Category Archives: Business

3 Survival Tips for Your Small Business In 2021: Little Things with A High Impact

Given the past year’s pandemic and economic chaos it’s relatively safe to call the present a “hostile economic environment”. Small businesses are struggling across the board as imports are hard to come by, exports near impossible to make, and clients … Continue reading

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How to Find and Secure Tenders for Your Small Business – 5 Expert Tips

There is a new lane for tendering and an urgent need for assistance from government that has been created by Covid-19 PPE tenders, and other tenders used to fight the pandemic that have increased the scope of tender targets for … Continue reading

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Independent Non-Executive Directors: A Value-Add for Your SME?

Most, if not all, entrepreneurs are passionate about their ideas or concepts for a new product or service offering. Frankly, they need to be. Once the business is up and running it is easy, and quite natural, to be so … Continue reading

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Sales Reps Are the Lifeblood of Your Business – 10 Interview Questions To Ask

In any business there are few more important people than the sales reps. In this pandemic climate, they have become even more important for keeping small businesses and start-ups afloat and pushing bottom lines into the black. They are the … Continue reading

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Accounting Tips for SMMEs in a Rocketing Tax Future

During his 2020 Medium-Term Budget Policy Speech not so long ago, Finance Minister Tito Mboweni announced that government has projected tax increases of R5 billion in 2021/22, which will be followed by increases of R10 billion in 2022/23, R10 billion in 2023/24 and R15 billion in … Continue reading

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SMMEs: Preparing for the Second Wave

Covid-19 has forced the entire world to remodel how it operates, from the personal perspective to ways in which businesses operate. Experts, including academics and government, have warned the nation of the possibility of a second wave of high infections. … Continue reading

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Six Tips for More Effective Online Meetings

Covid-19 continues to alter the fundamental ways we do business. While many organisations had already been partially conducting meetings online the pandemic has brought this practice into sharp focus and 86% of employed people now take part in an online … Continue reading

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Leaving a Legacy: Ensure Your Business Survival with a Succession Plan

It is a sobering statistic that 70% of family businesses do not survive into the second generation – a significant loss considering the time, effort and investment required to start, manage, and grow a business in South Africa. Ensuring your business can … Continue reading

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Your SME and the Economy – Prepare for the Long Way Back

The South African economy could take as long as seven years to return to the size of R5.1 trillion it was at the end of 2019 before Covid-19 and the national lockdown. The most significant risk to the economic outlook … Continue reading

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The Feasibility of a Freelancing Business in Uncertain Times

In the difficult and uncertain times in which we are encapsulated at present with the Covid-19 pandemic, one wonders what steps one can take to ensure one’s financial stability and growth over the medium term ahead, at least. Our economy, … Continue reading

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