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Until the 2015 competition closes!

About the EOY competition

The Sanlam / Business Partners Entrepreneur of the Year® awards aims to honour, benefit and uplift South African SMEs. The competition celebrates excellence in entrepreneurship, serving as an inspiration to others to succeed in the world of business.
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Expanding your workforce – what entrepreneurs need to know

Entrepreneurs often take on many roles within their own business as they believe it is solely their responsibility to make a success of the business and often times they have to play these roles when the business is still small and cannot afford additional staff. While the business is an entrepreneur’s prize possession, it is impossible for one individual to sustainably grow the business singlehandedly. Kobus Engelbrecht of the Sanlam / Business Partners Entrepreneur of the Year© competition says that a growing business can face numerous challenges, one of these being when to employ staff. “It may seem daunting for entrepreneurs to more

Profiles

  • Office interior entrepreneur sells creativity and imagination

    The saying – ‘If at first you don’t succeed – try, try again! – is definitely true for 2015 Sanlam / Business Partners Entrepreneur of the Year ® entrant, Gary da Silva, who has embarked on three entrepreneurial ventures over the past 20 years, and is testament that persistence pays off. As a result of his entrepreneurial endeavours Gary truly believes that mistakes made along the way can only aid future development and growth. Gary started his entrepreneurial career in 1995 when he started a company which built solid wood log cabins. In his second attempt at entrepreneurship, Gary entered into a partnership with a friend in 2007 to form a second hand office furniture business, but due to the recession in 2009 the business experienced a dip in annual turnover, and it was mutually agreed that the partners go their separate ways. With only a laptop and a cell phone in hand, Gary then started IYC Commercial Interiors, an office and restaurant furniture supplier, in April 2009 when the South African economy was at the height of the global downturn. When asked about some of the entrepreneurial challenges he has faced, Gary says that consistent turnover has been one of his biggest obstacles. “We traditionally only have nine full months of the year to trade, and during the remaining three months we only trade at a limited capacity, if at all due to holiday periods. Without a consistent income throughout the year, it has been difficult to counteract swings more