💡 The FIRST 3 things you must do after business registration: South Africa

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  • เผยแพร่เมื่อ 2 ธ.ค. 2024

ความคิดเห็น • 82

  • @J29BusinessSimplified
    @J29BusinessSimplified  4 ปีที่แล้ว +8

    Hi business owners, we all know someone who registered a business many years ago. The challenge is moving from a registered business to a business owner, so in this video we share three simple steps you can take to get your business growing. Enjoy 👊🏽
    📢_*Important Update*_ Wave Accounting recently announced changes; the software is only available to new users in the US and Canada however existing users outside these countries can continue to use Wave. 😢 Yes, we were really sad to hear news so we are looking for alternatives but would like to test before we share information.
    🤔 Options to consider; does your bank offer free financial management software?
    📝 Paid options; Xero, Quickbooks, Sage, Freshbooks some of these tools offer a free trial let us know which one you tried.

    • @danielleabrahams2036
      @danielleabrahams2036 3 ปีที่แล้ว +1

      Hi there, any updates on free financial management tools yet?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +1

      👋🏽 Hi Danielle hope you are keeping well, at the moment we are working on new information with a potential partner but it may take a while.
      Have you tried 22 Seven for business? 😀 It’s free and offers quotes and invoicing for business here is the link - business.22seven.com/
      Let us know if this will meet your business needs.
      Enjoy the weekend.

  • @zamameyiwa8681
    @zamameyiwa8681 ปีที่แล้ว

    Just registered yesterday 😮 so scared but yet so excited

    • @J29BusinessSimplified
      @J29BusinessSimplified  ปีที่แล้ว

      👋🏽 Zamameyiwa8681 exciting times ahead hope you enjoyed the video. Please reach out if you have any questions and best wishes on your business journey.

  • @mightyminds1
    @mightyminds1 2 ปีที่แล้ว +1

    Dankie Erwin! Taking Big Action 🏆

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว

      👋🏽 Hi Vidrick, thanks! All the best with your business agree it’s about taking BIG ACTION daily.

  • @iwannagotothemooon8666
    @iwannagotothemooon8666 ปีที่แล้ว +3

    Very concise... I appreciate the information brother❤️

    • @J29BusinessSimplified
      @J29BusinessSimplified  ปีที่แล้ว

      👋🏽 Hi, thanks appreciate IWannaGoToTheMoon. Working on some new content coming soon.

  • @go4growthsllimited
    @go4growthsllimited 3 ปีที่แล้ว +2

    Just enjoy watching this video. Awesome

  • @jennileesilver2350
    @jennileesilver2350 3 ปีที่แล้ว +2

    very humble and excellent presentation. thank you

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Jennilee hope you are keeping well, thank you 😊 appreciate your comment.

  • @petersetshedibaitsomedi3693
    @petersetshedibaitsomedi3693 2 ปีที่แล้ว

    Thanks for sharing this information I've registered my cleaning business last year and this information is good as I'm preparing my company profile

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว

      👋🏽 Peter, great to hear from you.
      Congratulations on taking the next steps with your business, clients generally ask for your company profile and compliance documents, glad you have this in order.
      🎁 PS we are have a business website giveaway running at the moment the details are on our latest TH-cam video. All the best if you decide to enter.

  • @nonofotlhobolo9579
    @nonofotlhobolo9579 3 ปีที่แล้ว +2

    Great info J but I tried that Wave accounting.. apparently its only for USA and Canadians 🤦🏿‍♂️

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +2

      👋🏽 Hi Nonofo we hope you are keeping safe. Since the time of our video Wave Accounting announced changes, existing users can continue outside of US and Canada but no new users outside of these countries. We are really disappointed with the news and have started looking for alternative recommendations. In the meantime consider checking with your bank, some banks are offering free financial management software for business accounts. Paid options include; Xero, Quickbooks and Sage some of these come with a free trial. Feel free to reach out if you need more info, all the best with your business.

