Client Problems
The five dominant problems for clients are
Poor Cash Flow
For many businesses cash is the backbone of their business. Cash flow is important to keep the business operating on a day-to-day basis.
Various factors can lead to cash flow problems such as low/volatile profits, over investments, ineffective debtor collections, incorrect price models and inadequate financing structures and poor financial & operational planning.
Low Profits
Declining profit is not the sign of a healthy business and may indicate problems in a variety of areas.
No/low profits are primarily a result of excessive operating costs, inadequate revenue, or, in most cases, a combination of both.
No/Ineffective business systems and processes
The activities of every aspect of a business have an impact on the company's financial performance and must be evaluated and controlled by internal systems and processes.
Lack of these will have a negative impact on the profits, cash flow, growth and financial condition of a business
Non Compliance
As part of conducting business in South Africa certain certain statutory and tax compliance is required to be implemented and maintained.
Non compliance with statutory and tax regulations can impact your business in the form form of fines and penalties, compensation, legal costs, turnover loss, lost productivity, low personnel morale and brand damage.
Excessive Taxes
Nothing is certain as death and taxes. But a business can pay too much tax if the incorrect tax structure is applied. Lack of continues tax planning and structuring can lead to a business paying unnecessary taxes
Improved Cash flow, Increased Profits
We have in-depth knowledge and experience of implementing sound business and tax structures.
These structures enables optimisation of your business profits and improved cash flow.
Legislative and regulatory requirements tend to be extremely onerous however through our structures we will be keeping your business's tax affairs compliant.
Modern Cloud Based Software Used
All of our programs and software that we used are based in the Cloud. Our programs are designed to save time and improve efficiency regarding your business's systems and processes.
The financial information that we produce to our clients are relevant and accessible any time or place enabling business owners to make sound and informed decisions.
Expert Training And Advise
We have in-depth knowledge and experience of business and tax structures to support, guide and grow your business and keep yourself and your business’s tax affairs compliant.
We also provide and implement cost effective systems and processes which enables the foundation to improve growth and profits in a business.
All Inclusive Services
We offer all inclusive business solutions packages that addresses all our clients' needs and problems.
These packages include:
Janetta and Quintin van Rooyen
B-Line Express Couriers
"We own a group of courier companies and The Tax Shop Midstream assisted us to have the most efficient business and tax structure in place in order to save on our income taxes.
This was one of the main challenges in our business before we got them as our business accounting partners."
Caragh Jacobs
Occupational Therapy
"The Tax Shop Midstream helped me with my Occupational Therapy practice.
My biggest burden was to organize my admin, send out invoices to patients and follow up on payments that are outstanding.
The Tax Shop offered me solutions to streamline my admin and operation process with their revolutionary accounting software”
Neil Courtney
Penetron Africa
"The passion, enthusiasm and attention to detail shown by Ilze and Tiaan of Tax Shop Accountants Midstream in taking over our accounts goes unmatched, we are very happy with the quality of work and the way our accounting is being handled, Penetron Africa."
Co-Work @ Midstream.
Midlands Office Park West
Mount Quray Road
Midstream Estate
Centurion