General:

Why should I use an accounting firm?

It is a good idea to make use of the services offered by an accounting firm to manage your accounting records and record everything under latest accounting standards, on which we are up to date. An accounting firm can also offer tax-liaising with SARS and up to date knowledge on their ever changing requirements, as well as changes to the Income Tax Act. If one is looking for Tax and Estate Planning services, it would again be a good idea to make use of a trusted accounting firm.

In which markets does Colenbrander operate?

Colenbrander operates mainly in the entrepreneurial sector. We have a number of clients in the agricultural, investment and manufacturing sectors, but are able to help any business with our range of trusted, professional services.

Business:

I’m starting a new business - how do I register a business entity?

It depends what type of business entity best suits your needs. The type of entity depends on many things, for example, estate planning and continuity of operations, tax planning, and the purpose and long term strategic plan for the business. Once the type of entity is established, be it a Trust, Company, Partnership, Sole Proprietor etc, you can then take the next steps to establishing the legal entity, if needs be. If it is a trust, a trust deed will need to be drawn up and the Trust will need to be registered with the Masters Office. If it is a Company, the company will need to be registered with CIPC. There are numerous steps in this process. We offer all of the above services and are able to assist.

How much is my business worth?

Performing a valuation of a business is a complex calculation that is driven by many assumptions, variables and different valuation techniques are used. There is no one size fits all answer here. It depends on the nature of the business and its historical performance and future prospects.

How can Colenbrander help me with succession planning?

You need to have a plan in place so that when you are no longer around, someone else can take over from you relatively seamlessly, without interrupting the operations of your business. We can help you with this.

Accounting and Bookkeeping:

Do I pay a fixed monthly accounting fee with Colenbrander?

Yes, we do offer structures like this, when we perform monthly bookkeeping work for our clients.

Do I receive a personal service?

Most definitely. What sets us apart is our fundamental focus on client relationships. We are committed to helping our clients achieve their financial and growth objectives.

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