Press releases

The right time to become a full-time entrepreneur

The Minister of Small Business Development, Lindiwe Zulu – who was speaking at the Global Entrepreneurship Congress which took place in Johannesburg last week – encouraged aspiring entrepreneurs to research opportunities that are available in the market before starting a business of their own. The reality for most entrepreneurs is that this research period involves beginning their business journey whilst they are employed full-time. Th...
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Budget Speech Commentary by Business Partners Limited – Ben Bierman

Minister of Finance Pravin Gordhan delivered a balanced and conservative budget which strives to continue the necessary fiscal consolidation, attempts to address inequality, and will likely ensure that South Africa has a realistic chance of avoiding a ratings downgrade. From a small and medium enterprises (SME) perspective, this should create an economic environment that is more conducive to growth and opportunity. This is according to Ben Bie...
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Now is the time for a pro-SME Budget

Any measure that can boost the local economy beyond the projected 1.1% growth is at the top of the 2017 National Budget Speech wish-list for South Africa's vital small and medium enterprise (SME) sector. Coupled with the hope that there is no further political turmoil, the ideal scenario for existing and aspirational SME owners would be long-term stability within the economic cluster. This is according to Ben Bierman, Managing Director of Busi...
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Buy your dream entrepreneurial business

When it comes to starting a business venture, many people think that an out-of-the-box, unique idea is needed in order to develop and build a company. However, this notion is progressively changing as more and more budding entrepreneurial-minded individuals are looking to seasoned entrepreneurs for their starting block in the form of an offer-to-purchase. Christo Botes, executive director at Business Partners Limited (BUSINESS/PARTNERS), ...
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Local SMEs resurface upbeat for business growth in 2017

77% of South African small and medium enterprise (SME) owners surveyed in the fourth quarter 2016 Business Partners Limited SME Index believe that 2017 will yield greater growth for their businesses than 2016. The survey measured the attitude and confidence levels of South African SME owners across various sectors of the economy. In addition, for the first time in about two years (quarter 2 of 2014), all seven of the survey’s broader confi...
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SA SMEs can expect light in 2017 after dark 2016 tunnel

Business Partners Limited outlook for SMEs in 2017 From a small and medium enterprises (SME) perspective, the current economic environment is more conducive to growth and opportunity than it was a year ago. This is according to Ben Bierman, Managing Director of Business Partners Limited (BUSINESS/PARTNERS), a specialist risk finance company for formal SMEs. “2016 saw a shift in terms of global politics and economic issues, specifical...
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The festive season survival guide for SMEs

With the festive season already in full swing, it is imperative that both seasonal and non-seasonal businesses alike take heed of the holiday’s pressures and ensure business continuity in order to retain customers and steady profit margins for the new year. Byron Jeacocks, Regional General Manager at Business Partners Limited (BUSINESS/PARTNERS), says that if business owners don’t plan accordingly for this busy time of year, there m...
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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 co...
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SMEs survive another tough year

South African small and medium enterprise owners were exposed to one of the toughest years in decades, not only for economic reasons but also for factors influencing business activity levels. The effects of the various challenges experienced in the country spread to all levels of the economy – from large corporates to small and medium enterprises (SMEs) – and have left business owners with a few lessons to learn from for 2017. This is a...
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Building your small business into a big brand

When it comes to marketing a small business, the fundamentals remain the same as they are with big businesses, yet many small and medium enterprises (SMEs) fail to action even the simplest marketing initiatives effectively, often to the detriment of the business’ success. David Morobe, Regional General Manager at Business Partners Limited (BUSINESS/PARTNERS), says that many SMEs don’t pay marketing functions as much attention ...
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