Your first year in business
31 July @ 10:00
Your first year in business
A roadmap to tax efficiency and compliance.
4 Hour Founder Workshop
Join Nicole Holborow-Browne, Chartered Business Accountant and founder of nhb.business, for a practical, easy-to-follow online workshop that takes you through the first 12 months of running a business in South Africa.
Here's What You'll be Able To Achieve
Month 1: Starting Right
• Choosing the right business structure
• Company registration
• Opening a business bank account
• Understanding your compliance obligations
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 2: Building Financial Habits
• Separating personal and business finances
• Record keeping
• Understanding business expenses
• Document management
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 3: Understanding Your Numbers
• Revenue vs Profit
• Cash flow fundamentals
• Reading management reports
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 4: Tax Fundamentals
• Understanding the South African tax system
• Income Tax
• VAT
• PAYE
• UIF
• Which taxes apply to your business
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 5: Payroll & Employer Compliance
• Hiring your first employee
• Employment contracts
• PAYE registration
• UIF & COIDA
• Payroll essentials
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 6: Provisional Tax Made Simple
• What provisional tax is
• Who needs to submit
• Understanding tax estimates
• First and second provisional returns
• Avoiding penalties and interest
• Creating a tax savings habit
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 7: VAT & SARS Compliance
• VAT registration thresholds
• Input and Output VAT
• VAT record keeping
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 8: Cash Flow & Tax Planning
• Managing tax cash flow
• Budgeting for tax
• Building cash reserves
• Avoiding cash flow challenges
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 9: Protecting Your Business
• Business insurance
• Professional indemnity
• Key person cover
• POPIA & PAIA awareness
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 10: Tax Efficiency Strategies
• Business deductions
• Asset purchases
• Salary vs Dividends
• Choosing the right business structure as you grow
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 11: Preparing for Year End
• Year-end preparation
• Documentation review
• Asset registers
• Debtors & creditors
• Preparing for annual financial statements
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Month 12: Understanding Your Financial Statements
• Understanding your Income Statement
• Understanding your Balance Sheet
• What your financial statements are telling you
• Reviewing your first year in business
• Planning for Year Two
• Provisional tax refresher
• Your annual compliance calendar
This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.
Join Our Founder Live
Starting a business is exciting. Understanding your tax, compliance and financial responsibilities doesn’t have to be overwhelming.
Whether you’re about to launch your business, you’re already in your first year, or you’ve been operating for a while and want to make sure you’ve built your business on the right foundations, this workshop is designed for you.
Invest four hours today to build a stronger, more confident business for years to come.
Instead of learning through expensive mistakes, you’ll gain a clear roadmap to help you understand your obligations, avoid unnecessary penalties and make informed business decisions with confidence.