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
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
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
From one-person entities to JSE-listed companies, no business can escape the dreaded task of bookkeeping. While it’s definitely not one of the more glamorous parts of the job, bookkeeping is at the heart of small business success, which means errors can be crippling. To avoid the financial headaches that come with bookkeeping mismanagement, it’s important
In our society, failure has become some sort of an unmentionable occurrence. None of us likes to talk about it. But we all know it’s there. Scrolling through articles, social media posts, etc. we look at other “successful entrepreneurs” and immediately these images and narrative invites us with the allure of ample time and freedom
