ENTREPRENEUR: Avoid making foolish business mistakes

Entrepreneur thinking

Entrepreneurs starting out with their ventures make business mistakes that see the untimely termination of their endeavours. Christo Botes, spokesperson of the 2015 Sanlam/Business Partners Entrepreneur of the Year advises entrepreneurs on avoiding some of these pitfalls.

ENTREPRENEUR: Obstacles for new businesses

Challenge 3

New businesses will always face different obstacles when starting up. These challenges are normal and can be dealt with effectively.

ENTREPRENEUR: Why some business plans are rejected

Techno

Having a good business plan is important to secure investment. Moxima Gama explores why some plans fail to get the desired outcome.

INVESTMENT: Angel Investing could answer your entrepreneurial prayers

Fingers crossed

Getting the capital you need is difficult as an entrepreneur. Banks are wary of giving loans to start-ups. Angel investing is an option you should consider.

BUSINESS: Revolutionising business telephony forever

Internet

Founders of Euphoria Telecom, George Golding and Conrad de Wet are revolutionizing the way business owners run their communications. This phone service uses the internet as opposed to a traditional analogue landline cabling system.

BUDGET: Reduction in transfer duty positive news

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Finance minister Nhlanhla Nene’s announced that R105bn would be spent on housing and bulk infrastructure. The good news for home buyers is that there is a reduction in transfer duty.

BUSINESS: Jozi innovators to find solutions to problems

Johannesburg

The Hack Jozi Challenge is calling all innovators in Johannesburg to find solutions for the city’s problems. This could be load shedding, traffic, potholes or city billing issues. R5m is up for grabs if you can make the city a better place to live in.

ENTREPRENEUR: Google SA offers workshop to women

gOOGLE g

With International Women’s Day approaching, Google SA is offering a workshop to women entrepreneurs. The workshop will focus on encouraging women to start digital businesses.

ENTREPRENEURSHIP: Developing young black winemakers

wine

The Winemakers Guild Protégé Programme transforms the cellar workers or assistant winemakers into independent winemakers. The programme, introduced in 2006, aims to play an active role in the sustainable transformation of the South African wine industry.

BUSINESS: Five reasons the Budget Speech is important to SMEs

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Big business has always shown interest in the National Budget Speech but this year SMEs should pay attention to policy reform that may affect them.