Archive | SMEs

Is a business plan important for SMEs' success or overrated?

Is a business plan important for SMEs’ success or overrated?

Some have described it as the “Bible’ of small and medium enterprises (SMEs), while others just believe it is ‘unimportant’ and therefore ‘overrated’. A business plan is crucial to the success of any business because it is simply a step-by-step exercise in forward thinking, reveals Small Capital, a Standard Bank practical business guide published recently. […]

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 South African govt tackling bureaucracy to help SMEs

South African govt tackling bureaucracy to help SMEs

Owners of Small and Medium Enterprises (SMEs) in South Africa will perhaps be delighted to hear that the government will soon be doing something ‘good’ to create a favourable  environment where they can grow and prosper smoothly. Government has long been accused by experts and entrepreneurs of hampering SMEs’ growth through a litany of inflexible […]

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Seek advice before starting own business, youth told

Seek advice before starting own business, youth told

Young entrepreneurs planning to start their own businesses are urged to make use of fellow business owners as mentors, as well as seek out advice before funding. This is a food-for-thought from a South African expert, Byron Jeacocks, Business Partners Limited regional GM. The business support landscape in South Africa for young entrepreneurs is full […]

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South Africa launches Centre for Entrepreneurship

South Africa launches Centre for Entrepreneurship

Universities and other tertiary institutions have often been blamed for not teaching their students some entrepreneurship skills, to prepare them for the world of business in case they do not find work. This has had a devastating effect on most of the young students, whose ultimate goal is to work in air-conditioned offices, in front […]

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