Coffee Industry Focus: Want To Open A Coffee Shop?

For many consumers across South Africa, their morning ritual will not be complete without a cup of coffee: at home, on-the-go or during a business meeting at an upmarket pavement café. Coffee is the second most consumed beverage in the world after water. It is, however, significantly more than just a beverage. In fact, it

investors

The Top 10 Questions That Investors Will Ask You When You Present Your Business Plan

Entrepreneurs need to be prepared when pitching their start-up companies to investors by anticipating the questions they will receive. Presenting to potential investors will involve as little as 10 questions and as much as 100 questions. We have focused on the Top 10 Most Common and Most Difficult Questions that entrepreneurs can expect when presenting

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.

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

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

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

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

Failure of Businesses in South Africa is No Joke!

The failure of new and existing South African businesses is a topic that has been discussed and debated for years. According to a study by The Small Enterprise Development Agency (SEDA: 2007), a subsidiary of The Department of Trade and Industry, South Africa has one of the highest failure rates of new SMEs in the

Start-Up Basics 101: Estimating Your Start-Up Costs

Starting a business is a bit like moving into a new house – you are usually well prepared for the obvious expenses, but the hidden extras can break the bank. During the start-up phase of a small business, the business owner needs funds for once-off costs as well as at least six months of working

Calling All Graduates, School Leavers And Youngsters

Where do Graduates go from here? So, you’ve completed another exam period and are now eagerly awaiting the results of your efforts. Will you pass Matric or perhaps complete that degree? Whatever your personal circumstances, chances are you will join a group of young South African Graduates and School Leavers that are all faced with