Funding Mistakes Made By Entrepreneurs Seeking Startup Capital

Funding a new business is part and parcel of an entrepreneur’s journey. You have a great business venture idea (or at least you’ve been told by family and friends that you have a great idea) and you are now raising startup capital but why, oh why is it that nobody wants to invest in your

Do You Really Need A Business Plan Consultant?

Starting a New Business? Need a Business Plan? Then listen to this practical advice to entrepreneurs on ‘Everything to do with Business Plans’. Dr. Thommie Burger (Founder of JTB Consulting (Just in Time Business Consulting) interviewed. The interview was conducted by the University of Pretoria’s TUKS FM 107.2 during its Business Platform Show on 21

Responsive Websites: 5 Reasons Why You Need One As A Start-Up Company

Websites? Everyone has one right? Something we all know but when it comes to the technical jargon and design of a website, most entrepreneurs are novices. More than 10 years ago, when I was on the verge of starting JTB Consulting, one of the key aspects I had to consider was the design of a

Your Business Plan … As Important As Death And Taxes

So… You are ready to start a new business but are contemplating whether you need a Business Plan. Perhaps one of your friends advised you to write one but you are wondering whether it will just be a waste of valuable time? With the increase in the rate of competition and the high failure rate of

Teaching Entrepreneurial Principles To Children

Teaching entrepreneurship and the principles of starting your own business to kids are vital. Due to cut-throat competition in the conventional professional fields like Engineers, Chartered Accountants and Medical Doctors, teaching entrepreneurship to children has certainly gained tremendous popularity in specially developed nations…an alternative to just merely seeking a professional career after school. Since the

Fear of Rejection…Following Up With Prospective Clients (Without Being Annoying)

Fear of rejection is something that is faced by sales people and entrepreneurs alike. Following up with prospective clients is one of the most important activities of small business owners. Entrepreneurs constantly put themselves out there, and no one is safe from the fear of rejection. They’re afraid the prospect is going to tell them, “Go

Valuations Of Start-Up Companies (Volume 2)

Valuations of start-up companies, we’ve seen in the previous blog article, is an extremely complex but important aspect of the funding/investment application process. In our previous blog, we focused on the first 5 questions of 25 critical questions to answer that will help you understand what the investor is thinking when it comes to valuing your start-up

Valuing your Start-up Company

Valuing Your Start-Up Company (Volume 1)

Valuing your Start-Up Company is a difficult exercise and not an exact science whatsoever; in fact, if you ask 10 different funders to value the company, each one of them will in all probability come up with a different value. Following is a synopsis of factors to consider when Valuing your Start-Up Company before any Revenue

Planning The Basics Of Your Business (Part 2)

Planning to start a new business may involve hiring individuals that can share and execute your vision. When it comes to your business you must think of the positions you need – just like any other business. You may need positions such as a manager, a bookkeeper, a cleaner, an assistant, a driver, a receptionist,

Planning The Basics Of Your New Business (Part 1)

Planning to start a new business will involve spending money. Sometimes a lot of it. Now you’re planning to spend money. You’re planning all the material goods you may possibly need – from a pencil to your premises – and everything in between. This is the time to be conservative…and smart! Start-up expenses for a

Planning A Sustainable Business

Planning…no wait…thorough planning is the key to success. Opening a business without a business plan is like setting out into the middle of nowhere with no map or supplies and trying to find a specific location you’ve never been to. You have an idea where you want to go but you have no idea of