How can your skills as a Business Accountant empower Spaza Shops and Informal Traders to comply with the new registration requirements

This webinar explores how business accountants can assist spaza shop owners in navigating these challenges, ensuring compliance, enhancing financial management, and unlocking opportunities for sustainable success. December 2024

2 CPD units December 1, 2024 1 presenter

What will set you apart

By completing this course you will gain the following competencies

  • Understanding Regulatory Requirements:
  • Importance of registering with municipalities within 21 days.
  • Overview of licensing, zoning laws, and health standards.
  • Offering Tailored Accounting Services fit for the type of business and the infrastructural challenges:
  • Record-keeping essentials for informal traders.
  • Stock management and handling incomplete records.
  • Tax compliance and financial reporting for growth and sustainability.
  • Building Sustainable Businesses:
  • Benefits of formalizing a spaza shop.
  • Accessing funding opportunities and government support programs.
  • Practical tools to enhance operations and profitability.

Event breakdown

  • Legislative requirements
  • Where and how to register
  • Who should register
  • Nature of the spaza and informal trade
  • Assisting the trade from Zero to Hero
  • Financial reporting and budgeting
Category: AccountingType: CPD CourseCPD category: Accounting

Description

The announcement by President Ramaphosa on the regulation of the Spaza shops brings with it major frustrations to the Spaza owners as they see this as an unnecessary red tape. Spaza shops and informal traders are cornerstones of South Africa’s township and rural economy, providing essential goods and fostering entrepreneurial opportunities. However, regulatory requirements, financial challenges, and operational inefficiencies often hinder their growth. This webinar explores how business accountants can assist spaza shop owners in navigating these challenges, ensuring compliance, enhancing financial management, and unlocking opportunities for sustainable success.

Presenters

Faith Ngwenya

Faith Ngwenya — Faith

You will earn a certificate

On successful completion you will receive a certificate for 2 CPD units in Accounting.

Requirements

  • Laptop, desktop, or mobile device with internet access
  • Microsoft Edge, Google Chrome, Safari, or Firefox browser