Should entrepreneurs pay attention to economic “noise”?
The South African economy had a bumpy start to 2016, impacting both small and large businesses alike. Recent attention grabbing headlines – from interest rate hikes, petrol increases and talk of a possible credit rating downgrade which has been averted – make it challenging for business owners to feel positive amongst the gloomy news. Gugu […]
Value in having an expert evaluate your business
Five reasons entrepreneurs should enter business competitions Entrepreneurs running small and medium enterprises (SMEs) are required to assume many roles and wear many hats as they often don’t have the resources and staff complement available to manage all the necessary day-to-day activities and challenges that the environment presents. Entering a business competition is therefore often […]
It’s never too late to start your own business
50 is the new 21 age for entrepreneurs There is a common misconception among many budding entrepreneurs that starting a business is a journey that is best initiated at a young age. Entrepreneurship is however not just for the youth, and can be embarked upon at any stage of life. This is according to Kobus […]
Scaling up your business: When is it the right time to expand?
The urge to convert and scale up a small business to a medium to large enterprise is one of the most common goals among business owners. However, contrary to popular belief, scaling up a business is not just a goal for most entrepreneurs, but also a necessary step to running a business successfully. This is […]
Why financials are important even to non-financially savvy business owners
By Jannie Rossouw Head: Sanlam Business Market Many business owners manage the finances of their businesses by means of their bank account. This is a risky practice as the bank account does not provide a true reflection of the real cash flow status of the business. Here are four actions you can consider applying in […]
Hard work and a passion for excellent customer service leads entrepreneur to success
For most entrepreneurs, the journey of entrepreneurship starts at the very bottom of the proverbial ladder. Yet, a keen eye for gaps in the market, coupled with willingness to learn and master every skill, climbing the ladder one step at a time comes naturally and with ease. This most certainly rang true for Christopher Kapanga, […]
Are you thinking of scaling your business?
We discuss when it is the right time to do so By Christo Botes Executive director at BUSINESS/PARTNERS and spokesperson for the 2016 Entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS The urge to convert and scale up a small business to a medium to large enterprise is one of the most common […]
SA’s leading entrepreneurial competition now open for entries
We are excited to announce the launch of the 2016 Entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS! Now in its 28th year, this renowned competition pays homage to courageous South African entrepreneurs who dedicate themselves to their enterprises / businesses driving growth, creating much needed jobs and contributing towards economic development in […]
SA’s leading entrepreneurial competition now open for entries
The contribution of local entrepreneurs to the South African economy is generally underestimated. Small and medium enterprises (SMEs) contribute close to 50% of South Africa’s gross domestic product (GDP) and generate more than 60% of new jobs created in the economy. This is according to Ben Bierman, chief financial officer at Business Partners Limited (BUSINESS/PARTNERS), […]
How to progress your business
If you are working on something exciting that you really care about, you don’t have to be pushed. The vision pulls you. Steve Jobs The point of departure with this article is that you have already developed an empowering vision and crystal clear mission statement for your business. (If not, read this article) With these […]