Business Coaches in South Africa: Here are our 10 Free Tips before you Hire One
Business Coaches in South Africa assist and guide business owners in running their businesses by helping them clarify their vision and how it fits in with their personal goals. Business coaching is a process used to take a business from where it is now to where the business owner wants it to be. The Business […]
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. South Africa has excellent economic potential thanks to its abundant natural resources, large consumer market, and well-developed infrastructure. The country’s diversified economy includes mining, agriculture, […]
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?” Let’s see if we can answer the following Key Questions: This article by JTB […]
Unlocking the Power of Funds for Small Business: Your Ultimate 2024 Guide
Starting a small business is a dream come true for many aspiring entrepreneurs. However exciting as it may seem, setting up and running a successful small business requires significant investment. This is where funds for small businesses come into play. Whether you are starting a new venture or expanding an existing one, funds for small […]
15 Key Steps to Starting Your Own Business in South Africa
“How to Start Your Own Business in South Africa?” This a question we face at JTB Consulting every week. Starting a business in South Africa can be a challenging but rewarding experience. With a vibrant economy (if you look past the government corruption, load shedding, broken infrastructure, and other challenges), South Africa still has a […]
Planning Your New Startup: Advice from a Small Business Planner (Part 1)
Any Small Business Planner will tell you that starting a new business will involve spending money. Sometimes, a lot of it. So now you’re planning to spend money. You’re planning all the material goods you may need – from a pencil to your premises – and everything in between. This is the time to be […]
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 […]
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 […]
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 […]
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 […]
