One of the biggest challenges faced by small enterprises these days are issues around card-based payments for services rendered at customer sites or local markets. This is due to the high cost of point-of-sale devices needed to process sales. Finweek takes a closer look at the SnapScan trend.
Through the years entrepreneurs have come to rely on business plans to plot a trajectory for their small businesses. However, with more and more companies offering business plans on behalf of entrepreneurs, a new approach is needed to ensure that the entrepreneur is ready for the arduous journey to success.
A common issue raised among local entrepreneurs is the ease of access to business finance, which is often criticised due to the difficulties experienced when attempting to secure funding to either establish, or grow, a business. The reality is that there is money available for entrepreneurs with the right idea.