Top tips & blogs

Pitching your idea to potential funders

Before you approach the bank or other form of financier to fund your start-up or business expansion, you need to be sure that you've done your research and have confidence in your Business Plan. It's your responsibility to provide as much information as possible in your business plan, to show: That your business is feasible (i.e. fulfils a need, has long-term prospects, has a competitive edge, etc) That you have the kno...
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Ten ways to improve your planning for the year ahead

Each entrepreneur has his or her own style of planning, but not all of them are equally good at it. Anton Roelofse, regional general manager of Business Partners Limited, believes entrepreneurs can and should constantly try to improve their planning process. Here are ten ways in which to become better at planning for the year ahead: 1. Look backwards before you look forwards Planning is a forward-looking activity, but the best way in whic...
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Ten ways to hone your delegating skills

The ability to delegate is as crucial to business owners as planning, selling and prioritisation skills. Without it, the business will always remain in the realm of the freelancer – small, stagnant and wholly dependent on one person, says Gugu Mjadu, executive general manager of marketing at Business Partners Limited. She offers ten tips on how business owners can hone their delegation skills. 1. Build trust The single biggest stumbling bl...
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Ten financial tips for business owners in hard times

Financial management naturally tends to slip down the list of priorities for business owners when the economy is booming, finance is cheap and clients are plentiful. But when the tide turns, your ability to control your finances, especially your cash flow, becomes probably the most important survival tool available to the entrepreneur. Veroshen Naidoo, area manager at Business Partners Limited, suggests ten ways for business owners to impr...
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Becoming a mentor

If you are a veteran in the SME sector, are running a very successful business or just feel you have something to offer a budding entrepreneur, you may consider becoming a mentor. Let's look at the characteristics of a good business mentor. Mentorship is all about giving back and contributing to the growth of someone who may be where you were as a would-be business mogul. Most entrepreneurs who are starting out or struggling, can't afford t...
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BUSINESS/PARTNERS #squarepeg Entrepreneurs Guide 2016

It has been two years since we launched our square peg movement – a movement to inspire people to choose entrepreneurship as a viable career path and to unleash entrepreneurs to get the South African and African economies going and working for all. To celebrate our second anniversary of promoting and in the quest to encourage people to celebrate entrepreneurship – the most aspirational human endeavour of all – we have published the BUSI...
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Ten ways to counter dead-season anxiety

It is not surprising that many business owners in seasonal industries such as tourism call the quiet months of the year the “dead season”. There are many reasons why they often view it with dead: revenue dries up, staff whittle away and expensive business assets stand idle. For Gerrie van Biljon, executive director of Business Partners Limited (BUSINESS/PARTNERS), the main cause of dead-season anxiety is a lack of preparation. T...
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Tourism associations and organisations

There are various organisations and associations that look after the interests of small businesses; helping entrepreneurs get off their feet and providing insight into the industry. These organisations also regulate the tourism industry and how it is operated. Association of Southern African Travel Agents (ASATA) ASATA is a representative forum that promotes professional service with security for both members and their clients. Their emph...
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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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Thinking of becoming a momtrepreneur?

Many mothers are hesitant to become entrepreneurs because they're afraid of the many risks involved and that it will do their family life more harm than good. These are valid concerns, but there are also good reasons for why starting a business may do exactly the opposite. Tough economic times, retrenchment, the need for change... whatever your reason, you may be thinking about starting your own business. But how do you include the t...
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