The Misconceptions Of Starting And Running Your Own Business

So you are ready to start your own business? You’ve brainstormed your business idea, spoken to friends and family about your plans and are ready to leave your full time job to work for yourself and start realising your dreams. So, having read numerous books, blogs and articles on entrepreneurship you are standing on the

Top Business Models For Your New Start-Up

“The best start-ups generally come from somebody needing to scratch an itch.” Michael Arrington, TechCrunch Founder and Co-editor   Whenever meeting new or existing entrepreneurs, you are bound to hear the term ‘Business Model’ somewhere in the conversation. But just what is a business model? Which ones work best and why? How do you know

To Be Or Not To Be … In A Business Partnership

Let’s be honest, business partners, like parents and spouses, are rarely perfect and comes with their own set of challenges. Deciding on whether to take on a business partner is a very important decision that you might have to make. If you made the choice that this is the way to go in taking on

The Most Common Business Plan Mistakes Made

There are many mistakes aspiring entrepreneurs can make when compiling a business plan. Firstly, one must consider the role of a business plan: “It serves as a window through which the entrepreneur allows interested parties a bird’s eye view of the prospective business”. The plan must therefore be an accurate and comprehensive reflection of the

I Am Business Woman … Hear Me Roar

One of the biggest hurdles moms face when starting a new business is how to manage the home, the kids, and a job! It can be done, and many of these moms will actually even find the time to pursue their hobbies and interest as well. First things first, if you are going to start

Beware Of Using A Generic Business Plan Template And ‘Scam Consultants’

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, in stark contrast to those businesses implementing a well thought out business plan. Unfortunately, there are a number of

How To Choose A Business Plan Consultant In South Africa

Everyone knows the saying that there are only two things of which we are certain in life: “In this world nothing is certain but death and taxes.” History tells us that this saying originates more than 220 years ago. American-born Benjamin Franklin was a statesman, scientist, and writer who frequently corresponded with the prominent international

The Top 10 Mistakes Made By Start-Up Companies And Entrepreneurs

So you decide to startup a business. You have an idea. Let’s say you want to be a carpenter. You print some brochures, some business cards, and take out an ad in the Yellow Pages. You pay R8,000 for a website and a domain name that tells everyone about your amazing credentials and experience. You