  • @J29BusinessSimplified
    @J29BusinessSimplified  7 หลายเดือนก่อน +1

    Hi there business owners, since the time of this video Wave Accounting is no longer available to new uses in some countries, this includes 🇿🇦. Don’t stress, if you still looking for financial management software would you try ZipBooks? Let us know what you think 👉🏽 zipbooks.com/

  • @zibuyilemngomezulu5408
    @zibuyilemngomezulu5408 3 ปีที่แล้ว +1

    Really helping. Thanks

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Hi Zibuyile hope you had a super day. Thank you for your comment appreciated, please feel free to suggest a business topic you would like us cover in future.

  • @kingexauce
    @kingexauce 3 ปีที่แล้ว +2

    Thanks a lot, really helping

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Hi R. Abedi King hope you keeping well and safe, thanks. We will be posting a new video soon with online tools for business owners.

  • @shamo4895
    @shamo4895 3 ปีที่แล้ว +3

    Where can I register a company as a private company (pty ltd)I saw cipc is that the right way?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +2

      👋🏽 Hi Shamo hope you are well today, BizPortal is probably the best option to consider for Pty Ltd Registration please see the link 👉🏽 www.bizportal.gov.za/
      Message us if you have any questions with the process.

    • @shamo4895
      @shamo4895 3 ปีที่แล้ว

      @@J29BusinessSimplified thank you

  • @falliblepossiblygullible2920
    @falliblepossiblygullible2920 4 หลายเดือนก่อน

    Thank you

  • @hungwekuhlase4332
    @hungwekuhlase4332 3 ปีที่แล้ว +1

    Hello. I to open a Pty company that focuses on sport development. What are the pros and cons and how can I face them moving forward?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +1

      👋🏽 Hi Hungwe hope you are well, there may be pros and cons with most business ideas. A suggestion, test the business idea on a small scale to see how many people or companies are interested this will be part of your research and help make a decision. “Test before you Invest”.

    • @hungwekuhlase4332
      @hungwekuhlase4332 3 ปีที่แล้ว

      @@J29BusinessSimplified Thank you

  • @sibusiso31
    @sibusiso31 3 ปีที่แล้ว +2

    Which portal did you recommend to set up your business profile?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +1

      👋🏽 C-Busiso hope you are well the website is BizPortal for business registration and basic compliance all the best with the process. Please feel free to drop us a message if you need help along the way. Here is the link 👉🏽 www.bizportal.gov.za/

  • @newshot5110
    @newshot5110 2 ปีที่แล้ว

    Very well presented

  • @benitaramkissoon6528
    @benitaramkissoon6528 3 ปีที่แล้ว +1

    Hi, thank you for the wonderful simple video. Please could you tell me is it possible to register for a bizportal profile for somebody else's company or do they have to do it on their own?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Hi Benita, hope you are having a great day thank you for your comment 😀.
      The registration process on BizPortal requires personal information which is sensitive especially when sharing, there are however compliance staff or accounting firms that may request access from the business owner for submissions.

  • @zimimphana7254
    @zimimphana7254 3 ปีที่แล้ว +1

    Thanks a lot. Do you pay tax after registering a business?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Hi Zimi, great to hear from you we hope you are keeping well and safe. Yes, you will be required to pay tax, here is a link to the BizPortal website with more information, www.bizportal.gov.za/sars.aspx "All companies that are already registered have been automatically registered for tax with the South African Revenue Service (SARS). New companies, as soon as the registration is completed, as also instantly registered with SARS. To confirm registration and to view your tax number please use "Tax Registration" option below. You can also view your company tax number by using the BizProfile functionality under "Services".
      💡Consider using BizPortal and chatting with a registered accountant to confirm your tax details.
      📲 Please message us if you have any questions. Enjoy your weekend.

  • @maurishakok623
    @maurishakok623 2 ปีที่แล้ว +1

    Hi J29! Trust that you are well.
    I am in the process of registering my business. Can you please give I sight on signing up with a incorporator?
    Thank you so much

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว +1

      👋🏽 Maurisha, hope you are keeping well. Are you registering a PTY LTD? In most cases the incorporator is also a director of the business, or will you be planning to use another business entity as incorporator? Please feel free to reach out on our website we can discuss in more detail if you need. 👩‍💻 www.j29.co.za

    • @maurishakok623
      @maurishakok623 2 ปีที่แล้ว

      Thank you for your prompt response. Will get in touch on ypur website

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว

      👋🏽 Maurisha, it’s a pleasure BizPortal is the platform to consider for business registration 👉🏽 www.bizportal.gov.za/
      Looking forward to hearing from you.

