Starting a Business
Google has announced that it has launched the Google for Startups Accelerator: Women Founders Africa Program, its first dedicated startup accelerator for women founders in Africa. Applications are now open for the inaugural programme, Google said. "The programme aims to empower and support women founders on the continent by providing resources and opportunities for them to scale their startups and address African problems," Google explained.
One of the biggest decisions that business owners must make from time to time is finding new premises for their growing businesses. Whether you’re renting, let alone buying, moving into the wrong or inappropriate premises can be a very costly mistake.
There are many pitfalls, but the process of choosing the right premises does not need to be overwhelming, says Shane Padayachee, property investments area manager at Business Partners Limited.
For some, the prospect of taking a risk and stepping out into the sometimes complex maze that is the South African SME sector is too daunting. And for others, it is a golden opportunity that is not to be missed. If you fall into the latter category and are raring to go, consider these four ways to set yourself up for entrepreneurial success.
Article written by Ben Bierman (Business Partners Limited)
Article first published on Bizcommunity
The prospect of making the transition from a 'side hustler' to the owner of a fully-fledged business may have serious appeal, but it's important for entrepreneurs to resist the temptation to buy into romanticised notions of what it means to own your own business before you leap into the formal SME territory.
However, if you feel that you are ready to take your business to the next level, these are some of the factors you need to consider when determining if your business is ready to take that next step with you:
Article provided by Business Partners
Aspiring entrepreneurs urged to enter business plan competition
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 by Kay Cheytanov
When I started my business 21 years ago, I genuinely didn't think I was starting a 'business'. I was simply following my passion and looking for a way for it to pay for itself - and for me.
To some, it didn’t seem likely that I would find much success. You see, I hadn’t done any business courses or gotten a degree in management and so it probably appeared as though I was woefully underprepared to make any sort of income. However, armed with just a secretarial diploma, a bit of my intuition, and plenty of drive, ahead I went. I’ll be the first to admit that from the outside it may not have looked like I was going to get far, but those three things allowed me to fulfil my 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.
Article provided by Sage
At times, starting an online business can feel like you’re climbing a mountain. It may be difficult, but you know it will be worthwhile when you reach the top and take in the view.
Find out if you have what it takes to start your own business by choosing your own e-commerce adventure.
The more you click, the more you’ll learn.
Where will your journey take you? Start here.