Are Business Plans Still Relevant Today? A Factual Investigation Into This Question…

Entrepreneurs who are starting a new business often wonder, “Do I really need a business plan? Is writing a business plan really the best use of my time?” The answer to these questions is almost always, Yes! A business plan is an integral part of starting a new business. A business plan is a very

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:

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

Are You Afraid Of ‘Con-Artists’ And ‘Scam Consultants’ Operating In South Africa?

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. Unfortunately, there are a number of “Business Plan Consultants” that promise the world when

Do You Really Need A Business Plan Consultant?

Starting a New Business? Need a Business Plan? Then listen to this practical advice to entrepreneurs on ‘Everything to do with Business Plans’. Dr. Thommie Burger (Founder of JTB Consulting (Just in Time Business Consulting) interviewed. The interview was conducted by the University of Pretoria’s TUKS FM 107.2 during its Business Platform Show on 21

Your Business Plan … As Important As Death And Taxes

So… You are ready to start a new business but are contemplating whether you need a Business Plan. Perhaps one of your friends advised you to write one but you are wondering whether it will just be a waste of valuable time? With the increase in the rate of competition and the high failure rate of

Failure of Businesses in South Africa is No Joke!

The failure of new and existing South African businesses is a topic that has been discussed and debated for years. According to a study by The Small Enterprise Development Agency (SEDA: 2007), a subsidiary of The Department of Trade and Industry, South Africa has one of the highest failure rates of new SMEs in the

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

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