as essential practices. Let us delve into the depths of due diligence and business valuations to understand how
Exploring Due Diligence and Business Valuations. Read More »
