The Need
Mackenzie Accounting has a special niche, and – in today’s SME playing field – meets a critical need
SME sustainability and growth should be an obsession for job creation in South Africa
Contrary to global trends where small and medium enterprises (SMEs) constitute the largest employer in either developed or developing economies, smaller firms in South Africa are showing stagnation in both turnover and employment growth. Both these measurements are important – turnover has a strong bearing on the wealth being created in the economy, while employment is vitally important for South Africa’s social stability.
The number of South Africans living in poverty has increased since 2010. In 2010, 20% of South Africa’s population fell below the poverty line. The latest statistics presented an increase to 25.5%.
But statistics don’t get to the heart of what we do. We help small business owners: the entrepreneur that has created jobs by taking on risk, being involved and serving in his community. The business owner that perseveres through the ups and downs of economic climate changes. Al small businesses and start-ups deal with the same challenges: Cash flow management, funding, accounting and of course SARS. They have a hard time learning this on the fly, and at the end of the day, valuable time is wasted.
The Mission
We ease the headache and pressure of balancing his books, running a payroll, structuring his tax affairs and keep him SARS compliant. This way he can spend all off his time on what matters most: making a difference by creating jobs in South Africa. Mackenzie Accounting provides the essential accounting backbone functions that enables a business owner to make the best educated decisions for his enterprise. We bridge the gap between the accounting challenges and the entrepreneurial spirit
The Model
Mackenzie Accounting runs the monthly accounting functions for SMEs based on 3 packages (dependant on turnover). This includes the bookkeeping, payroll, management reports, annual financial statements and ongoing tax structuring. It’s an umbrella solution for the SME owner that needs to be on top of his accounts but cannot afford a full-time or even part time accountant. Each package is based on a set monthly fee. This way there are no surprises, and you can plan your budget. One fee, all inclusive. It doesn’t get any easier than this.
Our accounting professionals are well versed in financial management and can guide you through the sticky situations that you might find yourself in. We would love to meet you or setup a skype call to discuss your requirements.
