planning your business success

Checklist: Plan for your business success

It’s no secret that in order to succeed in life, there has to be some sort of plan. This obviously applies to business success as well. In fact, I would even go so far...

Business owner: Ways to pay yourself

There are four ways that the owner of a company can take money out of their business, and all four have different tax implications. When you become a small business owner, one of the most...
business mentors

Business mentors volunteer to help struggling entrepreneurs

Business mentors are now available to entrepreneurs on the Mentor Hotline, a unique platform that was developed by SME growth specialists Fetola, in collaboration with FNB, to give South African entrepreneurs instant access to...
young entrepreneurs

How young entrepreneurs can find inspiration

As President Ramaphosa noted in a recent newsletter to the nation, young entrepreneurs are finding the "silver lining to the dark COVID-19 cloud". Indeed, even at this dark hour for the world economy, opportunities abound...
Franc

Franc – A startup that believes investing is for everyone

There is this notion that investing is only for the rich, but the idea couldn't be further from the truth. Enter Franc.app - an investment app that was conceptualised in 2018 when an engineer,...
bookkeeper and accountant

It’s vital to have the right bookkeeper and accountant by your side

In my field, it is disconcerting how many business owners I meet on a daily basis that don’t have the right bookkeeper or accountant in place, and are now paying the price. And I...
disrupt an industry

Can your business disrupt an industry?

3 Questions to evaluate whether a startup can live up to the hype and disrupt an industry. Over the past few years, digital native companies like Uber, Amazon, and Airbnb have redefined the rules of...
best time to start a business

The best time to start a business is right now. Here’s why

Every day, across the country, men and women dream about starting their own businesses. They have an idea, they want to be their own boss, they’re tired of corporate life, or they want to...
financial terms

Financial terms you simply must know and understand

Not every entrepreneur is a financial guru, and many financial duties can be delegated to the right employee or be outsourced. But here's the thing though: As a business owner there are certain financial...
business partner

Go it alone, or get a business partner?

Being a solo-entrepreneur can be a lonely journey, but is that a good enough reason to go into a partnership? Here are some pros and cons to consider. One of the things that most start-up...

7 Essential agreements for any start-up

Launching your business? There are essential legal agreements in place that every business should have, right from the outset.  While it can be tempting for founders to jump straight into the practical aspects of making...

How to effectively run a home office

Tough economic times have resulted in many South Africans looking for new ways to cut back on monthly expenses. SMEs are feeling the pinch, which is why giving up rented offices and opting to...

The basics (and importance) of a business plan

One of the most important (and often forgotten about) documents that you will need to start a new business is a solid business plan. It is also serves as a guide in any stage...

The tax benefits to working from home

We live in the age of remote working and the trend is set to increase over the years. If you are wondering if there are any tax benefits that can be claimed if you work...
Pitching tips

Pitching tips: working the room

At the Engen Pitch & Polish competition and workshops, entrants get the opportunity to present their businesses. Bearing these pitching tips in mind will benefit entrepreneurs who need to pitch their ideas or businesses...