Page 14 - Biz Magazine August 2019

USiBA BUSinESS conSUlTinG

yoUr conTinUED GroWTH, oUr commiTmEnT

usiba Business consulting is an accounting gave it a shape and a name. I will forever be grateful
firm based in Richmond that is managed by to those ladies for their contributions and for being
simbongile Mbalekwa. she is a Professional the foundation of Usiba Business Consulting. Since
Accountant (sA) and a registered Tax Practitioner. it Women’s Month, I feel it is only fitting that I
As a consulting practice we offer secretarial and appreciate and thank them.
accounting services as detailed in the companies
Act. we also offer taxation services as required When one thinks about a business or goes into
by the Income Tax Act, VAT Act and Taxation business, one believes that it is simply a sell and
Administration Act, independent reviews and buy transaction but there are many other things to
auditing services. Other services include holding consider before you even get to the stage of offering
seminars, workshops and master classes in services to the public. We had to set up an office
Richmond and Pietemaritzburg, which are aimed and furnish it which came with a lot of overheads
at educating business owners about accounting, and that’s just some of the things required before
tax and the importance of compliance as required you even begin to sell. It took a lot of financial
by various Acts and governing businesses. adjustments to meet those overheads. Another
issue dealing with small businesses, is that they
The business was registered in 2015 but only often do not have the money to pay immediately
started its operations last year in 2018. The birth of upon the rendering of a service. In certain instances,
Usiba Business Consulting is one that I will treasure clients come with expired tax clearances and they
forever. It all began at a rooftop restaurant (In need them renewed for tenders that are closing the
Pretoria around September 2017.) when my friends following day. From this, you can see that it takes a
and I discussed the topic of starting a consultancy in lot of patience and sacrifice just to meet the day to
detail and actually conceptualized my dream. This day running costs of the business.

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