Coral Accounting Solutions
Business Plans, business consulting and other advisory services.
From Annual Financial Statements to monthly bookkeeping.
From company registrations to department of labour compliance.
As registered tax practitioners, we handle your business as well as personal tax affairs.
Addressing operational, financial and strategic concerns in order to actively grow your business.
We register, advise and manage trusts on an ongoing basis.
ACCOUNTING & TAX SOLUTIONS
Our unique approach offers you the advantage of a Financial Manager without adding to your payroll. We offer a wide range of accounting and tax solutions to cater for the unique needs of your business:
Designing and Implementation of sound Financial Management and Internal Control Systems. As Sage Pastel registered resellers, we’re committed to proving control systems that are efficient, up to date and tailored to the unique needs of your business. Our training includes the use of Enterprise Resource Planners (Pastel Evolution), Payroll Systems (Pastel Payroll) and Accounting Systems (Pastel Partner/Xpress). The control of assets, cash flows and other company resources is essential to the success and growth of your business and we’re committed to providing systems that consistently achieves that.
Our Accounting services include the preparation of Annual Financial Statements, Management Accounts, Budgets, Cash-flow Projections, Accounting Officer’s Reports for close corporations and Independent Reviews for private companies.
As your personal accountant, we advise you on areas of weakness and provide feasible solutions to improve business operations and reduce financial risks. We help you through the process of financing commercial properties, business and personal assets.
We also offer the day-to-day processing/bookkeeping, stock management and fixed asset management.
As your personal tax advisor, we handle all your personal as well as your business's tax affairs including VAT, PAYE, Capital Gains tax, Income Tax, obtaining tax clearance certificates and tax audits.
Our specialized tax services include amnesty applications, tax negotiations and specialized consultations with SARS.
CORAL BUSINESS CONSULTING
Coral Business Solutions was established in order to provide business support services to the small business sector on an outsourced contract basis. The service can be provided on a constant or project basis. In addition, we offer the following services to help your business grow and gain a competitive advantage:
Business Plans, Feasibility Studies, Business Valuations, Acquisitions and Disposals, Financial Management, Business Development and Marketing Assistance.
Our Mentorship services goes beyond consulting in order to actively transform your business. Most business owners are specialists in their business services and specialists in producing the products they sell but are not specialists in all matters relating to their businesses. Small business owners, by nature, are operationally involved in their businesses on a day to day basis. Strategic planning and direction often falls to the side due to lack of time or ability. Our mentorship program includes the following:
To assist and advise businesses through difficult trading and economic times.
To resolve current issues and problems
To develop or re-align business processes
To develop business rescue
To plan the further growth and development
To assist the executive to make correct decisions
Coral provides mentorship services as a two emphasis approach:
To address immediate business concerns
To address strategic issues
Typically a business mentor will ask the business owner the difficult questions that no one else would. We make him or her recognised issues that have not occurred to them. We act as a sounding board to work through business issues, we develop operational solutions and develop strategy together with the business owner. We have practical experience of running small businesses and we possess wide business development experience and skills set. The combination of the relevant theoretical knowledge base and the practical experience in operating and providing advice in the SMME environment ensures that we are more than adequately qualified to act as your business mentor.
You should be able to be comfortable in working with your business mentor, the environmental should be a comfortable but challenging one. You as a business owner should be open and responsive to being challenged and criticised.
We recommend that you have a minimum of four mentorship sessions as it is time consuming to go through the analysis and discussion processes. Four sessions should be sufficient to ensure your objectives and goals are achieved, thereafter if you so require you can schedule regular or irregular single sessions depending on your needs. Sessions are a minimum of one and half hours long and the sessions normally take place at your place of business.
PGD Business Management, ND Cost and Management Accounting, BAP (SA) TT(SA)
Shahied Allie has 29 years experience in the financial services and business consulting environment. He is a key partner in Coral's Business Consulting and Mentorship division.
Tel: 081 448 8402
BCompt Financial Accounting
Tashreeq Allie has 7 years experience in the financial services and accounting environment. He is a key partner in Coral's Accounting and Tax service division.
Tel: 081 299 8611
CONTACT Coral Accounting Solutions
45 Willow Road, Constantia, Cape Town, 7806
Tel: 082 797 8887 or 081 299 8611
For any general inquiries, please fill in the following contact form: