As business owners, people assume that we know everything there is to know about running a business. The truth is that an owner’s passion and skills are more likely to be in the creation of the product or service that they offer. That's why we’ve enlisted industry experts across various fields – helping you bridge knowledge gaps in areas such as accounting, law or marketing.
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Great idea- check. Potential customers- check. Now what? We outline below what the key steps are in starting a business as well as some useful resources. Many of these resources are listed on Entrihub, so be sure to be signed up and logged in to follow the links. Choosing a name First things first...
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An entrepreneur’s biggest hurdle Any entrepreneur will know that funding is usually the biggest challenge to overcome. For most entrepreneurs, the first step is to apply for a bank loan. More often than not, they get turned away because their business is too risky. But it doesn’t have ...
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Are you ready to make your business idea or side hustle official? First, have a look at some of the key considerations, when choosing the correct business form here. Once you are confident that a private company works best for you, you will need to register. The process of a registering may se...
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As an entrepreneur, there may come a time where you would need to approach an investor for funding. There is a myriad of funding options available but the next question you should be asking is "what will make them invest in my business?". Different investors have different criteria and fo...
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Choosing which bank to open an account with is a very important decision. Many Entrepreneurs may end up choosing the same bank that they bank with personally, but this isn’t necessarily the best option. That’s because the needs of your business and your personal needs are very diffe...
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Think of your business idea as an egg. You have high hopes that this egg will hatch into a beautiful and strong eagle that will soar to the highest levels of success. But… before the egg can hatch and grow into this majestic eagle, it needs to be nurtured and taught how to fly. Similarly, whi...
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Khanya Okumo, Enterprise and Supplier Development Specialist, sits down with Entri and talks Development Finance Institutions (DFIs) In this foreside chat, Khanya answers the following the questions: What is a DFI? What types of DFIs are there? Do DFIs fund specific industries only? Are all D...
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Lesley Mallon, founder of Think Social Media, chats to Entri about the importance of social media for small businesses. In this fireside chat, Lesley answers the following questions: How important is social media for SMEs? What are the pros and cons of having a social media presence? How shoul...
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Having a professional address and a landline for your business, are two key ways you can establish a presence in the market. However, spending a small fortune every month on elite office space is not a feasible option for most SMEs, particularly startups. It might also be a challenge to stick to a r...
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Tanaka (aka General) Mutakwa takes us through how his #nodaysoff brand started and tackles the following topics: Steps to take to start my own brand Techniques to raise brand awareness How to partner with media outlets when your brand is completely new. The value of research
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Nici Mancini, Founder of Purple Mosaic Design and Branding, sits down with Entri and talks Corporate Identity. In this fireside chat, Nici answers the following questions: Why is it important to have branding and CI How do I find my brand? What are the different elements in branding that I nee...
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Ashley Curran from Curran Attorneys, chats to Entri about the different legal forms of business. In this fireside chat, Ashley tackles the following questions: What are the different forms of business? What is a sole proprietorship? What is a partnership? How much does it cost to draw up a pa...
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Generating sales and turnover is great, but don’t be fooled as this does not equate to profitability. Lest we forget that we have expenses to pay before we can truly enjoy the fruits of our labour, A useful exercise to perform is to assess just how much sales you need to generate to cover your...
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Tashinga Mutakwa, founder of GreenBack Media Group, talks to Entri about balancing being a full time student and entrepreneur.
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Many of us have had at least one light-bulb moment where we come up with a dazzling business idea. In that moment, we are convinced the idea is fresh, brilliant and marketable. But chances are someone has already thought of it. So, before we dive head first into our business venture, we need to asse...
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Roben Hey, founder of Roben Hey Attorneys, sits with Entri and explains what strategies are available to struggling businesses. In this fireside chat, Roben touches on the following options: Liquidation Business rescue Turnaround
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written by Sibusiso Mqwati The thought of preparing and interpreting financial statements can be somewhat daunting to a small business owner with limited accounting experience. However, that should not be the case as accounting is a mere system that communicates a message about the finan...
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It takes a lot of courage to choose the path of an Entrepreneur. When you begin your business journey, you’re filled to the brim with exciting ideas – from strategies you can’t wait to implement, to creative ways to brand your company. These are all part of your adventure as an Ent...
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Steve Reid from the False Bay Centre of Entrepreneurship sits down with Entri and advises aspiring entrepreneurs on what to consider when starting a business In this fireside that, Steve relays 5 questions budding entrepreneurs should ask themselves, namely: What do you have? Who do you know? ...
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Why should we take the time out of our busy schedules to draw up a business plan- time that could be spent actually building our businesses? Well, mapping out your plan for your business forces you to think about various aspects of your business that you otherwise may not have before you jumped head...
