Will your business be able to outlive you?
As a business owner, your main concern is working hard to make your business successful. You know you have employees who depend on you and clients who rely on your services or products. You pour your life into keeping your business profitable and sustainable, but will it be able to carry on if you are […]
Why EOY is valuable to the entrepreneurial community
2013 competition entrant, Nickey Mannya, Managing Director of Rural Brands, shares some information and insight about his entrepreneurial journey and discusses why he decided to enter the competition. Briefly describe your business and the industry you operate in? At Rural Brands we develop and produce technologically advanced online solutions to help businesses achieve “efficiency through […]
How to beat with winter blues
Most businesses, at some stage or another, are likely to experience seasonal fluctuations, which are often related to various seasonal periods and holidays. Some may be more affected than others, for example businesses operating in the retail or tourism industry. However, according to Nimo Naidoo, project manager of the Sanlam Business Partners Entrepreneur of the […]
Marketing a key to success for small businesses and entrepreneurs
In the current economic climate entrepreneurs are required to keep their businesses profitable, while spending as little money as possible. As a result, entrepreneurs should adopt an integrated approach to marketing their business, as the heart of a business’s success lies in its marketing strategy. This is according to Justin Hawes, Managing Director of Scan […]
Grow your wealth
Looking beyond guaranteed return products for inflation-beating returns As a business owner, you pour all your energy into making your concern profitable and sustainable. You deal with countless challenges every day, and often your personal financial planning takes a back seat, which can add to your already overloaded stress levels. When you do invest, the […]
Why I chose to enter
Divesh Ramdhass, owner of Pharmacy at Spar Northway and 2013 competition entrant, shares some information with us about his business, insight into the pharmacy industry and discusses why he decided to enter the competition. Briefly describe your business and the industry you operate in? Pharmacy at Spar Northway was opened in December 2012 after being […]
The do’s and don’ts of business expansion
At one time or another, every business goes through a growth spurt and, whether it’s a multi-national corporation or an entrepreneurial enterprise, expansion is a tough process to navigate. The real danger for any expanding business is that it does so too quickly or in an uncontrolled way. When this happens, cash flow and customer […]
Perception shift needed among SA youth to create next generation of entrepreneurs
It was recently revealed by a UN agency report that global youth unemployment has risen to near its crisis peak and predicted that it will keep on rising over the next five years. According to Nimo Naidoo of the Sanlam/Business Partners Entrepreneur of the Year® competition, South Africa is in a similar situation and says […]
Too many obstacles still hindering SA’s entrepreneurial growth
It is no secret that South Africa suffers from an unemployment crisis, with millions of people actively searching for employment. The recent Stats SA Quarterly Labour Force Survey once again highlighted this crisis, reporting that the unemployment rate has increased to 25.2% in the first quarter of 2013. According to Christo Botes, spokesperson for the […]
Entries drawing to a close for 2013 Entrepreneur of the Year® competition
With just less than a month until entries close for the 2013 Sanlam / Business Partners Entrepreneur of the Year® competition, South African entrepreneurs are encouraged to enter in order to be recognised and rewarded for the vital role they play within the country’s economy. Not only will entrepreneurs stand a chance at winning prizes […]