Business Planning can be a Difficult Task ― Here are JTB’s Top 10 Tips.
Owning your own business sounds like a dream. Yet, sooner or later, the requirement to go through the Business Planning process will be knocking at your door. Starting your own business is exciting, terrifying, and maybe a little bit of both. Getting your new venture off the ground will be an uphill struggle – that […]
The Business Planning Format ― Here are 8 Expert Insider Tips
Any investor will tell you that your Business Planning Format is critical. With a business plan, you can spot potential weaknesses, opportunities and threats early on and begin to build real financial projections and forecast growth. After all, it may be hard to convince investors or lenders to back your business if you don’t have […]
Ready to Take the Leap? Have the Guts to Start Your Own Business in 2023!
To start your own business can be an exciting and rewarding experience. But it can also be daunting, especially if you’re unsure what steps to take. To Start Your Own Business in 2023 Fortunately, many resources are available to help you start your own business, from developing your business plan to finding funding sources. In […]
Unlock Your Potential: 13 Brilliant Business Ideas for Startups in 2023!
Are you looking for the best business ideas for 2023? Now is the perfect time to start planning your next business venture and realise your dreams. With the right business idea and strategy, you can be successful and make your mark in the world. It is difficult to predict the specific types of startups that […]
How to Create a Convincing Business Model Canvas in 2023
Every startup founder should be able to outline their business model clearly. In this article by JTB Consulting, you will learn how to create a Business Model Canvas in our step-by-step guide. What is the Business Model Canvas? The business model canvas is a strategic planning tool managers and business owners use to illustrate and develop their […]
8 Entrepreneurial Qualities Successful Startups Should Adopt
Do a Google search on Entrepreneurial Qualities, and hundreds of articles advise on Entrepreneur Qualities and Success Factors. Being an entrepreneur is not easy, but it can be rewarding. It requires dedication, hard work and the right mindset. There are certain qualities that successful entrepreneurs share which can make the journey that much easier. Entrepreneurial […]
Financial Model Design: 9 Important Principles to Live By
A Financial Model is one of the most important components of Business- and Strategic Planning. A Financial (Projections) Model has become the standard financial-decision making tool used by entrepreneurs, financial analysts, investors, business executives, banks and other stakeholders. Financial Model 101 Financial Model Design takes time, effort and industry know-how and rationally looks at things […]
Afraid of South Africa’s Scam Consultants? Save more than R15K!
Dear Entrepreneur and Business Owner. Having a new business idea is great! But, without a business plan or using a generic, cookie-cutter business plan template, a business is essentially rudderless, and day-to-day activities are likely to be haphazard and reactive. Over the past five years, we at JTB Consulting have seen a massive uptick in […]
What the Scam Business Plan Experts Don’t Tell You (You Could Lose R10,000+)!
Do you have a Professionally Written Business Plan? Congratulations, you are in a small minority. And if you have a Professional Business Plan, do you use it? And have you looked at it in the last few months? If the answer to these questions is yes, you need to read no further. However, most business […]
Financial Models are Critical to your Business: Here are 7 Reasons Why
Creating a Financial Model, even for a startup business, is very important to build a strong foundation around the financial identity of the company. Financial models for startups and existing companies underpin major business and financial decisions and are one of the most important tools for business planning. Financial Models Explored. When you’re trying to […]
16 Rock-Solid Reasons Why Business Planning is Important
According to a recent article by Harvard Business Review, Business Planning is a vital activity for entrepreneurs, especially startups. In answering the question, “Why Business Planning is Important”, the article cites that entrepreneurs who write business plans and include business planning as part of their startup process are more likely to succeed. It is crucially […]
Feasible Business Ideas ― How to Conduct a Financial Feasibility Study
So, as 2023 approaches, you are contemplating Starting a New Business. But how do you know whether you have Feasible Business Ideas? This article explores how to prepare a Financial Feasibility Study. We will first explain what a financial feasibility study is, the meaning of a feasibility study, why you need one, in which situations […]
