Forecasting is the art of saying what will happen, and then explaining why it didn’t. Anonymous (communicated by Balaji Rajagopalan) The South African landscape lends itself to the fact that many individuals have limited education and training on basic financial literacy skills. These individuals form part of the pool of prospective entrepreneurs. Without basic financial literacy and
Behaviour precedes belief – that is, most people must engage in behaviour before they accept that it is beneficial; then they see the results, and then they believe that it is the right thing to do….implementation precedes buy-in; it does not follow it.” Douglas B. Reeves Speak to any prospective entrepreneur and even existing business owners
Anybody beginning or extending a venture that will consume significant resources of money, energy or time and that’s expected to return a profit should take the time to draft some kind of business plan. But there are many reasons to write a business plan, including the following five: 1. You want to start a business. The
Question: I am in the process of starting my own business. Part of this process is writing a business plan to present to potential investors, which should include reliable market research. My business is a new Female Clothing Boutique selling bespoke garments, handbags and shoes. I am not sure how to do market research on
Okay. So you have a great idea for a new business. Maybe you’ve even invented something that’s extremely mind-blowing and life-changing! Now it’s time to make sure you have all your bases covered so you can get started attracting customers and making money! Logo Designed – Check! Website Built – Check! Social Media Pages Up and Running – Check!
REP-U-TA-TION: The estimation in which a person or thing is held; especially by the community or the general public; repute: a man of good reputation. “A man (woman) of good reputation”. If you are like me then that is definitely how I want to hear people talk about me and how I conduct business. Reputation is everything in the Business World. Whether you’re an online company or a multi-billion dollar corporation,