Article provided by MiWay Entrepreneurs who want to build successful sustainable businesses should focus on execution – rather than fixating on developing a winning strategy. René Otto, who launched insurer MiWay in 2008 at the behest of Sanlam, Santam and PSG, says that while it is important that businesses have a strategy – so they know […]
Article provided by YVR Consulting The World Bank Group suggests that there are between 365-445 million SME businesses operating in emerging markets. From this only 80-100 million of these businesses are formal registered tax-paying SMEs and the remaining being informal SMEs so, in essence, unregistered and not tax paying. Another interest fact is that 25% […]
QuickBooks launches small business online community It is widely accepted that small business owners and entrepreneurs need a network of support to stack the odds of success in their favour, and this is all the more important in difficult economic conditions. Intuit QuickBooks, a leading accounting and business software provider, believes that small and medium […]
Article by Jason George (SEESA) The sub-element Preferential Procurement is important as points are awarded based on procuring from companies having good B-BBEE ratings. On most scorecards, it is noticeable that a large number of points are allocated to the sub-element Preferential Procurement. Therefore, the person/s appointed to collect suppliers B-BBEE certificates and/or sworn affidavits […]
How accessible is your business? Do you have a ramp? Is your signage visible and easy to read? By making a few changes to your business you will be able to improve its accessibility. This, in turn, could help to expand your customer base and create more inclusivity in your community. Here are seven ideas […]
Article by Lulalend We’ve entered Q4, which means it’s time to start thinking about your employees’ expectations for the close of the year as well as the year ahead. SMEs currently employ 28% of the country’s workforce. The National Development Plan (NDP) expects this number to rise to 90% by 2030. Unfortunately, this growing sector […]
Article by Philippa Wild, Head of Commercial Business at Santam Building a business is one of the hardest – and most rewarding – things any entrepreneur can do. Having invested so much time and human capital, it would only be prudent to protect what you have built. Businesses are exposed to many risks, from the […]
