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It's also recommended to speak with to learn more about its subscription programmes. 9. Tax Consulting Specialist for Start-Up Organizations Image credit: Bigstock Start-up capital required: R100 000 (Estimated) In South Africa, there are various little organizations in early phases of development. These small organizations are needed by law to follow the very same tax procedures as medium or large companies, but as small companies, leaders often experience the tax registration (and compliance) processes demanding.

As a tax specialist focusing on assisting start-ups, you might end up being an extension of their company operations and support their monetary and tactical goals. Why begin this type of company? According to Engineering News, there are 5. 6 million small, medium-sized and micro-enterprises (SMMEs) in South Africa. This is the marketplace you will be looking to service with tax consulting suggestions and assistance.

A likeminded entrepreneur who owns a tax consulting firm beyond your area might be prepared to share their entrepreneurial insights, provided that you do not directly contend with them in their area. What  This Author  would need to begin If you're leaving your task as a tax expert at a big corporate, it's recommended to ensure you have enough conserved as much as bootstrap business and carry you through the first couple of months as you establish a workable cash flow cycle.

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Mobile Hair and Beauty Professional Business Image credit: Bigstock Start-up capital required: Around R430 000 () After investing more than a number of decades living month-to-month and paying lease to salons to do what she liked, Rubie Williams decided to go all in (R430 000) with her cost savings. She purchased a used motorhome for R84 000 and invested a further R350 000 to appropriately convert her lorry with water centers, an electrical generator, hair-dryers, sinks, shelves and chairs; essentially, all that's required to run a hair salon but on wheels.