A destination of ideas
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]
We have created a system that in practice rewards inefficiency, makes peers and managers afraid to tackle incompetence and perpetuates a belief that the employer is by default the one that ends up paying. In fact, the CCMA claims a 70% settlement rate – meaning that in 70% of cases the employer is encouraged to simply settle to get rid of the problem, whether justified or not.
Do small business owners understand what rights they have when dealing with errant employees within their probationary period? Or will most end up being held for ransom by their employees who understand the labour law better than they do? By re-thinking the labour law’s ‘probation clause’ we would reduce some of the risks inherent to being an entrepreneur
One of the Finweek / Aurik BizAccelerator entrepreneurs is making big strides in their business
If you pair an entrepreneur up with an existing business where the owner is wanting to retire, the new entrepreneur will take an already successful business forward in leaps and bounds not only because all the value drivers that make a business successful are in place, but also because technology has changed and the retiring owner will certainly not have taken advantage of new technologies and the new entrepreneur will.
This video should be a must-see for all South Africans asking themselves what future they have as they leave the relative safety of high school.
Leading financial journalist Bruce Whitfield recently wrote a cover story where he picked the five worst CEO jobs in South Africa. While there were a number of obvious candidates (Telkom, Lonmin and SAA), the less obvious selection was that of “The South African Entrepreneur”. Bruce argued that local entrepreneurs find the deck stacked against them from a regulatory perspective and an entrepreneur-unfriendly operating environment.
The proposed amendments to the B-BBEE Codes of Good Practice could make it difficult for smaller businesses to achieve an acceptable scorecard and compete for contracts with government and state-owned enterprises
49% of those surveyed said that the SA economy will be conducive for business growth in the next 12 months.
