by Innocent Machabe | Dec 28, 2022 | Uncategorized
When the year comes to an end, the norm is companies get into the mode of preparing to close their books and prepare financial statements for the year. Financial statements give a summary of the financial performance of the company. The company is required to report...
by Innocent Machabe | Oct 19, 2020 | Advisory, Personal Finance, Uncategorized
Good debt is one which you take and you get someone to pay on your behalf and bad debt is one which you take and pay by yourself. Before taking any debt it is important to take time and compare the costs of different debt products. Never be under any increased...
by Innocent Machabe | Oct 12, 2020 | Advisory, Personal Finance
Debt has become a determinant of whether one is rich or poor in this modern world. The poor and the rich use debt differently. There is good debt and bad debt. Good debt is one which you take and you get someone to pay on your behalf and bad debt is one which...
by Innocent Machabe | Sep 6, 2020 | Advisory, Personal Finance
When a company lists its shares on a stock exchange investors can buy a share(s) (means a part of the company) also called equity (equal ownership). By acquiring shares in a public company you own part of the company in the same way as you would in a private company....
by Innocent Machabe | Sep 1, 2020 | Advisory, Personal Finance
The journey of investing can either be taken individually or through other people (qualified) or entities that specialize in offering investment services. This journey demands your time, effort, skill and a certain level of sophistication in order to navigate it with...
by Innocent Machabe | Aug 23, 2020 | Advisory, Personal Finance
Owning a property be it residential or commercial is every person’s goal or dream. Never disqualify yourself that you will never own a property because of your current level of income or status as long as you are still alive there is hope for the living, a live dog is...
by Innocent Machabe | Aug 22, 2020 | Advisory, Personal Finance
Network Marketing Network marketing is a business model that depends on person-to-person sales by independent representatives, often working from home. A network marketing business encourages you to build a network of business partners or salespeople to...
by Innocent Machabe | Aug 18, 2020 | Advisory, Personal Finance
Commodities is another category of investments. This is where the investment is made in assets such as oil, gold, silver, platinum, and copper, natural gas or agricultural products (beef, grains, hogs) There are two major attractions to these investments: The prices...
by Innocent Machabe | Nov 19, 2019 | Audit
The majority of small to medium enterprises have never been audited either by an internal or an external auditor mainly because of the following reasons: They think auditing is for big organisationsThey do not value auditingThey have no budget for itThey have no...
by Innocent Machabe | Nov 19, 2019 | Project Funding
It takes money to make money. But with all the scams around, especially surrounding project funding, an Escrow Account or other designated firms that are secured by an Insurance firm, is an established procedure that can provide protection for both sides in the...