A lot goes into naming your first business. Some business owners will even tell you that it’s a lot like naming your first child, as you want it to feel right and make sense as part of the business’ identity. After all, this is something you’ll have to say, print, write, and talk about for many years to come.

While you may feel a lot of pressure when it comes to picking the perfect name for your business, remember that you do have some flexibility. You can always change the name of your business later or file for a trade name (often referred to as a ‘doing business as’ or a ‘DBA’) if you need to.

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With almost everything moving online, there are more opportunities for entrepreneurs to go digital. There may even be ways for entrepreneurs to use the internet to disrupt their industry, but let’s look at seven digital entrepreneurial ideas.

Article written by Mike Anderson NSBC Founder & CEO

Imagine putting everything you have - your hopes, dreams and finances into starting your own business, only to watch it crash and burn. The fear of failure is at the very top - above anything else.

On the upside, starting out and succeeding as an entrepreneur has to be one of the greatest rewards in life. So get to know why startups fail and what is needed to avoid failing. Then start your journey to achieve your dreams.

Article provided by Business Partners

South Africa has been established as one of the continent’s “big four” startup ecosystems, alongside Egypt, Kenya and Nigeria, according to the 2022 South African Startup Ecosystem Report. Yet, as the most recent Global Entrepreneurship Monitor revealed, education and training are amidst the most pressing challenges for aspiring local entrepreneurs. An investment into skills development and knowledge sharing is therefore key to stimulating growth within the SME sector.

Article written by Mongezi Lupindo (Content Manager - Sage Africa & Middle East)

Whether you’re starting or expanding a company, having a business plan can get you on track and get some detail behind your ideas.

However, research from Barclays shows that one in four businesses don’t have a business plan.

If you want your business to succeed, there are various tools you’ll need to have at your disposal. One of those is accounting software, which will help you keep track of your business admin (forecast your cash flow, manage your invoices, and more). Another is a business plan.

Download your free business plan template