by Bionic Chartered Accounting | Feb 26, 2025 | Business, Financial
“I do not gather things, I prefer to rent them rather than to possess them.” (Jerzy Kosinski, Polish-American writer) Deciding whether to buy or lease equipment can sometimes seem like an impossible choice. There are so many factors at play that it can feel like...
by Bionic Chartered Accounting | 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 Bionic Chartered Accounting | 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 Bionic Chartered Accounting | 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 Bionic Chartered Accounting | 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 Bionic Chartered Accounting | 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....
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