The Corporate Affairs Commission has taken company registration to the next level. The new online registration system has greatly improved efficiency such that a week is more than enough to register a business name or limited company. Here is how you can now incorporate your company by yourself using the CAC online service: 1: Do…
#1. Set Financial Goals As an entrepreneur it is very important for you to develop clear financial goals – short-term, medium-term and long-term. Consider what financial milestones you want to hit in six months, a year, 5 years and 10 years from now, and write them all down. Setting financial goals helps to guide and…
A great small business always starts out as an idea, but you have to transform that idea into action. That’s where many individuals can start to feel overwhelmed. It’s understandable to freeze up at the deluge of things that are required to get a business started, but getting going is actually easier than you might think.…
Most companies seem to be large amounts of data these days. The projection is that 40 zetta bytes will be created by 2020. Regardless of whether you are B2C or B2B company, data is relevant to the overall working of your business. Not only does it help you accurately target prospects, but helps address privacy…
When you first set up your business and decided that you were going to sell things to customers, you probably started thinking about the costs that were going to have to go into a store. You will have to find the location and build it, hire employees and manage them. You will have to make…
I often speak to groups of small business owners and I keep hearing the same comment over and over again with many of them saying that marketers don’t matter or marketing doesn’t matter anymore. There are many reasons I’ve heard as to why marketing doesn’t matter: “all my business comes by referral,” “I never spent money on…
The right business partners are hard to come by. Some are motivated to get the job done, while others lack what it takes to take a company to the next level. Business partners are important because they can help you share the load of running a successful company. However, you must be careful when you…
Every entrepreneur can use some advice when it comes to making sure their business startup gets off on the right foot. From the best way to run your business to following your dreams, these tips offer sound recommendations that can help your business startup maintain its operations and find success at every turn. Sure, your…
Business expansion is when a business reaches a certain level of growth and looks for new ways to increase the profit of that business. Different forms of business expansion include: • Opening a new location • Adding sales employees • Increasing the marketing • Adding franchisees • Offering new products or services • Entering new…
Being an entrepreneur you will soon realize the limitations of time available each day to get things done. On the other hand you will have a countless list of things to do and accomplish. Getting all your tasks done efficiently and in time can be overwhelming. It is hence, imperative that you find ways to…