Poultry Industry Focus: Free Market Research To Help Emerging Poultry Farmers

The poultry industry consists of three separate sectors: (1) The day-old chick supply industry (2) The broiler industry, and (3) The egg industry. Overview: Broiler chickens are raised for meat i.e. fresh, frozen or value added (e.g. chicken fingers, saucy steaklets or polony). Egg layers or dual-purpose chickens are used for the production of eggs (they are lighter in weight

What Is The Point Of A Financial Model?

Short and simple answer… To tell the story about your business with math. A great financial model isn’t just a spreadsheet: it’s an outline of your fundamental business model that can be used to understand your business. A lot of stakeholders tend to say that financial models are irrelevant for start-up companies. I agree that financial

Personal Branding Mistakes To Avoid

Consumers now more than ever feel they need a stronger connection with the companies they engage in business. Branding and business representation are imperative in today’s market.  How you come across and are perceived are more important than just a logo and a tag line. There’s no denying consumers crave a deeper connection with the

Managing Your Business Through Tough And Uncertain Economic Times

Uncertainty, especially economic uncertainty remains at the top of mind for most South African businesses. Perhaps now is an ideal time to look at ways you can successfully manage your business through these uncertain times. When times are good and product is moving, companies can run a little blind. It is not unusual to discover

Craft Beer Industry Focus: So You Want To Start A Craft Brewery?

We deal with hundreds of clients every year that are planning to start a new business. One of the major headaches most of our clients face is the lack of reliable, up-to-date, and available market research into the industry and market they wish to enter. Fortunately, an integral part of JTB Consulting’s Solution is the

A Mentor For Your Business … Is It Really Necessary?

An entrepreneur’s life is tough and unpredictable. Often, you are faced with many doubts, fears, and challenges. At times, you even find yourself moving from challenge to challenge, and perhaps facing another problem just as you resolved an earlier problem. Against this backdrop, having a mentor on board your business venture can benefit you enormously.

Are You Afraid Of ‘Con-Artists’ And ‘Scam Consultants’ Operating In South Africa?

Dear Entrepreneur and Business Owner, Having a new business idea is great! But, without a business plan, or using a generic cookie cutter business plan template, a business is essentially rudderless, and day-to-day activities are likely to be haphazard and reactive. Unfortunately, there are a number of “Business Plan Consultants” that promise the world when

Customer Service: The True Cost Of Bad Service In South Africa

Customer service is a term that most companies reflect in their mission statements, yet, exceptional customer service is arguably one of the concepts that is seldom experienced by customers. Customer service – to thousands of employees and employers in South Africa – is as foreign a term as trying to read and understand hieroglyphics. From receiving

8 Startup Funding Mistakes To Avoid As Far As Possible

Startup companies are faced with many challenges, and one of these are securing funding. Securing and managing funding can be one of the most exciting – and nerve wracking – parts of being an entrepreneur. Often, the financial and legal implications may seem overwhelming. But don’t be afraid. You don’t need to be a lawyer

Marketing For The Busy Business Owner

Marketing is an integral part of your small business operations. Is there one magic formula that will take the effort out of marketing and bring you all the clients you need, forever? No! Business owners that search for that elusive marketing unicorn will agree that it is a daunting task. They read articles and books,

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