Businesses tend to treat professional advisors as a cost element and not an asset. However, with the emerging legal and tax challenges companies have faced, entrepreneurs have had to change this mindset. Poor tax management has the ability to collapse any business, Keroche, regardless of its goliath size, was taken down by the tax sling. And yes, product differentiation, sales, branding, and all that jazz is important but an entrepreneur should never forget to keep an eye on tax management.

At the Women in Real Estate Kenya (WIRE), I got to share with its members on tax management, potential pitfalls, common mistakes made by businesses in tax management, and how to use legal channels to resolve tax disputes. I also got to share with them relevant nuggets on the Finance Act and the likely effects on the real estate industry. Above all I reminded them that; Professional advisors are an asset and not a cost to a business.