The past few weeks have been nothing short of a nightmare. Without downplaying or ignoring the severe physical and emotional impact this pandemic and subsequent lockdown have on any one person, family or group/community, I believe it is necessary to look at some trends that will have an impact on SMEs and entrepreneurs after we
Where are the days where you would walk into a coffee shop and in passing, the discussions you would overhear are about business ideas, the next big thing, etc.? The past few weeks can in some circles only be characterised as the world possibly racing towards the end times. Now, discussions centre around load shedding,
As an entrepreneur running your early startup, you may find yourself in a similar situation that I and thousands of other early-stage entrepreneurs found themselves. Where is the money going to come from? How much will come in this month? When I started JTB Consulting, I never knew how much money would come in each
When we talk about starting your own business, there are a lot of costs involved: Employee costs, the cost of funding (capital), the cost of marketing, and the cost of monthly expenses. But why do we never talk about the biggest and perhaps most crucial cost – the emotional cost? Imagine if we could express
There are more than 2.5 million small and medium-sized enterprises (SMEs) in South Africa, however, accessing funding remains still a major challenge for many entrepreneurs. To combat this, the country now has a growing alternative lending sector that is focused on providing funding for this market. SME lending is a massive gap and a global
One of the biggest challenges facing small business borrowers (and lenders) is that too many business owners wait until the need for financing is critical before they start looking. Taking a more strategic approach, and seeking financing before the need becomes a crisis, could make the borrowing process less stressful and more successful. It’s sometimes
