45+ Business Ideas for Success in South Africa: JTB Consulting’s Extensive 2024 Guide
South Africa has opportunities for entrepreneurs, from tech startups to small businesses. The country’s growing economy provides various avenues for individuals to create businesses and thrive in their chosen industries. This article will share over 45 business ideas that can be started in South Africa in 2024. South Africa has excellent economic potential thanks to […]
PESTEL Analysis ― Its Importance in Your Business Planning for 2024
A PESTEL Analysis is a strategic business tool that allows organisations to understand how various elements might impact their businesses now and in the future. PESTEL stands for the six main external factors that can influence a business: Political factors, Economic factors, Social factors, Technological factors, Environmental factors, and Legal factors. Each concept is an […]
When you do a Feasibility Study, you Must Ask These 20 Questions
Feasible or not? A Feasibility Study is an important component 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: first, getting a new business idea and second, determining […]
50 Important Questions to Ask in Your SWOT Analysis
Every business owner should conduct a regular SWOT Analysis to assess the company’s strengths, weaknesses, opportunities, and threats to its competition. In 2014, Dr. Thommie Burger, Founder of JTB Consulting, designed a unique SWOT Analysis Tool as part of his Ph.D. Dissertation on “Entrepreneurship and the importance of Internal and External Analysis of Startups.” Whether […]
Small Business Consulting: How to Improve Your Organisation’s Performance
Choosing one of the best consulting firms in South Africa is a critical decision for any business, and this is especially true in South Africa, where the economic landscape is complex and rapidly evolving. With so many consulting firms, it can be challenging to determine which is best suited to your needs. This guide will […]
Exploring the 7 Duties of a Startup CEO in 2024
Tune in to any business channel or podcast, whether online or on TV, and chances are you’ll see an interview with a CEO. If I mention the word CEO, what’s the first thing that comes to mind? For some people, a superhero with incredible creativity and panache (think Jeff Bezos and Steve Jobs). For others, […]
How does a Financial Plan Differ from a Business Plan?
What is a Business Plan, and how does it differ from a Financial Plan? Firstly, a Financial Plan for a New Business differs from a Business Plan. They are not Synonymous! When referring to financial planning, the first thing that comes to mind is budgeting. Financial planning can be much more when done systematically and […]
Supercharge Your Growth: 27 Reasons Why Business Planning is Crucial!
You may wonder why business planning is essential if you’re starting a new business or looking to grow an existing one. A well-crafted business plan can help you define your goals, identify potential challenges, and create a roadmap for success. In this post, we’ll explore the benefits of business planning and offer practical advice for […]
18 Essential Questions to Ask Before Hiring a Business Plan Writer (2024 Edition)
Embarking on the journey of developing a business plan is a strategic move that can significantly shape the trajectory of your enterprise. At JTB Consulting, with over 18 years of experience and a stellar reputation backed by 50+ 5-star Google reviews, 40+ professional LinkedIn recommendations, and 300+ client testimonials, we understand the nuances of the […]
How much does a Business Plan Cost in South Africa? (2024 Edition)
Understanding the cost of business plan writers in South Africa is crucial for entrepreneurs crafting a venture roadmap. The price variation, ranging from R1,000 to R100,000+, prompts the question: “Why such a significant gap in business plan prices in South Africa?” This article by JTB Consulting aims to unravel the intricacies of Business Plan Costs, […]
Starting a New Business ― 3 Ugly Emotional Costs
Starting your own business means that there are many costs involved: employee costs, the cost of funding (capital), the cost of marketing, and the cost of monthly expenses. But why do we never discuss the biggest and perhaps most crucial cost—the emotional cost of starting your own business? JTB Consulting has been included in Outsource […]
Our Comprehensive 2023 Guide to Market Analysis for Business Plans
Market Analysis for Business Plans is the process you go through to understand the market you are trying to enter. It is a combination of activities and research that helps you to understand the size of the market, who your competitors are, and what problems you need to solve to be successful. The most important […]
