Article provided by ProfitShare Partners FinTech funding solutions company, ProfitShare Partners is striving to boost growth in the SME sector, by disrupting traditional funding models. Entrepreneurship is often touted as the solution to South Africa’s high unemployment rate. While the SME sector stands to stimulate economic growth, the reality is that some 80% of small […]
Article provided by Helm Market Consulting What is crowdfunding? Crowdfunding is an investment opportunity for large amounts of people to fund a project or idea that is marketed to them through crowd funding channels. A reward-based program is often used whereby “backers” of a project will receive a reward for helping to fund the project. This […]
Bunny Majaja from HOT 91.9 FM, an NSBC Media Partner, interviews Sanele Gumede from ABSA about alternative funding for small businesses. In this interview, Bunny asks Sanele about what alternative funding is and why it is a good option for SMEs. They also explore what documentation is needed to apply for alternative funding. Next., they […]
Article provided by Telkom The culprit behind most would-be entrepreneurs giving up on their dreams is the fear relating to finance or, more accurately, the lack thereof. Even at a potential entrepreneur’s most motivated of times, such as when he is just a few steps away from the boss’s office about to hand in his […]
Article written by Aletia Oberholster from Spoor & Fisher In the current economic climate in South Africa and abroad, securing a loan or obtaining access to capital can be challenging. Yet many undertakings have a valuable asset that may assist in accessing capital, namely, intellectual property, notably trade marks. It is called “intellectual” because it […]
Article provided by Old Mutual The funding conundrum for small businesses requires two key questions to be asked and answered. One, are the business’ finances currently managed well? If not, why not? And what remedial actions can be put in place? Two, is there really a need for financial support and will that enable the business to […]
Bunny Majaja from HOT 91.9 FM (NSBC Media Partner) interviews Davina Myburgh from TransUnion. Davina and Bunny look at the importance of understanding our credit scores and what it means to SMEs and young business owners. Did you know that your personal credit score can affect whether your business can access funding? If you are starting out and lack a […]
