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Starting a Business

What is in a name? 5 steps to choosing an excellent business name 

“What's in a name? that which we call a rose By any other name would smell just as sweet.” - William Shakespeare

This may hold true for flowers but when it comes to naming your business a bit more consideration needs to take place. It may be one of the most important decisions you make when you decide to start your company. Therefore, it is important to give it due consideration.
Start-up funding
South Africa launches massive start-up initiative
Article provided by Altovation launched as potentially one of South Africa's largest start-up initiatives ever. More than 2,000 people will have an opportunity to benefit directly from the free training offered by the programme. The initiative is aimed at creating a new approach to entrepreneurship in South Africa by assisting businesses to de-risk their chances of starting up. "We have analysed that makes businesses fail, and we have developed a programme that helps people turn ideas into sales.", says Riaan Steenberg, CEO of Altovation.
How to write a solid business plan
Article provided by Fedhealth Businesses don’t exist in a bubble. Many of them need start-up capital in order to get going. Or a few customers that are willing to buy what you’re trying to sell. From investors to potential suppliers and partners, a business plan is often called for if you want to show you are really serious about starting your business. But how do you go about drawing one up? What should you focus on? It can feel like an overwhelming task but if you break it down into segments, it’s a lot more manageable, we promise. Here are some things to consider when writing a business plan:
The start-up ecosystem in South Africa
The South African entrepreneurial ecosystem is growing but there are aspects which limit it from reaching its full potential. When you consider a country’s business ecosystem, you are concerned with its macro-economic stability, infrastructure, education, labour market efficiency, technological readiness and market size. These influence how well entrepreneurs will succeed in a country. According to a report by the Global Entrepreneurship Monitor (GEM), South Africa’s start-up ecosystem is mediocre. These are three reasons why:
How to start a business with what you have
Have you ever looked at famous entrepreneurs and wondered how they got to where they are? Where did they start? Many successful entrepreneurs have started from humble beginnings and with what they have. You may think you cannot start a business with what you have, but it takes fewer resources than you might think. Combined with passion and tenacity, you could be well on your way to becoming the next great entrepreneur. Here are some aspects to consider:

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