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Leadership under fire under fireOwning and running a small business is challenging, even at the best of times. But with the economy under serious pressure, the small business owner's skills as a leader are being tested like never before.2017-09-26T22:00:00.0000000Z
Debt is good for your business as long as it is well managed is good for your business as long as it is well managedThe word “debt” often has negative connotations as something to be avoided. This is because it can be perceived to spell out financial trouble, but Siphethe Dumeko, chief financial officer of Business Partners Limited, believes that debt is more often than not, a vital, nourishing resource that allows a business to grow.2017-07-30T22:00:00.0000000Z
Ten tips for managing the lifeblood of your business tips for managing the lifeblood of your businessNothing is as important to the financial health of a growing small business as the constant, predictable flow of cash, because if the cash dries up, the business will die.2017-07-30T22:00:00.0000000Z
Entrepreneurship as a career - no longer a choice as a career - no longer a choiceFor years, the debate around South Africa's stubborn unemployment figures has always contained the argument that we need to raise awareness about entrepreneurship – that is, starting your own business – as an alternative career choice for school leavers.2017-06-29T22:00:00.0000000Z
Fifteen essential tips for starting your own business essential tips for starting your own businessPetro Bothma has seen many start-ups come and go during her three decades at Business Partners Limited, most recently as head of enterprise development and non-financial support. She compiled the following essential tips for anyone thinking about starting their own business:2017-06-29T22:00:00.0000000Z
Seven things to consider before signing a lease for business premises things to consider before signing a lease for business premisesFor many entrepreneurs, signing a lease for their first business premises marks a seminal moment in the growth of their ventures. After months or years in the home or garage, it can seem like the first real step into the business world. It is often also one of their more substantial deals which, if they get it wrong, can cost them many tens of thousands of rands.2017-05-29T22:00:00.0000000Z
When renting a premises makes sense renting a premises makes senseThere is a certain allure to owning your own business premises that tends to skew the decision of whether to buy or to rent in favour of ownership – security of tenure, the freedom to chop and change the structure, the growth of the value of the property, and, often, the stature that property ownership seems to add to business achievement.2017-05-29T22:00:00.0000000Z
Franchising shines in tough times shines in tough timesThe resilience and vitality of the franchising industry in South Africa is more apparent than ever. In a year of low overall economic growth, the franchising sector's share of the country's gross domestic product (GDP) has grown by no less than 6% from R465bn to R493bn, says Jeremy Lang, regional general manager at Business Partners Limited (BUSINESS/PARTNERS).2017-04-28T22:00:00.0000000Z
The daunting process of getting a franchise off the ground daunting process of getting a franchise off the groundFranchising is a great way for an ambitious entrepreneur to expand a business fast through harnessing the energy, hard work and buy-in, quite literally, of lots of smaller-scale entrepreneurs.2017-04-28T22:00:00.0000000Z
Pitching your idea to potential funders your idea to potential fundersBefore 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.2017-04-02T22:00:00.0000000Z
2017 Entrepreneur of the Year - competition now open for entries Entrepreneur of the Year - competition now open for entriesThe instrumental value that entrepreneurs add to the South African economy is indisputable – they are an important cog in the creation of the much-needed jobs in the country. It is therefore encouraging that the challenges and obstacles which impede this valuable sector are receiving some much-needed attention from both the public and private sectors – with the inclusion of small and medium enterprises (SMEs) in the State of the Nation Address (SONA) and National Budget Speech – beckoning for a more focused approach to entrepreneurial development in the country.2017-03-26T22:00:00.0000000Z
Warehouse boom takes hold as manufacturing declines boom takes hold as manufacturing declinesThe slow decline of manufacturing in South Africa is making its impact felt in the local property market as demand for factory space wanes. Shane Padayachy, property finance specialist at Business Partners Limited, says one the defining property trends of 2017 is the move away from factory premises to warehouses.2017-03-26T22:00:00.0000000Z
Ten tips for finding the right rental premises for your business tips for finding the right rental premises for your business“This is the best time for a business owner to be looking for rental premises in South Africa,” says Stanton Naidoo, COO of Property Management Services at Business Partners Limited. The chances of finding just the right spot at the right price is ideal under the current conditions in the business property sector, which makes it very much a tenant’s market, he says.2017-03-26T22:00:00.0000000Z
Tax terms defined terms definedBefore you try to get your taxes in order, it's important be familiar with the technical jargon you're about to be bombarded with. This glossary of tax terms can help you get to grips with that complicated language called Tax.2017-03-06T22:00:00.0000000Z
Now is the time for a pro-SME Budget is the time for a pro-SME BudgetIn year that promises better economic growth than that of the past few miserable ones, South Africa's business owners are likely to follow this month's tabling of the national Budget with more interest than usual, says Siphethe Dumeko, Chief Financial Officer at Business Partners Limited, the leading local risk financier to small and medium enterprises (SMEs).2017-02-23T22:00:00.0000000Z
Ten ways to improve your planning for the year ahead ways to improve your planning for the year aheadEach 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:2017-02-23T22:00:00.0000000Z
Assessing your company's financial position your company's financial positionIf you're not so clued up about the accounting and financial side of your business, you may not realise how an in-depth financial analysis can benefit your company. Learn how to get the most out of your financial information.2017-02-13T22:00:00.0000000Z
How good is your credit rating? good is your credit rating?No matter what kind of business you have, there will probably come a time when you have to apply for a loan or overdraft to expand your business, buy equipment or finance some other aspect of your operations. This is when have a good credit history becomes very important. 2017-02-13T22:00:00.0000000Z
Batteries recharged? Now is the time to reflect and plan recharged? Now is the time to reflect and planBusiness owners who have been lucky enough to pinch a week or two off in December are probably about as rested and fresh as they are going to be for the next twelve months or so. There is no better time for them to take a good look at their business and assess its readiness for the year ahead, says Jeremy Lang, regional general manager at Business Partners Limited.2017-01-26T22:00:00.0000000Z
Meteorological and economic drought poised to end in 2017 and economic drought poised to end in 2017Just like the latest rains hold the promise that at last the drought may be broken, the signs are everywhere that South African business owners can, for the first time in quite a while, look forward to a year in which the economy will start flowing forward again, says Ben Bierman, Managing Director of Business Partners Limited.2017-01-26T22:00:00.0000000Z
Ten ways to hone your delegating skills ways to hone your delegating skillsThe 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 skills2016-12-13T22:00:00.0000000Z
Your employees are the first impression employees are the first impressionA 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.2016-11-30T22:00:00.0000000Z
Everyone has a role to play in stimulating entrepreneurship has a role to play in stimulating entrepreneurshipVery often, any discussion about stimulating entrepreneurship devolves into a litany of things the government should be doing, but in reality there is very little that government can do on its own to persuade more South Africans to start their own businesses, and to support them to grow and prosper, says Byron Jeacocks, Business Partners Limited regional general manager.2016-11-24T22:00:00.0000000Z
Becoming a mentor a mentorIf 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 mentor2016-11-15T22:00:00.0000000Z
The positive power of mentorship positive power of mentorshipIn 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.2016-10-26T22:00:00.0000000Z