Tag - Small business

Surviving 2014 as a small business

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 when the Department of Energy announced a rise of nearly 40 cents per litre for unleaded and high...

The small business banking challenge

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. Nathan Calitz, owner of Eat Cubed, a small eatery in Hout Bay, Cape Town, has been struggling to find...

Lessons from an entrepreneur

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 to travel the country, Joseph Kgomo realised that there was a gap in the market for affordable...