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Trends helping fashion retail SMEs scale up

Trends helping fashion retail SMEs scale up

23/08/2019 - 10:54
Retail is going through change along with the rest of the digital world - but it’s one of those touchy-feely zones, where online does not always size-up to an actual shopping experience.  read more
Is it blowing hot or cold for SMEs in the food & beverage sector?

Is it blowing hot or cold for SMEs in the food & beverage sector?

23/08/2019 - 09:45
The food and beverage sector is an integral part of South Africa’s hard-working economy – and widely known as a popular and competitive space. It’s all in a day’s work where new-age urban pop-ups serving high-quality fast cuisine to foodies, compete with trendy side cafes for customers in a fast-paced world. This can all seem a bit of a bun fight as merchants find the need to be innovative in order to stay ‘in demand’. read more
Why equipment finance makes sense for your SME

Why equipment finance makes sense for your SME

15/08/2019 - 15:26
Every business, be it in retail, agriculture, and even tech, simply cannot operate without the necessary equipment to run their operations. Equipment can be costly, and that is why equipment finance for small businesses appeals to most small-medium business owners.  read more
#WomensMonth: Supporting SA's women in business

#WomensMonth: Supporting SA's women in business

06/08/2019 - 10:54
The Mastercard Index of Women Entrepreneurs report revealed that in South Africa women in early-stage entrepreneurial activity dropped by 15.7% in 2018. This essentially means that only 18.8% of business owners are female in the country, compared to 46.4% in Ghana, which is ranked as the country with the highest women-led companies in the report. This number can be turned around, should the right support be provided to aspiring female entrepreneurs.  read more
How SME's can switch to digital to survive

How SME's can switch to digital to survive

04/06/2019 - 11:20
As an SME, you understand all too well that digital has become the cornerstone of doing business today. With technology permeating every facet of an organisation, irrespective of size or industry sector, you must embrace it or risk losing momentum against competitors. read more
Digital disruption is coming for SMEs

Digital disruption is coming for SMEs

31/05/2019 - 09:12
According to new research by Ricoh South Africa, small and medium-sized businesses (SMEs) are in danger of failing if they don’t adapt to digital disruption, regulatory requirements and the economic shifts that are fundamentally changing their markets.  read more
Tips for small business owners to survive load-shedding

Tips for small business owners to survive load-shedding

20/03/2019 - 09:36
With small businesses already dealing with hikes in VAT and petrol, coupled with decreased consumer spending, load-shedding is a bridge too far, particularly for restauranteurs. read more
Pick n Pay launches dedicated space in-store to showcase its local small suppliers

Pick n Pay launches dedicated space in-store to showcase its local small suppliers

11/03/2019 - 13:51
Pick n Pay has introduced dedicated shop space to promote local South African products, produced by small businesses, to customers. The ‘Meet the Maker’ showcase will be trialled in eight stores across the country over a three-month period.  read more
2019 National Budget speech: Five positive, key take outs for local SMEs

2019 National Budget speech: Five positive, key take outs for local SMEs

21/02/2019 - 08:33
Finance Minister Tito Mboweni referenced the private sector as the key engine for job creation in his National Budget speech. Ben Bierman, MD of Business Partners Limited, fully supports this statement, and says that there are five key take-outs that local small and medium enterprises (SMEs) will benefit from:  read more
Woolworths to donate profits from baby carriers and pay back Ubuntu Baba

Woolworths to donate profits from baby carriers and pay back Ubuntu Baba

11/02/2019 - 15:10
Woolworths will not be keeping the profits it made from the sale of baby carriers similar to those of a Cape Town-based small business, Ubuntu Baba. read more
Retail SMEs to embrace e-commerce

Retail SMEs to embrace e-commerce

31/01/2019 - 13:53
A forecast by World Wide Worx shows that online retail sales figures in South Africa are expected to more than double from 2016 to almost R20-billion by 2020. As such, South African small and medium enterprises (SMEs) operating in the retail sector should start to consider entering into the e-commerce space – an industry poised for growth as millennials and digital Generation Z, who have been dubbed digital natives, begin to make up an increasingly large portion of consumers.  read more
Woolworths acknowledges 'striking similarities' with Ubuntu Baba carrier, removes product from stores

Woolworths acknowledges 'striking similarities' with Ubuntu Baba carrier, removes product from stores

09/01/2019 - 15:40
Woolworths has said it will remove the baby carrier product from its stores, following a meeting with a business owner who claimed the retailer had copied her idea. read more
Affiliate marketing in numbers: What is it?

Affiliate marketing in numbers: What is it?

