Setting up your small business

Servers store data and programs that will be shared and used by many different people. A typical small office with a number of desktop PCs will have one or more servers connected by a network. Think of a server as a shared resource and a haven for your business information. Given its central role, its…

Business start-up organiser

Starting a business offers many challenges. New business owners often find all their attention focused on day-to-day operational issues and product development and as a result neglect the administrative and statutory requirements associated with running a business. Besides losing money, the worst thing for new business owners is for SARS to come knocking… Cash flow…

Financial fitness for entrepreneurs

Many entrepreneurs don’t have formal training in finance – they’re  “techies” launching the next Apple Computer, professionals putting together advertising, management consulting, or human resources agencies, or super-salesmen types who’ve figured out how to sell a pizza or deliver a package faster, better and cheaper. Always, they’re intimately involved with their core product or service.…

8 tips to help you drive success

All the great success that has been achieved ultimately began with an idea, but what makes ideas become reality is the fuel of human desire. “An idea by itself can give you a temporary feeling of inspiration, but burning desire is what gets you through all the perspiration necessary to overcome the inevitable obstacles along…

The do’s and don’ts of business expansion

At one time or another, every business goes through a growth spurt and, whether it’s a multi-national corporation or an entrepreneurial enterprise, expansion is a tough process to navigate. The real danger for any expanding business is that it does so too quickly or in an uncontrolled way. When this happens, cash flow and customer…

8 Tips for aspiring business owners

Do make sure you’re ready to manage a business If you’d like to earn more money and have a few hours that you could dedicate to something else, you could be ready to start your own business. Do choose a business that suits you If you’re looking to start out small with a side business,…

Practical tips for starting a business

Starting a business, anywhere around the world, is a daunting task. Starting a business in South Africa, however, is made incredibly difficult by frustrating red tape, sometimes enough for many to give up on their dreams. Here are some things to consider if you are about to start your entrepreneurship journey. BUSINESS REGISTRATION Get acquainted…

Making Small Business Work in South Africa

Small, Medium and Micro Enterprises (SMME’s) contribute around 40% of South Africa’s gross domestic profit and employ more than half of the private sector work- force. It is estimated that as much as 80% of new jobs in world economies are being created by SMME’s, making small business a key player in the future growth of our country. It is…

Start-up vs buying an existing business

Buying a business is an alternative way to get into business with less risk than normally associated with a start-up venture. But there are still many factors you have to consider before signing on the dotted line. Buying a business can be an easy way in, but there are many factors that will influence a final decision. Getting professional…