Article provided by Retail Capital In the three months ended October 2020, there was a 33,2% rise in business liquidations, according to Stats SA. The implications are serious: not only do more employees lose their jobs, adding to the already sky-high 2,2 million people who have suffered at the hands of COVID-19, but there is […]
Article provided by PayFast To help merchants struggling with lockdown and to grow their business, PayFast has partnered with Retail Capital to launch Easy Advance. The new business funding service is available to active PayFast merchants who can use the funding for anything they may need, including cash-flow assistance, purchasing stock, working capital and more. […]
Article provided by ProfitShare Partners Having been in the financial services sector for many years and running his own businesses for the last 15 years, ProfitShare Partners founder and CEO Andrew Maren’s vision was to create a service he believed to be desperately needed in South Africa. Born from the need for SMEs to access […]
Article provided by Visa Want an alternative to building a website? An online marketplace is another way to sell your products. Why online marketplaces? Online marketplaces might seem counterintuitive. Why would you sell your flowers right next to other florist competitors? Because a single florist isn’t likely to draw as large a crowd as several […]
Article provided by Lulalend While market shake-ups often lead to innovation and the birth of new industries, very few expected the past year to be as much of a game changer for business. Sure, the national lockdown has hit everyone – businesses big and small. But, SMMEs have really felt the brunt of the restrictions, […]
Article provided by Bizcommunity At a time when many small businesses are struggling to stay afloat, cutting costs can boost their chances of keeping their doors open. We have a look at eight ways to cut costs in a small business.
Article provided by Lulalend Survey shows 94% of SME businesses suffered more than a 50% drop in monthly turnover due to COVID-19 pandemic. Rise in eCommerce resulting in more businesses’ models shifting online. SME cash flow vital to improve liquidity ahead of peak season trading. The COVID-19 pandemic and the resulting global recession handed a […]
