How to raise profit margins without losing customers

By Ben Bierman Managing Director at Business Partners Limited The beginning of the year is the ideal time for small and medium enterprise (SME) owners to explore additional revenue streams and other means of increasing their profit margins. However, this process is expected to still present some challenges for SME owners owing to South Africa’s […]

Holistic funeral service provider named Medium Business Entrepreneur of the Year®

Nomfundo Mcoyi, ex-educator and now managing director of KwaZulu-Natal-based business – Icebolethu Group – was named the Medium Business Entrepreneur of the Year® at the annual entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS awards ceremony, held on 6 September 2017 in Johannesburg. Established as a funeral parlour named Icebolethu Funerals in 2009, […]

SME success a by-product of growth

When Pepe Marais and Gareth Leck founded Joe Public in March 1998 in Cape Town, they disrupted the local advertising industry with their innovative business model which was positioned as a Take-Away menu -aimed to demystify the business of advertising by making its service offering transparent to clients. “We started the business without a cent […]

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 […]

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 […]

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