Why do people register their businesses? Were they advised to do so by a government agency? Do they believe that they have to be registered to get funding, to qualify for tenders or to get contracts? Consider this: the vast majority of businesses in South Africa are not registered. They are informal and have been […]
I recently received a very poignant message. Shaahid wrote that he is: “recovering from a business financial loss [which gives] your self-esteem a beating. The journey out of the financial hole can be long and calls for very creative thinking to reclaim your cash flow. “This was a journey of necessity, my business educational understanding.
“When you compare South Africa to the rest of the continent, it is clear that we are well below the African average in terms of entrepreneurial intention and activity.”[i] This is very disconcerting. Why is it so? The guys at Heavy Chef decided to find out what was at the root of the problem. They wanted to
I read so little that you’d be forgiven for thinking that I’m barely literate. I mostly read snippets of news about business, tech and politics. Harry Truman stated: “Not all readers are leaders, but all leaders are readers” So, if I want to be taken seriously as a thought leader in the world of small
“How’s business?” I asked. “Fine” he smiled. “Is it profitable?” “I think so: I’ve still got some money at the end of the month.” Some small business owners know where every cent is coming from and going to. Others just don’t have a clue. Which means that they have no idea if their business is
Why are so many SMME owners serial incubates? Why do so many small business people leave enterprise development (ED) and supplier development (SD) programmes feeling that it wasn’t worth the effort? These disturbing realities gave rise to the title of this article. Here are some useful pointers: Know your business development programmes Make sure that