10 Startup Mistakes to Avoid in 2021 Startup mistakes, although common, is avoidable. So you have decided to start a business. You have an idea. Let’s say you want to be a carpenter. You print some brochures, some business cards, and take out an ad in your local community newspaper. You pay R15,000 for a
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
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
Your Guide to Finding the Right Business Plan Writer. Writing a business plan is time-consuming, but it’s essential if you want to have a successful business that’s going to survive the startup phase. If your business doesn’t have one, maybe it’s time to start writing it. The process of writing a business plan can do
Do you have the Best Business Plan? The Best Business Plan is in your hands. You applied for capital funding. Then why is your Business Plan rejected? Despite having a great idea for a new product or cutting-edge service, many aspiring business owners find themselves asking, “Am I ready?” Considering just how much there is
Finding a Business Plan Consultant in South Africa. They range from fly-by-nights that want to make a quick Rand to reputable entities that write Business Plans for a living. Everyone knows the saying that there are only two things of which we are certain in life: “In this world nothing is certain but death and
Product and service ideas ideally morph into profitable business ideas. Creating great new business ideas is not a very difficult task to overcome, but what if you do not have a creative bone in your body? The next time you are struggling to come up with a new idea, try the following: 1.) Shopping: Next
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
Turnover is Vanity. Profit is Sanity. But Cash is King. Most of us are familiar with the saying. Cash flow management is the key to success for many new and growing small businesses. Cash is the fuel that makes any new business work; hence, these businesses should be managed with a primary focus on cash/cash
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 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,
Deciding on a business name and logo is one of the most important things you’ll do. When you choose a name and logo for your business you are also choosing an identity. Get your family, friends and/or colleagues together for a business name brainstorming session. Your business name must be memorable – but easy to pronounce and spell: Your