SimplyBiz Admin
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Recent activity by SimplyBiz Admin-
Essential business plan elements to get funding
There is a popularly-held misconception that all you need to get funding is a good business plan. Entrepreneurs with even only a few months’ experience will agree that flogging that business pl...
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Small Business Taxes in SA
Given a choice, paying taxes and filing annual tax returns would be a thing of the past for many a business owner. The reality, however, is that formally registered small business owners must p...
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Reinvesting Profits: Pro’s and Cons
Achieving profitability is a significant milestone for many small business owners, who must then ask themselves, ‘Now what?’ What is to be done with the hard-won profits the small business owner ...
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Become a publicly listed company
Going public is a legitimate fundraising strategy for start-ups and established businesses alike. Small business owners should consider this route when a significan...
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Businesses should worry about bank card cloning
Mention the words ‘bank card fraud’ and chances are one conjures up images of distressed customers discovering unauthorized purchases or ATM cash withdrawals on their cards, wondering how it happ...
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5 tips for buying a business
Everybody loves a shortcut: an alternative route could, however, be littered with other, unseen hurdles. The very same applies when buying a business rather than starting something from scratch....
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Responding to suppliers price increases
Suppliers’ price increases should not be taken lightly by small business owners. Regardless of whether the increases are expected or not, a failure to respond to them appropriately can harm the s...
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Presenting ideas to potential investors
Do NDA's work? Excited entrepreneurs looking for funding, business partners or mentors may be tempted to share a lot of information relating to their planned or existing business. Operating fro...
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Reality check for entrepreneurs
So you've started your business, but you're really struggling to come to terms with how difficult it is. Those sales projections in your business plan are looking increasingly out of touch with t...
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Business versus personal finances
Small business owners (particularly one-man operations) may not see the need to separate their business and personal finances. During the early stages of the business, small business owners will ...