With a clear map for the journey ahead, you’re ready to get on the road. According to Bloomberg (2013), 80% of small businesses fail within the first 18 months of operation, and the evidence suggests that poor financial practices are to blame. As an entrepreneur, this statistic can be seriously demotivating. But, if you […]
As of the 01st of December 2019, verified companies will be audited based on the newly amended BBBEE Code. These amendments highlight the governments’ emphasis on the country’s zero-tolerance policy around non-compliance. These B-BBEE Code amendments were proposed on the 31st of May 2019 and have looked to address outstanding issues and reduce Gazetting costs. […]
Creating an accurate and comprehensive business plan is the first step to creating a successful business. If you think you have a great business idea, an excellent way to determine whether your idea can work or not is to create a business plan. Creating a business plan requires you to research the market, whether or […]