Fphiri Financial Consultants

25/11/2023

I have reached 2K followers! Thank you for your continued support. I could not have done it without each of you. 🙏🤗🎉

01/03/2022

01/03/2022

Happy new financial year to all Accountants, Tax practitioners and interested parties.

Interesting tip on people who run businesses or who receive consulting fees outside their normal employment:

Remember to put aside the taxes from all the taxable income (gross income minus allowable deductions) you receive. We are tired of people who don't pay tax because they used all the money received. And then they turn around and say SARS is coming for them because people are jealous of their success.

Take the tax money, invest it in a fixed deposit for a period up to when you need to pay the tax. That way you won't have access to it and be tempted to use it and it will be available when it's time to pay tax

22/02/2022

Bookkeeping and accounting Services, all your start up procedures, compliance with relevant statutor

15/02/2022

We hire for attitude and train for skills, these are words we live by.

14/02/2022

Www.fphiri.co.za

20/01/2022

Copied.....

MONKEY BUSİNESS...

A lot of monkeys lived near a certain village.

One day a rich merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad and just joking.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest today and get in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Some are coming in the form of network marketing etc etc....beware!

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again beware of Monkey 🐵!!