  • @MrMrsilo
    @MrMrsilo 3 ปีที่แล้ว +1

    Hi, can you use Wave in or for South Africa?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Hi Siyabonga hope you are well and keeping safe 😷. We were really sad to hear a recent announcement from Wave, the platform is available for existing users outside of Canada and the US. However, will not be available to new users outside these countries. So we are looking for alternatives and will share some options as soon as we find new ones. In the meantime consider QuickBooks Online, Xero (Paid Options) or check with your bank some banks offer free financial management software for business accounts. Thanks for your comment 👍🏽 please let us know if you have any video suggestions. 👋🏽

  • @lebochepape
    @lebochepape 3 ปีที่แล้ว +2

    hi. 👋🏽 from your personal experience, how long does it take for BizPortal to email you the necessary documents post registration?

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +1

      👋 Hi Lebo, over five experiences helping clients the average turnaround time so far has been a maximum of three days. B-BBEE certificates are usually sent within 24hours. Are you waiting for a specific document Lebo?

    • @lebochepape
      @lebochepape 3 ปีที่แล้ว

      @@J29BusinessSimplified thank you for getting back to me. 🙏🏼 ....oh i see. no, i'm yet to start the application process, i just wanted to be proactive & enquire about a few things from people with experience first just to get an idea ☺

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +2

      👋🏽 Hi Lebo, this is exciting news congrats on starting your business. BizPortal is really the best and all our clients have been extremely happy.
      🖐🏽 If you have any challenges along the way please reach out to us on our Website (www.j29.co.za) we will gladly help. Keep safe 😷 Lebo.

    • @lebochepape
      @lebochepape 3 ปีที่แล้ว

      @@J29BusinessSimplified
      thank you so much ☺
      noted with thanks 🙏🏼

  • @aimeetheron1332
    @aimeetheron1332 2 ปีที่แล้ว +2

    Wave apps isn't free. It requires you to use Zoho books which asks for subscription fees. :(
    How were you able to use this platform for free?

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว +2

      Hi Aimee, since the time of the video Wave is no longer available to new users outside of Canada and the U.S.A. 😔 An alternative free option to consider is Bookipi here is the link www.bookipi.com/
      Accountants may however prefer Sage or Quickbooks these are paid options but also good for the long-term.

    • @aimeetheron1332
      @aimeetheron1332 2 ปีที่แล้ว +1

      @@J29BusinessSimplified Thank you so much! :)

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว

      Hi Aimee, pleasure and all the best with your business feel free to reach out on our website if you ever need support or have questions.
      🎁 P.S. we have Business Website Giveaway at the moment, the details are on our latest TH-cam video, all the best if you decide to enter.

  • @sizamathebula9722
    @sizamathebula9722 3 ปีที่แล้ว +1

    I'm a gov employee so I can open my buz using my brother's name. Is he the one who has to do all the registration as we live far apart, or I can simply use his profile to open it on this side

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Hi Siza hope you are well today, BizPortal will need personal information to be confirmed when registering the business.

  • @mariannatheron7363
    @mariannatheron7363 ปีที่แล้ว

    Hi,which source would you recommend to become tax savvie.Thank you.

    • @J29BusinessSimplified
      @J29BusinessSimplified  ปีที่แล้ว +1

      👋🏽 Hi Marianna, hope you having a great day! Two suggestions; the SARS website and also an accountant with a tax practitioner.

    • @mariannatheron7363
      @mariannatheron7363 ปีที่แล้ว

      @@J29BusinessSimplified Book: Tax-free Wealth Tom Wheelwright,CPA

    • @J29BusinessSimplified
      @J29BusinessSimplified  ปีที่แล้ว +1

      Thank you Marianna will check this out. Another good book is How to get a SARS refund for Small Business by Daniel Baines. Best wishes for the holiday season.

    • @mariannatheron7363
      @mariannatheron7363 ปีที่แล้ว

      @@J29BusinessSimplified Likewise J29,thank you for this source as well.Good festive season for you and your family!

  • @tebogonkosi3997
    @tebogonkosi3997 3 ปีที่แล้ว +1

    Do I have to pay tax after registration even thou I did not generate income

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      👋🏽 Hi Tebogo hope you well and growing your business. Your business Tax registration number is automatically generated when you register your business if you do not generate an income you still need to be compliant so make sure you renew your annual returns on BizPortal and also submit Zero income on your returns. This should be done on BizPortal and with SARS. Please message us if you have any questions or need to speak to an accountant or tax expert.

    • @elizabethm8610
      @elizabethm8610 2 ปีที่แล้ว

      I have filed my zero returns with biz portal.. how do i do it with sars online? And how do i open documents from sars that do not open on any of the apps like pdf, epub, all doc reader,etc?

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว

      👋🏽 Hi Elizabeth, hope you are doing well. Great to hear you completed with BizPortal and annual returns, when it comes to SARS it may be best to speak to an Accountant and Tax Practitioner to ensure you are following the correct process and are fully compliant.

  • @katuciamoussongo
    @katuciamoussongo 3 ปีที่แล้ว +1

    hi J29 interesting video , i am about to start a small activities and a friend of mine advise me to register it already but i am a bit afriad, because i am thinking, i don t even know if it ll work. Also what about if ia m asked to pay tax and i dn t even have money coming in. please advise

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +1

      👋 Hi Katucia hope you are well, a great option to consider for now is testing your business idea first. Consider starting small, promoting your products and services and gathering feedback. You can always register a business once you start making an income through the product or service. Most banks open a sole proprietor account which does not need a registered business. Also view this video we done with tips before you register a business. All the best with your business idea.

    • @katuciamoussongo
      @katuciamoussongo 3 ปีที่แล้ว +1

      @@J29BusinessSimplified thank you

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      Pleasure Katucia, if you have any questions or need support please visit our website. All the best with your business.

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว

      Hi Katucia, hope your business is growing. Not sure if you have a business Logo, here is our latest video showing you how to create a Pro Logo for your business online for free. Let us know what you think about the online tool. 👋🏽

  • @wakeup2462
    @wakeup2462 2 ปีที่แล้ว +1

    💯

  • @siveklaas8807
    @siveklaas8807 2 ปีที่แล้ว

    Hi there,
    Thank you so much for this video. I registered for a business. But none of the names I supplied were approved. Will I have to pay the R250 to change from the registration number to a chosen name?

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว

      👋🏽 Hi Sive, hope you having a good festive season. The best way would be to do the name reservation first then go over to confirmation, we suggest sending an email to BizPortal and then checking if your balance. Let us know when you receive feedback will gladly help.

  • @tlotlisosempane6286
    @tlotlisosempane6286 2 ปีที่แล้ว

    Thanks God bless you
    I am planning on starting a business
    PLEASE DO A VIDEO ON STARTING A BUSINESS DO'S AND DON'TS

    • @J29BusinessSimplified
      @J29BusinessSimplified  2 ปีที่แล้ว

      👋🏽 Tlotliso hope you are having a great 2022, congratulations on your plans for your business. Here is a video on our channel to help 🚦 Mistakes to avoid before you register a business!!!
      th-cam.com/video/I6pi8_tBuq8/w-d-xo.html enjoy and let us know if you have any questions.

  • @MathaboMNkoane
    @MathaboMNkoane ปีที่แล้ว +1

    I registered a business for every idea I have since 1994 😂

    • @J29BusinessSimplified
      @J29BusinessSimplified  ปีที่แล้ว

      Hi 👋🏽 MathaboMNkoane, thanks for your message. Would be great to chat? For us business owners when all is said and done, we need to have customers. How can we help?

  • @EffDube
    @EffDube 10 หลายเดือนก่อน +1

    ❤❤❤❤

  • @RaMosia94
    @RaMosia94 3 ปีที่แล้ว

    🔥🇿🇦🔥

    • @J29BusinessSimplified
      @J29BusinessSimplified  3 ปีที่แล้ว +1

      👋🏽 Dr Phelane, thank you for your comment and support appreciate.

    • @RaMosia94
      @RaMosia94 3 ปีที่แล้ว +2

      @@J29BusinessSimplified ♥️🇿🇦💯
      Keep educating and we’ll continue supporting.