| 5 ways to add supplementary revenue streams to your business | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/5-ways-to-add-supplementary-revenue-streams-to-your-business | 5 ways to add supplementary revenue streams to your business | One thing that the COVID-19 crisis has definitely taught business owners, is that the diversification of revenue streams is crucial to long-term commercial sustainability. This is because, by never relying solely on one product, market or service, the risk of failure is spread and thus reduced significantly. After all, you never know when one of these streams will suddenly stop flowing – or be blocked – amid a new iteration of lockdown regulations. | 2020/07/22 10:00:00 PM | | |
| Four ways to adapt your business to a brave new world | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/four-ways-to-adapt-your-business-to-a-brave-new-world | Four ways to adapt your business to a brave new world | The global COVID-19 pandemic and the ensuing nationwide lockdown meant that many South African businesses experienced disruptions on an unprecedented scale. Now, as the country gradually exits lockdown and prepares to return to full production, we are faced with the realisation that the pandemic has irrevocably changed many aspects of our lives. Instead of returning to normal, it is becoming increasingly clear that businesses are going to need to adapt to a new set of challenges and circumstances. | 2020/07/22 10:00:00 PM | | |
| Five ways SMEs can save this savings month | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/five-ways-smes-can-save-this-savings-month | Five ways SMEs can save this savings month | Generally speaking, small and medium enterprises (SMEs) have two options when it comes to bolstering business profits – either increase sales or cut back on costs. While more effort is usually applied to the first option for obvious commercial reasons, the reality is that sales can be heavily impacted by external forces – as we’ve seen recently with the national COVID-19 lockdown. | 2020/07/21 10:00:00 PM | | |
| Nine tools for business owners to tackle the uncertainties of the Covid crisis | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/nine-tools-for-business-owners-to-tackle-the-uncertainties-of-the-covid-crisis | Nine tools for business owners to tackle the uncertainties of the Covid crisis | The only certainty about the unprecedented Covid-19 crisis is that the world will be quite different once the pandemic and the different levels of lockdown pass - and that includes your town, your community, your industry and your business, says Jeremy Lang, regional general manager of Business Partners Limited. | 2020/05/11 10:00:00 PM | | |
| The planning business owner’s guide to budgeting | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/the-planning-business-owner’s-guide-to-budgeting | The planning business owner’s guide to budgeting | Business owners are doers, and so tend to neglect formal business plans and processes in favour of action and intuition. Often an annual budget, if it is drawn up at all, is simply last year’s income statement with an inflation adjustment. | 2020/02/24 10:00:00 PM | | |
| Tips for business recovery after the festive season | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/tips-for-business-recovery-after-the-festive-season | Tips for business recovery after the festive season | For most businesses, the festive season at the end of each year is a feast or famine affair. Either they experience their busiest month in the run-up to Christmas, or things go very quiet as clients leave on holiday. Either way, almost all businesses experience the festive season as a disruption of sorts that can easily throw them off balance.
Arnold February, regional investment manager at Business Partners Limited, offers the following tips on how best to help your business recover after the festive season. | 2020/01/19 10:00:00 PM | | |
| Nine tips to get your business ready for the peak season | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/nine-tips-to-get-your-business-ready-for-the-peak-season | Nine tips to get your business ready for the peak season | The busy season in the tourism industry - or any other industry with a sharp seasonal fluctuation - can be an exhilarating time, giving business owners an opportunity to see all the pistons of their business firing and the harvest rolling in. | 2019/10/23 10:00:00 PM | | |
| Eight tips to protect your business from cyber attacks | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/eight-tips-to-protect-your-business-from-cyber-attacks | Eight tips to protect your business from cyber attacks | The false impression that cyber-attacks are aimed solely at large organisation is understandable. It is only the big data breaches that reach the news, says Jeremy Lang, regional general manager at Business Partners Limited. | 2018/10/29 10:00:00 PM | | |
| New Year resolutions checklist for entrepreneurs | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/new-year-resolutions-checklist-for-entrepreneurs | New Year resolutions checklist for entrepreneurs | The beginning of a year is infamous for all types of aspirational New Year’s resolutions. However, the number of gym routines and diets that are abandoned by the first week of February are enough to make anyone cynical about these resolutions. | 2018/02/04 10:00:00 PM | | |
| Year planning too important to end up in the bottom drawer | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/year-planning-too-important-to-end-up-in-the-bottom-drawer | Year planning too important to end up in the bottom drawer | In the current slow-growth economic conditions, business owners are either going to win market share, or have market share taken away from them, says Jeremy Lang, regional general manager at Business Partners Limited. | 2018/02/04 10:00:00 PM | | |
| Ten-point checklist for prospective property investors | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/ten-point-checklist-for-prospective-property-investors | Ten-point checklist for prospective property investors | The current economic environment in South Africa poses both opportunities and dangers for business owners who want to buy investment properties, says Stanton Naidoo, property management COO at Business Partners Limited. | 2017/11/29 10:00:00 PM | | |
| Nine tips for handling the seasonality of your business cycle | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/nine-tips-for-handling-the-seasonality-of-your-business-cycle | Nine tips for handling the seasonality of your business cycle | Very few industries are immune to the ups and downs of annual fluctuations, and most entrepreneurs have experienced the dread of a silent telephone or empty inbox as the lean season kicks in. | 2017/09/28 10:00:00 PM | | |
