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Grow Your Business

To be, or not to be…an entrepreneur!


As an SME owner, you are well aware that South Africa’s economic future is precarious, and you have the knots in your stomach to prove it.

In truth, if only recently acknowledged as such by the powers that be, SME’s are a critical contributor to GDP growth; the new Small Business ministry has yet to make any impact other than stress the importance of this fact.<hr id="system-readmore" />

SME’s are globally acknowledged as a major driver for employment and growth, but with SA’s GDP growth sitting at 1,4% and year on year revenues growing just above inflation at 13% its clear SME’s are simply not making the impact they could be.

SME’s shed 1 million jobs in the 5 years up to 2013; Stats SA estimates that 16 million people are going to be relying on social grants, which is fast becoming the biggest consumer of government budget.

The challenges contributing to SME contraction are substantial… lack of education & basic work skills, criminality, labour law & unionization, the effects of BEE policy, government interference, corruption, red tape (average time spent on this = 75 hours/month) and inefficiency, an increasing tax burden and the lack of access to finance.

Read more: To be, or not to be…an entrepreneur!

4 Practical Sales Tips for Everyone

Every entrepreneur and salesperson alike has to learn to deal with good news and bad news every day. It’s only when the bad news becomes too frequent that a business gets into treacherous waters! There are some age-old sales tricks that can always be counted on to keep the good news coming. Here are a few top tips that successful salespeople swear by:

Read more: 4 Practical Sales Tips for Everyone

Proudly small… size matters!

Otherwise titled "there's nothing small about my business!"

We use the language of "small" business because it apparently defines the type of enterprise that we fit, but the people who named it are not people like me. They're not business people like I am; from their comfortable government or corporate offices, they look down on my business and the thousands like it. They aren't careful with their words so when they say "small business" they're looking at a single set of criteria, a set related only to turnover, my profits and how they can benefit from them.

Read more: Proudly small… size matters!

Distance learning as a training solution for small businesses

The upskilling of employees is something that is often neglected by small business owners. Even though we know that our employees are our greatest assets, the thought of paying for or "losing" productivity to education and development can be unbearable.

The solution to this challenge is to make use of distance learning as a medium for education and empowerment, which will make a significant difference to your business without breaking the bank.

Read more: Distance learning as a training solution for small businesses

Ins and Outs of Network Marketing

When I raise the subject of Network Marketing, what comes to your mind? Many, I am sure, are cringing at the thought of pyramid schemes and dodgy sales people trying to get you to buy something you definitely don’t want. Well, if your perception of network marketing and direct selling has been tainted by some bad experiences, try to overlook them for a moment and bear with me for a while because the reality of the industry is somewhat different.

Read more: Ins and Outs of Network Marketing

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