Andrew Lester, Chief Marketing officer of Different Life, offers a solution to the problem of unemployment in South Africa “Small business creates jobs” or so the saying goes. The corollary to this statement is that it is big business’s mandate to...
Chris Norris, an Audit and Assurance Partner at BDO South Africa, provides some insight into the finer financial realities of selling a business or company. Quite often, the net proceeds receivable by the owner from the sale of a business are...
You want to be your own boss and becoming a franchisee seems like the perfect way to do it. Before you go racing off to make your fortune, though, there are a few things you need to bear in mind. Zanele Mvelase was on the executive fast track in...
Imagine a small-business funding model which allowed you to raise capital without going into debt or giving away equity, and which also test-drove your product idea before you even launched it. Crowdfunding has taken the world by storm and could...
This article was provided by hippo.co.za There are a number of factors to be taken in consideration with the start-up of any business, and inadequate planning may lead to your company’s demise. One thing your business insurance does not cover is...
South Africa’s economic outlook for year 2014 remains the subject of a national discussion and economists continue to emphasise that the country is not out of the woods yet. Early in 2014, consumers were greeted by yet another petrol price increase...
Erika van der Merwe, CEO of the South African Venture Capital and Private Equity Association (SAVCA), has some tips for entrepreneurs who are looking for funding from a venture capitalist. It’s all about people The venture capitalist will do...
When starting your own business you don’t always need to be the expert, but you need to know how to run a business. When Bulelwa Tengwa decided to open her first hair salon she knew very little about how to style hair but what she did know was that...
It is very difficult for a small business owner to try and compare banking products and understand which bank’s products best meet his needs. So we gave the banks a real example to see who could offer this entrepreneur the best banking package....
Creating a successful business requires two important elements: identifying a gap in the market and managing your finances, which includes keeping debt to a minimum. After working as a sports commentator during the 2010 World Cup, which enabled him...
A small business owner learns the importance of knowing his break-even point Nico Jano runs a waste management business in Pofadder in the Northern Cape which in his words is “making some money”. He is now in a position where he needs to start managing his finances in...
If you have a business idea that all your friends say they would invest in, or you have identified a business you want to put your money in, crowd funding could be your platform. Crowdfunding is a growing trend that allows entrepreneurs to connect online with the...
As a young person studying while working on becoming an entrepreneur, Shaun needs some advice on how to juggle his finances. Focusing on income and avoiding debt are the golden rules of success. Shaun is 21 years old and is studying a BComm in accounting science at...