SimplyBiz Admin
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About SimplyBiz®
Welcome to SimplyBiz®, a resource, support and network centre for small-business owners. SimplyBiz® is a digital platform powered by Nedbank. It aims to offer relevant support for small businesses ...
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Copy cat competitors, threat or flattery
If you’re the philosophical type it’s easier to accept the proverb: Imitation is the sincerest form of flattery. As a small business owner, however, it is more difficult to accept this line of re...
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Getting affordable legal assistance
Anecdotal evidence suggests that South Africans are not necessarily excessively litigious compared to their peers around the world. That being said, local small business owners may still find the...
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Top 5 business threats you must be aware of
The threat from targeted attacks: Today the Internet is part of nearly every aspect of life. Our dependence on it means that we’re susceptible to attacks of all kinds - cyber-theft, cyber-e...
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What is a business plan and why do I need one
A business plan precisely defines your venture, identifies your goals, and serves as your firm's resume. It helps you effectively allocate resources, handle unforeseen complications, and it guide...
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Business contracts
Small business owners may shy away from formal contracts of any kind, preferring the informality of verbal or electronic (e.g. e-mail) agreements. The advantages of this are less bureaucracy and ...
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Corporate governance Part 1
The term corporate governance is one usually associated with large, established businesses but is a concept that growing and high potential small businesses ignore at their peril. This danger is ...
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Would a partner make it easier to be successful?
QUICK THOUGHTS: A business partner does not guarantee success. If you require additional management skills or start-up capital, engaging a partner may be your best decision. Personality and cha...
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Securing your organisation
Organizations need to start by playing a game of ‘what if’. That is, they should conduct a thorough risk assessment that looks at: (a) all the risks the business faces, (b) how security might be ...