Starting Up? Have a Limited Budget? Use These 5 Market Research Techniques
There are various market research techniques available. One can’t deny that Market Research is critical for both startup and existing businesses. An integral part of writing a business plan is conducting market research. Not only are our team at JTB Consulting often asked, “Why is market research important?” but we also receive the following question: […]
Pitch Deck Design and Why You Need One in 2023
A pitch deck is more than an elevator pitch. It’s a document that communicates the value of your startup to potential investors. It’s a concise and compelling presentation of your company, its market opportunity, and its proposed solution. A great pitch deck design will excite potential investors who want to learn more about your company. […]
5 Critical Factors to Consider in Your Startup Valuation
Valuing your startup can be difficult and not an exact science. If you ask ten different funders to value the company, each one will, in all probability, come up with a different value. Following is a synopsis of factors to consider when calculating the Startup Valuation of your business, especially before any revenue is realised. […]
Faced with Business Failure? Consider These 5 Alternatives to Closing Shop
Business Failure is never at the top of your mind when chasing your Startup Dreams! Starting a business is exciting and rewarding, from naming your business, setting up the website, meeting that first potential client, and reaching your first R1 million in sales. It seems every step is a milestone. But not all businesses succeed, […]
5 Alarming Reasons Why You Must Never Use a Business Planning Template
New to Business Planning? Writing a business plan? Where do you start? Were you looking for a business planning template? Stop right here! We know that looking for a ready-to-use business planning template is the most comfortable and accessible thing. You may even think it is the cheapest option because you don’t have a lot […]
Successful Business Planning for Startups ― 9 Must-Do Steps
Business Planning for Startups is unavoidable when you want to pursue your dreams of running your own business. But planning is boring and cumbersome. You won’t get very far without effortful planning to execute your business idea. Business Planning for Startups 101 Business Planning is creating a document outlining your company’s objectives and strategies for […]
10 Unfortunate Misconceptions of Starting a Business
Starting a business? You are ready to hit the floor running. 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 realise your dreams. So, having read numerous books, blogs and articles on entrepreneurship, you are standing on the […]
Business Survival Strategies ― 15 Tips to Survive the SA Recession
Entrepreneur survival is vital to ensure the growth of an economy. But with the looming recession, we need to look at some Business Survival Strategies. Nearly every business has felt the impact of the recession. Business Survival Strategies 101 There has been no escaping. In 2022, the word ‘recession’ was used in nearly every newspaper […]
Beware of These 10 Frightening Investor Questions You Will Be Asked
Investor questions are dreadful to new startups. However, entrepreneurs need to be prepared when pitching their startup companies to investors by anticipating the investor questions they will receive. Presenting to potential investors will involve as few as 10 and as many as 100 questions. Investor Questions 101 We have focused on the Top 10 Most […]
Wondering Why Your Pitch Decks Don’t Get Funding? Here are the Brutal Reasons
Pitch Decks are not that easy to design, especially if you present them to investors who see hundreds of Pitch Decks yearly! Not everyone is going to pitch their Business Plan to investors. Many great businesses start without ever raising a Rand from external investors. With this said, I wanted to present some insight into […]
Never Say These 8 Silly Things when you Present your Pitch Deck
The presentation of your Investor Pitch Deck can be one of the most daunting things you must endure as an entrepreneur. Therefore, the pitch deck structure and presentation are critically important. Investors are much better at negotiations than you are; after all, this is what they do, and they do it daily. You, on the […]
Startup Funding and 8 Costly Mistakes to Avoid
Startup Funding is perhaps the greatest challenge to new companies. Startup companies face many challenges, one of which is securing startup funding. Securing and managing startup business funding can be one of the most exciting – and nerve-wracking – parts of being an entrepreneur. Often, the financial and legal implications may seem overwhelming. But don’t […]
