Free Market Research (Volume 3): Planning to Enter the Luxury Travel Industry? Here are some Interesting Facts…

Tourism in South Africa contributed 1.5 million jobs and R425.8 billion to the economy in 2018, making it the largest tourism economy in Africa, according to the World Travel and Tourism Council’s (WTTC) annual review of the economic impact and social importance of the sector released today. The 2018 research shows that the South Africa

Free Market Research (Volume 2): Planning To Enter The General Building Contractor Industry? Here Are Some Interesting Facts…

The South African Cement, Lime and Plastering Industry: The South African cement industry has an installed capacity of over 20 million tons per annum and employs some 16,000 people. A lack of large infrastructure projects and low business confidence has resulted in continued declines in demand for cement products. Industry stakeholders forecast that the current oversupply

Free Market Research (Volume 1): Planning To Enter The Food Delivery Industry? Here Are Some Interesting Facts…

Across the world, people are ordering dinner to the Eiffel Tower, breakfast on Bondi Beach, lunch alongside the Tokyo Imperial Palace and picnics to Emmarentia Dam. The explosion in app-based food ordering is still relatively new and, although many people feel guilty about ordering in, it’s a trend that is not going away any time soon.

Are You Afraid Of Failing In Your Business? Don’t Be! I Failed Too…

In our society, failure has become some sort of an unmentionable occurrence. None of us likes to talk about it. But we all know it’s there. Scrolling through articles, social media posts, etc. we look at other “successful entrepreneurs” and immediately these images and narrative invites us with the allure of ample time and freedom

Cash Is King, Queen, Jack… In Fact, The Whole Deck of Cards

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

Why Do Millennials Choose Entrepreneurship?

You already know who Millennials are: people born between 1982 and 2000. But who are Millennipreneurs? They may not be small business owners yet, but entrepreneurship plays a significant role in their lives. According to a survey of millennials by EY and Economic Innovation Group, 78% consider entrepreneurs successful, and 62% have considered starting their own

Starting Versus Buying A Business. Which Option Is Best?

Before I start off, let me be upfront by saying, 99% of would-be entrepreneurs out there do not have the funds to buy an existing business. But, in an ideal world, if you do have the funding available, it would be worthwhile to look at the reasons why buying a business is an easier path

Planning To Enter The Petroleum Industry? Here Are Some Interesting Facts…

The South African petroleum industry is still in its beginning stages, even though the history of the industry dates to the 1940s. For the first 20 years of the industry, almost zero development took place, except for light exploratory efforts. Then, after less than a decade of international development, another period of almost 20 years

Are You Entering The Craft Soda Market? Here’s Some Free Market And Industry Insights

The Global Craft Soda Market Size was valued at USD537.9 million in 2016. Rising population in developing countries along with the increasing consumer disposable income is expected to have a positive effect on the product industry in the coming years. Moreover, the growing health concerns and raising awareness regarding the use of organic products are

8 Things You Should Never Ever, Ever Say To An Investor

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, rarely do it. When you approach potential investors to invest in your new company, you should avoid certain expressions. They are traps that make you look weak or dig

What Are The Duties Of A CEO

Tune in to any business channel or podcast, whether online or TV and chances are that you’ll see an interview with a CEO. If I mention the word CEO, what’s the first thing that comes to mind? For some people, a superhero with incredible creativity and panache (think Jeff Bezos and Steve Jobs). For others,

Starting a Business? Here’s the 8 Traits of Successful Entrepreneurs

Today, there is no one particular way to become successful. Today’s youth is not begging for jobs, but creating jobs and if you are on a mission to serve the millions, entrepreneurship is your destiny. But destiny needs to be built, one day at a time. So how do you plan to accomplish your goals