Business Planning
The Importance of Financial Planning for Small Businesses in South Africa
Reading Time: 3 minutes You can’t run a successful business without a clear financial plan. Financial planning is crucial for the success and sustainability of any small business in South Africa. If you’re starting
How to Set Business Objectives to Achieve Your Goals
Reading Time: 2 minutes Business goals and objectives are an important part of business planning, a process which involves building a roadmap for the success of your business. While these terms are often used
The 2 Main Benefits of a Business Plan
Reading Time: 3 minutes For the majority of South African entrepreneurs the likelihood of launching a company that is profitable after three years is quite slim. However, the chances of success are increased considerably
Entrepreneurs Turn Blind Eye to Importance of Business Planning
Reading Time: 2 minutes Business planning’s potential is not fully exploited because founders often lack awareness of its importance, which in turn may harm the success potential of a business. This is according to
Business plan or business model or both?
Reading Time: 3 minutes “Send me your business plan” – entrepreneurs will have heard these words at one time or another when looking for investors or funding for their business. Business models on
Entrepreneurship: Key Lessons from a Business Plan Competition
Reading Time: 3 minutes Recently I judged a business plan competition for a large international non-profit organisation. The plans were submitted by youth entrepreneurs, from under-resourced rural and peri-rural areas, who had gone through a