Article by Mike Anderson (NSBC Founder & CEO) If your business is not doing what it should be doing and is spiralling out of control with debt, expenses, and poor sales, then it is time to adopt the principle of lean and do things differently. I like to call it “the washing machine effect”. Stick […]
Two Cape-based companies have joined forces to ensure that small and medium-sized enterprises (SMEs) will have greater access to funding. SME funder Retail Capital and asset finance firm First Asset Finance have combined their expertise to offer more funding and support to small businesses across South Africa, that are growing, despite tough economic times.
Bunny Majaja from HOT 91.9 FM, an NSBC Media Partner, interviews Andrew Maren, CEO and Founder of Profitshare Partners. In this interview, Bunny discusses how the business model of Profitshare Partners helps small to medium enterprises (SME) to get going. They also discuss how this disruptive fintech company assists the relationship between small businesses and […]
Bunny Majaja from HOT 91.9 FM, an NSBC Media Partner, interviews Deenash Pillay – Head of Small Enterprise, Standard Bank, South Africa – about the importance of cash flow management for small businesses.
Article provided by Sanlam and written by Jan Truter for www.labourwise.co.za Load shedding is having a devastating impact on businesses. Questions that typically arise are: Do employees have the right to be paid if they are unable to work during power outages, and may employers change working hours to fit in with load shedding schedules? […]
A business model is designed to answer the questions “how does this business work?” It focuses on three sections of a company. Everything the company makes, everything the company does to sell the product or service, and everything the customer does to pay for the product or service. There are seven business models for small […]
Article by Dalene Sechele-Manana, Head: Specialised Markets at Mercantile Bank A recent World Bank Report on the micro-, small- and medium business sector (MSME) in South Africa indicated that female ownership of these businesses has declined in the past decade by a whopping ten percent, from 48% in 2008 to just 38% in 2017. It […]
By Gerrit Olivier, CEO of About IT Customer churn is a major health metric listed companies tend to share in their annual and other reports with good reason. It’s often a lot cheaper to retain a customer than it is to get a new one. Smaller businesses can also benefit by reducing churn, which is […]
Article provided by Sanlam and written by Jan Truter for www.labourwise.co.za Adherents to certain religions are reluctant to work on their sabbath or other holy days. In some cases, they refuse to do so. But what if such a refusal clashes with the employer’s operational needs? Our labour legislation affords employees protection against discrimination on several […]
We often hear that being an entrepreneur means you have to wear many hats but it is time to streamline them. Why? Because by automating or delegating certain tasks you will experience untold benefits for your business and for you. Let’s look at the four benefits of automating or delegating tasks.
