Deciding how to charge people for your product or service is a very important decision. If the price is too low, your profit will be low and if it’s too high, you may lose customers.…
The digital world works a little differently from other “traditional” spheres. This is no different when it comes to sales and marketing. Here the sales funnel turns digital and converts customers in a dissimilar way.…
Business partnerships can either be a good or a bad choice for your business. Whether it has a positive or negative outcome depends on a few factors. However, if you understand the pros and cons…
When starting a business, it’s crucial to be prepared for both the initial startup costs and the ongoing expenses. A budget is an essential tool that can help you estimate how much money you’ll need…
Managing inventory levels effectively is crucial for the success of any business. Whether you’re a retailer, wholesaler, or manufacturer, maintaining the right inventory levels can help you reduce costs, improve cash flow, and ensure happy…
If you run an online store, then staying up to date with the latest eCommerce trends is important. While we can’t predict exactly what 2024 will bring, here are a few of the biggest eCommerce…
Franchise entrepreneurship holds significant appeal in South Africa, offering a well-trodden path to success. With numerous franchise opportunities available, aspiring business owners have a plethora of options to explore. Essentially, franchising allows individuals to kickstart…
Empowering Communities: The Rise of Social Entrepreneurship in South Africa Have you ever dreamed of launching a business that not only generates profit but also uplifts the very fabric of your community? Welcome to the…
MTN Business has announced Kevinot Farming from Matatiele in the Eastern Cape as the distinguished winner of its SME JumpStarter campaign. This strategic initiative, aligned with MTN’s Ambition 2025, aims to empower and recognise the…
One lesson that entrepreneurs must quickly learn is that survival and growth depend on being nimble and ready to adapt to changing markets. This talent is particularly important when your business is located in an…
If you run an eCommerce website, you need to generate traffic to make sales. The trouble is, eCommerce is insanely competitive, so getting enough relevant traffic can be difficult. Not only this, but you need…
One of the most important elements of a successful business is healthy cash flow. Without this, any business will struggle to operate properly. Cash flow is different from income and profits. It’s not about the…
Youth entrepreneurship in South Africa is key to economic growth and empowerment. Young people shape the future of South Africa, so investing in and focusing on young entrepreneurs is incredibly important. With enough support, youth…
Your website is your business’s most important online asset. It’s where you drive traffic from your marketing channels, and it’s where you convert people into customers. Your website is also often the first impression potential…
There are many different ways that business owners can use technology to work smarter. One of the best is with the right accounting automation tools. Accounting automation tools can save you significant amounts of time,…
If you’re going to start a business in South Africa, then you need to know what different forms of business ownership structures exist. The type of business ownership you choose should be based on the…
If you’re a young entrepreneur in need of funding, then the National Youth Development Agency (NYDA) could offer the ideal opportunity. NYDA business funding helps thousands of small businesses across South Africa. If you match…
Townships are busy places, full of people and business opportunities. If you’re interested in running your own business and becoming your own boss, then there are many different business ideas you can pursue in your…
One of the biggest initial challenges of starting a business is gaining funding. You need capital to get your business off the ground, but finding this capital can be tricky – especially when all you…
You can’t start a business without a solid business plan in place. Your business plan is the essential roadmap you will use to understand how viable your business idea is and to establish how you…
A great website is paramount to the success of any kind of business. Your website is often the first impression new customers have of your brand. It’s where many new prospects discover your business, and…
One of the fundamental parts of running a business is understanding what laws and regulations you need to follow. No matter the industry you’re in or how big your business is, there are a few…
Nearly one in every four female African entrepreneurs has innovated in some way. This shows just how much potential female entrepreneurs have to offer in South Africa. Yet, female entrepreneurs still face their fair share…
SMEs are the backbone of South Africa’s economy, which is why various government funding initiatives exist to help support the development of small businesses. Whether you’re trying to start a new business or want to…
You need money to start a business. While this can be a tricky part of getting your business off the ground, the good news is that many funding options exist for small businesses. Securing the…
Youth unemployment is a major challenge in South Africa today. With increasing numbers of young people being unable to find work, there is a rising interest in youth entrepreneurship in South Africa. Young entrepreneurs are…
If your business isn’t online yet, then it’s probably a good idea to change that. Any kind of retailer can extend its operations online to boost its revenue streams. In order to do this, you’ll…
Your website is your small business’s most important online asset. It’s where you’ll drive all of your marketing traffic, and it’s where customers will make sales or get in touch with you. Quite simply, you…