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While a lack of funding, skills shortage and red tape make it very difficult for local small businesses to thrive, Avocado Vision CEO Jules Newton identifies another obstacle that cripples small businesses: slack payment. In this opinion piece she explains how late payments affect small business and how you can help.
Having your staff’s best interests at heart (and actively demonstrating this to them), you will not only create a peaceful and productive company – but a profitable one too. Jessica Hubbard explains the importance of company culture.
“With South Africa as one of the BRICS, it needs to be on the forefront of creative digital communications, not on the back foot. We should be setting the example of what constitutes innovative digital communications solutions, especially if we seek to drive business across the continent.”
Customers don’t like to be kept waiting, but sometimes delays are unavoidable. Aki Kalliatakis of Leadership Launchpad offers a few solutions to placate angry, waiting customers before they become disruptive to your business.
Small businesses, like any other business, often find themselves operating in a competitive environment. Business and executive coaching expert Greg Mason of Action Coach says encountering competition is not the time to give up, but rather to improve efficiencies within the business. [Read more]
Our good friend Scott Cundill from Majestic Interactive has this excellent tip for entrepreneurs to remember when it comes to selling. [Read more]
In addition to being handsome and successful, the South African-born Elon Musk is the founder of the Space Exploration Technologies Corporation (SpaceX). The California-based company is the first commercial company in history to send a cargo payload to the international space station.
“The smart phone market will continue to evolve but the smart money will look beyond the commoditisation of hardware and, to some degree, even the software to find opportunities that play towards the changing dynamics of mobile data and how that affects users’ lives.”
In my column last week, I mentioned that South African born entrepreneur Elon Musk is one of the most innovative entrepreneurs in the world and how he smartly uses finance to grow his businesses.
Launch48 is a valuable part of the startup eco-system and anyone interested in becoming an entrepreneur should look to attend the 48 hour entrepreneurship event in Cape Town. You will learn more in this 48 hour period than any other time in your career.