| Ten tips for increasing diversity in your workplace | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/ten-tips-for-increasing-diversity-in-your-workplace | Ten tips for increasing diversity in your workplace | When businesses start up, they are often small, tightly-knit groups of pioneers that come from the same background, even from the same family. This works very well in the early survival stages of a venture, but as soon as the business reaches a more stable post-survival growth phase, the founders have the opportunity to look around a bit more widely, and to diversify their workforce. | 2017/08/29 10:00:00 PM | | |
| Fifteen essential tips for starting your own business | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/fifteen-essential-tips-for-starting-your-own-business | Fifteen essential tips for starting your own business | Petro Bothma has seen many start-ups come and go during her three decades at Business Partners Limited, most recently as head of enterprise development and non-financial support. She compiled the following essential tips for anyone thinking about starting their own business: | 2017/06/29 10:00:00 PM | | |
| Pitching your idea to potential funders | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/pitching-your-idea-to-potential-funders | Pitching your idea to potential funders | Before you approach the bank or other form of financier to fund your start-up or business expansion, you need to be sure that you've done your research and have confidence in your Business Plan. | 2017/04/02 10:00:00 PM | | |
| Ten ways to improve your planning for the year ahead | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/ten-ways-to-improve-your-planning-for-the-year-ahead | Ten ways to improve your planning for the year ahead | Each entrepreneur has his or her own style of planning, but not all of them are equally good at it. Anton Roelofse, regional general manager of Business Partners Limited, believes entrepreneurs can and should constantly try to improve their planning process. Here are ten ways in which to become better at planning for the year ahead: | 2017/02/23 10:00:00 PM | | |
| Ten ways to hone your delegating skills | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/ten-ways-to-hone-your-delegating-skills | Ten ways to hone your delegating skills | The ability to delegate is as crucial to business owners as planning, selling and prioritisation skills. Without it, the business will always remain in the realm of the freelancer – small, stagnant and wholly dependent on one person, says Gugu Mjadu, executive general manager of marketing at Business Partners Limited. She offers ten tips on how business owners can hone their delegation skills | 2016/12/13 10:00:00 PM | | |
| Becoming a mentor | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/becoming-a-mentor | Becoming a mentor | If you are a veteran in the SME sector, are running a very successful business or just feel you have something to offer a budding entrepreneur, you may consider becoming a mentor. Let's look at the characteristics of a good business mentor | 2016/11/15 10:00:00 PM | | |
| Ten ways to counter dead-season anxiety | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/ten-ways-to-counter-dead-season-anxiety | Ten ways to counter dead-season anxiety | It is not surprising that many business owners in seasonal industries such as tourism call the quiet months of the year the dead season. There are many reasons why they often view it with dead revenue dries up, staff whittle away and expensive business assets stand idle. | 2016/09/26 10:00:00 PM | | |
| Tourism associations and organisations | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/tourism-associations-and-organisations | Tourism associations and organisations | There are various organisations and associations that look after the interests of small businesses; helping entrepreneurs get off their feet and providing insight into the industry. These organisations also regulate the tourism industry and how it is operated. | 2016/09/21 10:00:00 PM | | |
| Thinking of becoming a mom entrepreneur? | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/thinking-of-becoming-a-mom-entrepreneur | Thinking of becoming a mom entrepreneur? | Many mothers are hesitant to become entrepreneurs because they are afraid of the many risks involved and that it will do their family life more harm than good. These are valid concerns, but there are also good reasons for why starting a business may do exactly the opposite. | 2016/08/23 10:00:00 PM | | |
| Ten start-up pitfalls, and how young entrepreneurs can avoid them | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/ten-start-up-pitfalls-and-how-young-entrepreneurs-can-avoid-them | Ten start-up pitfalls, and how young entrepreneurs can avoid them | Starting and growing your own business is potentially an immensely enriching career path for a young person to choose, not only financially, but also mentally and socially. While entrepreneurship is an exciting career, entrepreneurs, particularly the youth, also need to be aware that it is a difficult path. | 2016/06/26 10:00:00 PM | | |
| Six ways for businesses to become pillars of the community | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/six-ways-for-businesses-to-become-pillars-of-the-community | Six ways for businesses to become pillars of the community | Many businesses make a point of giving, from sponsoring sports gear to donating goods to a nearby charity. By helping out in this way, the thinking goes, the business fosters goodwill and loyalty in the community. | 2016/02/23 10:00:00 PM | | |
| What makes entrepreneurs go the distance? | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/what-makes-entrepreneurs-go-the-distance | What makes entrepreneurs go the distance? | Building your own business is not a sprint, but a marathon, with hills, headwinds, heat and dust. Those who succeed are not necessarily the fastest or the strongest. The successful ones are those who are able to endure. | 2016/01/28 10:00:00 PM | | |
| Ten rules for entrepreneurs to live by | | https://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/top-tips-and-blogs/ten-rules-for-entrepreneurs-to-live-by | Ten rules for entrepreneurs to live by | The life of an entrepreneur is different from those that are employed in a 9-to-5 job in many ways – one of which is the extra challenges and stress entrepreneurs experience with managing and being solely responsible for their own business. | 2015/12/06 10:00:00 PM | | |
