News & Insight

Does your business comply with IFRS 16?

On 1 January 2019, IFRS 16 Leases replaced IAS 17 Leases and related interpretations, which is now applicable to South Africa’s annual reporting periods.

Why SMEs are shifting towards pay-per-use models

More and more businesses are moving towards the flexibility of pay-per-use models, also called consumption-based models or subscription models. These models charge customers for specific usage of a product or service.

The commercial implications of acquiring new equipment

As a small-to-medium-sized business owner who is in the market for new equipment, you will have carefully considered the type and specification of the assets you require and from whom those assets will be purchased (see further detail in article one of this three-part series).

Your business needs new equipment. What are the next steps?

One of the most important decisions you will make as a small-to-medium-sized business owner is how best to capitalise on technological advances. You aim to grow your profits, bolster your value proposition and expand your business as a whole.