50 Urgent 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 in relation to its competition. A SWOT Analysis helps evaluate where a company stands in a competitive market and what steps need to be taken for further strategic
11 Best Tips on How to Write a Value Proposition Look at any well-written Business Plan and you’ll see a section called “Value Proposition” – and this is normally one of the key questions investors have from entrepreneurs and how this value proposition will solve a problem for your intended customer. How can an entrepreneur create
Lockdown Nightmare and 8 Honest Tips on Starting a Business Now! With all the negativity surrounding us due to the major impact COVID-19 has had on our economy, I want to believe that new businesses will emerge during and after the lockdown. South Africans are a resilient bunch and NOW may be the best time
12 Personal Branding Mistakes to Avoid Consumers, now more than ever, feel they need a stronger connection with the companies they engage with. Personal branding and how you represent your business are vital considerations in today’s market. How you come across and are perceived are more important than just a logo and a tag line.
Starting Your Own Business and 3 Agonising Emotional Costs Starting your own business means that 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
8 Ugly Truths on How Small Business Financing Will Change in SA after COVID-19 Small Business Financing is already one of the most difficult challenges to SMEs operating in South Africa. Nearly nine months later, and we can all agree that the COVID-19 pandemic has changed the way small businesses handle their finances. Stay-at-home orders
Business Plan Templates – 10 Reasons to be Careful of Cookie-Cutter Consultants A Business Plan Template will not help you on your business journey. In fact, a Business Plan Template can do more harm than good. Having a new business idea is great! But, without a business plan, or using a generic cookie-cutter business plan
5 Difficult Customers you will Encounter as a Startup in 2021 Difficult customers are a part of every business person’s life. The importance of knowing how to deal with difficult customers during the infant years of your new start-up company can’t be overstated. Being equipped with this knowledge and interpersonal skills can assist in ensuring
Your Business Case (Plan) is as Vital as Death and Taxes Your Business Case (Plan) is as Important as Death and Taxes. So… You are ready to start a new venture but are contemplating whether you need a Business Case (Plan). Perhaps one of your friends advised you to write one but you are wondering
16 Reasons to Write a Startup Business Plan in 2021 According to a recent article by Harvard Business Review, entrepreneurs who write startup business plans are more likely to succeed. It is crucially important to synchronise the writing of your business plan with other key startup activities. A startup business plan is a good idea
Your Investor Pitch and 8 Dumb Things you Should Never Say Your Investor Pitch can be one of the most daunting things you have to endure as an entrepreneur. Investors are much better at negotiations than you are; after all, this is what they do, and they do it daily. You on the other hand,
What is the Relevance of Business Plans today? Entrepreneurs who are starting a new business often wonder, “Do I really need a business plan? Is writing business plans really the best use of my time?” The answer to these questions is almost always, Yes! Business Plans are an integral part of starting a new business.