Tag Archives | running a business

Business-Owner

Is investing in your business a form of saving?

Entrepreneurs should view investing in a business as a form of saving, a South Africa-based expert said this week. “As entrepreneurs we constantly battle with the dilemma of trying to save money versus investing it back into our businesses,” Charles Meyerowitz, co-founder and CEO of specialty asset backed financier Lamna, said. “It’s important that SMEs […]

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SME failure

10 reasons why small businesses fail in Africa

There are top 10 reasons why most small businesses fail: inadequate business planning, insufficient capital, lack of management experience, poor location, poor inventory and cash flow management, over-investment of fixed assets, poor credit arrangements, personal use of business funds, competition or lack of market knowledge, and low sales, or not pricing properly. This is according […]

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