Business wellbeing

Taking holidays seriously

In the mind of many entrepreneurs there is a short-lived conflict that flares up at least once a year when the family starts making plans for the holiday. On the one hand, they know that a holiday would do them good. On the other hand, there are a million issues still to sort out in the business. Inevitably, the business wins the argument, because those million issues that need to be sorted out are always loud and urgent and the consequences of...
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Your employees are the first impression

A major aspect of doing good business is that all-important "competitive edge". But don't look too far afield for ways to do this. Your biggest selling point could be the face your business presents to the outside world, and most often, that would be your employees.  A company's image can be its greatest asset or its biggest downfall. Large corporate companies know this too well and spend huge amounts of money on their c...
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The positive power of mentorship

In today’s challenging economic environment, mentors play a key role in growing businesses, supporting entrepreneurs and enabling SMEs to survive and flourish in tough trading conditions. Business Partners Limited, South Africa’s leading risk financier in South Africa, has witnessed businesses on the verge of bankruptcy recover, and be propelled to new levels of success as a result of some guidance from a mentor. Although ...
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Mentorship key to preparing the next generation in a family business

Family businesses are renowned for their strength and resilience, but even so, it is estimated that only about 3% of family businesses survive after the third generation. Survival or demise hinges more often than not on the extent to which the next generation is trained and prepared for running the business, says Christo Botes, executive director of Business Partners Limited. Anyone born into a successful family business can be considered ...
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Four steps to create an inclusive work environment for your business

Business owners are lucky that they create their own work environment, unlike managers in large corporations who step into rigid, pre-created cultures. However, many business owners allow the working culture in their businesses to flow organically from their personality, without giving much thought to how it could be perhaps better engineered. Kgomotso Ramoenyane, executive general manager: human resources at Business Partners Limited (BU...
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Getting your tourism business off the ground

Even when other industries are taking a knock, the Tourism sector is still able to thrive, since business and leisure travel continues in good and bad. This does not mean that it's an easy option for someone looking to enter the market, as there are many things you have to take into account before you kick start the process. Our wealth of natural wonders, wildlife, good weather and the rand/dollar/euro exchange rate makes South Africa...
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Juggling a business and family

Find out how you can strike a better balance between running a thriving business, while maintaining a happy household. Women are known to be the master multi-taskers in society, experts believe that there is no such thing as 'multi-tasking'. No one can do 10 things at once, which is why many women feel frazzled more often than not. If you're trying to be everything to everyone, here are some ways you can find some sort of balanc...
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Finding a female mentor

It's no secret that women think and behave differently to the not-so-fair sex and it's no different when it comes to business. It's one reason why you may want to consider finding for a female mentor. As a woman entrepreneur, you may feel you'll benefit more from learning from a woman with years of experience in an often male-dominated business world. Not only do you 'speak the same language', but there will also be an immediate sense...
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Stay off the road to burn-out by playing as hard as you work

Entrepreneurs know how to work hard. Almost by definition they are people who get themselves going, start all sorts of projects, and push through with a venture until it succeeds or crashes. Entrepreneurs clearly have no problem on the working-hard side of the equation. It is on the playing-hard side that they tend to fall short, says Byron Jeacocks, BUSINESS/PARTNERS regional general manager, who argues that the two sides need to balance if the...
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Good mentors worth their weight in gold

There is no shortage of business advice in the world. It comes in the form of consultants, coaches, advisors, professors, management gurus and self-help celebrities. Each has its place, but for Christo Botes, executive director of Business Partners Limited (BUSINESS/PARTNERS), there is a special breed of business adviser who are worth their weight in gold: the business mentor. For Botes, the distinction between a business mentor and other forms ...
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