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Articles

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  • The hidden dangers of writing a business plan

    Vincent Joyner has a sobering perspective on business plans for young entrepreneurs: they don't work. "Research indicates that young people - under the age of 35 years or so - who do a business p...

  • 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...

  • 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...

  • Just-in-Time inventory management

    Just-In-Time (JIT) is an inventory management strategy used by manufacturers. Goods are received only as they are needed in the production process, reducing waste and increasing efficiency. The b...

  • Get everything done by doing less

    Small business owners often subscribe to this philosophy: “If you want something done right, you have to do it yourself.” This mantra is only half true. To get everything your business needs done...

  • Business scams – don’t be a victim

    Business scams or fraud take many different forms and can be perpetrated by people within the organizations (the small business owner, employees) and those outside it (e.g. suppliers, customers)....

  • Managing perceptions of risk Intellectual property

    Risk management is important for small business owners in order to help them identify risks that may prevent the business from growing and achieving its objectives, the likelihood of these risks ...

  • Options for medical aid cover in a small business

    The issue of whether and how to provide medical aid cover for employees is one that small business owners must tackle as the business grows and more employees are hired. Although it can be an at...

  • Successful Strategy Execution

    Small business owners often have different strategies in place for marketing, human resource management, pricing, IT and many other aspects of their business operations. The strategies can be exp...

  • Things that can kill your start-up

    Hunting sales whales: Sometimes it’s better to get your feet wet with smaller accounts. Don’t rush into projects that you don’t have the capacity to handle. Outside consultants: Be strategic when ...