Your first year in business (A roadmap to tax efficiency and compliance)

Your First Year in Business

A Practical Roadmap to Tax, Compliance & Business Success

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.

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.

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.

This practical four-hour workshop has been carefully structured into 12 key modules, each representing an important milestone in your first year of business.

What You'll Learn:

Month 1: Starting Right

• Choosing the right business structure

• Company registration

• Opening a business bank account

• Understanding your compliance obligations

Month 2: Building Financial Habits

• Separating personal and business finances

• Record keeping

• Understanding business expenses

• Document management

Month 3: Understanding Your Numbers

• Revenue vs Profit

• Cash flow fundamentals

• Reading management reports

Month 4: Tax Fundamentals

• Understanding the South African tax system

• Income Tax

• VAT

• PAYE

• UIF

• Which taxes apply to your business

Month 5: Payroll & Employer Compliance

• Hiring your first employee

• Employment contracts

• PAYE registration

• UIF & COIDA

• Payroll essentials

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

Month 7: VAT & SARS Compliance

• VAT registration thresholds

• Input and Output VAT

• VAT record keeping

Month 8: Cash Flow & Tax Planning

• Managing tax cash flow

• Budgeting for tax

• Building cash reserves

• Avoiding cash flow challenges

Month 9: Protecting Your Business

• Business insurance

• Professional indemnity

• Key person cover

• POPIA & PAIA awareness

Month 10: Tax Efficiency Strategies

• Business deductions

• Asset purchases

• Salary vs Dividends

• Choosing the right business structure as you grow

Month 11: Preparing for Year End

• Year-end preparation

• Documentation review

• Asset registers

• Debtors & creditors

• Preparing for annual financial statements

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

By the end of this workshop you'll be able to:

? Understand your legal and tax obligations

? Know which taxes apply to your business

? Approach provisional tax with confidence

? Read and understand your financial statements

? Identify legitimate tax-saving opportunities

? Plan proactively instead of reacting to deadlines

? Build stronger financial foundations for long-term business growth

Your Registration Includes

? Four-hour live online workshop

? Full workshop recording to watch anytime

? Digital Business Owner Toolkit

? Virtual goodie bag

? Complimentary one-on-one consultation with Nicole after the workshop to discuss your business and answer any follow-up questions

Investment

Only R550 per person

If you're unable to attend the live workshop, don't worry. Every registered attendee will receive the full recording, along with access to their complimentary consultation and digital resources.

Invest four hours today to build a stronger, more confident business for years to come.