18/12/2018 - 11:37
Affiliate marketing is a great way to connect with other companies and brands to establish a mutually beneficial relationship. It's a great way to monetize your website and earn a few extra bucks easily. Affiliate marketing uses website traffic from one website to generate clicks and sales for the affiliate brand. The site who posts the affiliate link will then get a percentage of the income generated from those clicks and sales.  read more
5 effective training tips for startups

5 effective training tips for startups

29/10/2018 - 09:58
While the general consensus of a running a startup is that business owners are open to trial and error, unfortunately, you cannot afford to have the same mindset with your employees. You need to hire employees who already have valuable experience, and the rest, well, it can be learned.  read more
Reasons for your small business to consider automation

Reasons for your small business to consider automation

16/10/2018 - 08:42
In recent years, automation has been on the tip of many business owners’ tongues. While it’s certainly a big corporate buzzword, there is a good reason behind it. Thanks to the latest digital innovations, automation can save your startup plenty of time and money.  read more
Why SMEs should outsource customer service to boost their bottom line

Why SMEs should outsource customer service to boost their bottom line

01/10/2018 - 09:03
With ongoing advancements in technology, it’s a priority for small business owners to adopt a digital mindset. Based on where the market is headed, the future of customer service is artificial and extremely intelligent. If you’re not will to adapt to digital transformation, your business is going to struggle to survive. read more
Enabling Generation Z to drive entrepreneurship in South Africa

Enabling Generation Z to drive entrepreneurship in South Africa

13/06/2018 - 09:53
According to the latest research by Statistics South Africa, youth unemployment in the country stands at a disappointing 52,4% for the first quarter of 2018. This number could, however, be minimised if the public and private sector join forces to build a supportive entrepreneurial ecosystem for the younger generation, which statistics show are more open-minded to entrepreneurship as a career choice than generations before them.  read more
SME’S to hit hard times for remainder of 2018

SME’S to hit hard times for remainder of 2018

12/06/2018 - 10:46
It has been revealed that, in the first quarter of 2018, South Africa’s economy has shrunk by a shocking 2.2% - the largest quarterly drop since the financial crisis. Coupled with the fact that 70% to 80% of small businesses fail within their first five years, this means that SME's will need to work even harder now to ensure their survival for the long term. read more
Adopting sustainability strategies can boost SA SME's

Adopting sustainability strategies can boost SA SME's

11/05/2018 - 14:42
Many startups and small and medium-sized enterprise (SME) owners in South Africa believe that sustainability strategies are only relevant to large corporates, but there are many advantages to making sustainability the foundation of any new business.  read more
SME’s capitalising on ‘Cyril Spring’ by investing, taking more risks

SME’s capitalising on ‘Cyril Spring’ by investing, taking more risks

10/04/2018 - 14:04
It’s already shaping up to be an excellent year for the SME sector, despite South Africa’s recessionary state. This is, in part, owing to increased positivity in the sector since the appointment of President Cyril Ramaphosa.  read more
Direct selling sector ticks some key budget boxes

Direct selling sector ticks some key budget boxes

13/03/2018 - 09:47
In delivering the budget, the finance minister played the best of a bad hand, but the ace was his focus on the critical role that small businesses and entrepreneurs need to play in facilitating growth by creating income opportunities. read more
Budget speech commentary for SME sector: Crisis in credibility

Budget speech commentary for SME sector: Crisis in credibility

25/10/2017 - 10:00
Today’s budget speech has been sorely lacking and the SME sector will be feeling disappointed about the absence of any real plans to improve support for this critical sector. Karl Westvig, CEO of Retail Capital has the following commentary:  read more
SMEs need supportive policies and finance solutions to reduce SA’s unemployment

SMEs need supportive policies and finance solutions to reduce SA’s unemployment

20/10/2017 - 10:14
Ahead of the mid-term budget speech later this month many will be hoping for improved SME financing and legislative support. Small business owners and entrepreneurs have a significant role to play in combating unemployment in South Africa, making the sector integral to our development and economic growth mandate.  read more
SA’s growth engines feeling the weight of economic strain

SA’s growth engines feeling the weight of economic strain

25/09/2017 - 09:44
Business confidence indicators plummeted further in the second quarter of this year as the South African macroeconomic environment remains dire, resulting in increased pressure on small and medium enterprises (SMEs) and their ability to deliver as one of South Africa’s leading growth engines. read more
How South African businesses can embrace the tech revolution

How South African businesses can embrace the tech revolution

15/05/2017 - 11:43
The Fourth Industrial Revolution was a hot topic at the recent World Economic Forum in Davos and more recently WEF Africa in Durban. But what does a technology-driven revolution mean for local entrepreneurs and the local small business environment?  read more
SA SMEs can expect light in 2017 after dark 2016 tunnel

SA SMEs can expect light in 2017 after dark 2016 tunnel

23/01/2017 - 12:32
Business Partners Limited outlook for SMEs in 2017 read more
Small-business owners less confident about SA’s economy

Small-business owners less confident about SA’s economy

17/10/2016 - 09:56
Confidence in SA’s economy and the ability to grow businesses fell slightly in the third quarter compared with the second, a survey of small and medium-sized business owners showed on Thursday. read more