BUSINESS: SMEs # 1 Challenge gets attention

Work 4

The My Business Expo and Access to Finance Indaba are coming up for owners of SMEs to equip themselves in the best way to run their businesses. Different topics with tips for SMEs will be explored.

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: SME-friendly budget to boost economy

entrepreneur

Government’s budget should contribute towards the formation, sustainability and success of small and medium enterprises (SMEs) to reduce the unemployment rate and develop the economy. Nazeem Martin says government should support SMEs by encouraging South Africans to pursue entrepreneurship opportunities.

ENTREPRENEURSHIP: Using invoices to free up cash

Finweek 16 October 2014

Invoice discounting could offer a quick solution to cash flow troubles for small and medium enterprises, but FNB’s Michael Naidoo warns that this form of financing does have its pitfalls.

MANAGEMENT: Skills required to grow a business

Ravi Govender

SA entrepreneurs are often faced with the challenge of retaining skilled and experienced people in their businesses. Standard Bank’s Ravi Govender looks at ways in which to attract and keep skills within a company to ensure long-term growth.

ENTREPRENEURSHIP: James Caan on the entrepreneurial journey – Pt1

James Caan, Lisa Lllingworth

Journalist Lisa Illingworth spoke to James Caan of Dragon’s Den fame about his Step Up 2 a Start Up initiative for the next edition of Finweek. In this article she speaks to Caan about his own entrepreneurial journey and who is really responsible for the development of SMMEs.

ENTREPRENEURSHIP: 8 reasons why you need an accountant

finance

Many small businesses prefer not to employ a professional CA in order to save on costs. This articles outlines eight ways your business can benefit from the services of a professional accountant.

INSIGHT: SA SME industry not for the unprepared

Challenge

Running a small or medium enterprise in South Africa despite all the challenges we face, is definitely not for the faint hearted. Gerrie van Biljon from Business Partners Limited assesses macro and micro risks local businesses need to be aware of.

CORPORATE NEWS: Budget sounds optimistic

CEOs

As part of the National Budget speech on 26 February, Finance Minister Pravin Gordhan made some interesting promises regarding small and medium businesses. Some optimism was noted when he talked about tangible benefits regarding tax and new opportunities for small enterprises.

OPINION: SME-friendly budget will boost economy

Budget

Small and medium businesses in South Africa are creating 60% of jobs annually and have long been the providers of 50% of formal jobs. In order to give SA a proper boost in job creation and economic development, Minister Pravin Gordhan would have to deliver a small-business friendly budget.