This Is Why Investors Don’t Give A Second Thought To Your Pitch

Not everyone is going to pitch their Business Plan to investors. There are many great businesses to be built without ever raising a Rand from external investors, and many types of businesses shouldn’t pitch to external investors to begin with. With this said, I wanted to present some insight on pitching because I know that:

What Is The Point Of A Financial Model?

Short and simple answer… To tell the story about your business with math. A great financial model isn’t just a spreadsheet: it’s an outline of your fundamental business model that can be used to understand your business. A lot of stakeholders tend to say that financial models are irrelevant for start-up companies. I agree that financial

Tourism Industry Focus: Are You Starting A Tourism Business In 2018?

JTB Consulting deals with hundreds of clients every year that are planning to start a new business. One of the major headaches most of our clients face is the lack of reliable, up-to-date, and available market research into the industry and market they wish to enter. Fortunately, an integral part of JTB Consulting’s Solution is the provision

Business Consultant: How To Become One In SA

Are You A Business Consultant That Have Specialised Skills You Can Use? One of the most important aspects to consider when you want to become a Business Consultant, and in particular, a Consultancy that specialises in offering Company Registration and Related Services to clients is to appreciate the fact that the industry is very competitive.

Is Your Business Idea Feasible?

Feasible or not! Feasibility; an important component that so many new entrepreneurs fail to consider. Before you get to the stage of starting your own business, and opening your doors for the first time, there are two vital aspects that most individuals find very difficult; firstly, getting a new business idea and determining whether this new

Start-Up Basics 101: Estimating Your Start-Up Costs

Starting a business is a bit like moving into a new house – you are usually well prepared for the obvious expenses, but the hidden extras can break the bank. During the start-up phase of a small business, the business owner needs funds for once-off costs as well as at least six months of working

Brand Development For SMEs – Volume 2

In continuing our segment on Brand Development and ‘How You Will Be Communicating With Your Customers And Build Your Brand’, we take a look this week at more components (which is free to implement in most cases) that you can include as part of your engagement with potential customers: Read More: Advertising for Small Businesses A Photographic Library of professionally

Service Businesses Can Be Innovative Too

As a small business, you have dreams of taking the world by storm. But, without stating the obvious, not all companies will become the next Facebook, Apple or Naspers. Product companies like Apple are super cool; they keep their loyal supporters on the edge of their seats in anticipation of the next new, innovative product. Service

How To Conduct Market Research On A Limited Budget

Question: I am in the process of starting my own business. Part of this process is writing a business plan to present to potential investors, which should include reliable market research. My business is a new Female Clothing Boutique selling bespoke garments, handbags and shoes. I am not sure how to do market research on

Reputation … This Can Make Or Break Your Business

REP-U-TA-TION: The estimation in which a person or thing is held; especially by the community or the general public; repute: a man of good reputation. “A man (woman) of good reputation”. If you are like me then that is definitely how I want to hear people talk about me and how I conduct business. Reputation is everything in the Business World. Whether you’re an online company or a multi-billion dollar corporation,

There Is Never Enough Time!

Running a small business can be a juggling act. Entrepreneurs must make important decisions on the company’s future, without neglecting the more banal responsibilities of keeping on top of emails and accounts. Time management is essential to ensure no part of the business is ignored. Time Management is the creation of tools and processes that

Dealing With Difficult Customers As A New Entrepreneur

The importance of knowing how to deal with difficult customers during the infant years of your new start-up company can’t be overstated. Being equipped with this knowledge and interpersonal skills can assist in ensuring your company’s long-term survival. As cited by Dr David Freemantle, “To create a relationship and therefore a likeable connection with a