SME South Africa
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SME South Africa is an online business portal that provides strategic business content, tools and resources to enable SMEs to unlock their growth potential.
SME South Africa
6d ago
Getting taxes right is one of the most important parts of running a small business. It can also be a real challenge, as many business owners aren’t aware of all the tax obligations involved in managing a business.
However, managing taxes for your business can be a pretty straightforward process as long as you’re properly informed. To help you out, this guide covers the basics of tax obligations for South African SMEs.
Registering for Tax
When launching your small business in South Africa, it’s crucial to register for tax with the South African Revenue Service (SARS) within 21 business days o ..read more
SME South Africa
6d ago
Social media marketing is a vital part of running a small business. If you can make the most of your social media profiles, then you’ll be able to attract a lot more customers and generate far greater interest in your business.
However, with constantly changing trends and a lot of competition out there, getting social media right can be tricky. Here are a few key areas to focus on to make the most of social media for your small business.
Know Your Audience
The first step to social media success is understanding who you’re trying to reach. This will help you use the right platforms more effec ..read more
SME South Africa
1w ago
Careful financial management is one of the most important parts of running a small business.
Being profitable is not just about how much revenue your business brings in, but it’s about how well you’re able to control your finances. With an effective budget in place and the right financial management strategy, you can make your business a lot more sustainable and successful.
Here are some of the key steps involved in budgeting and managing finances for any small business.
In-Depth SME Financial Analysis
The first step to effective budgeting and financial management is to dive into the nitty-g ..read more
SME South Africa
2w ago
E-commerce is a fast-paced sector that’s always evolving. As technology develops, and as consumer habits change, the e-commerce landscape takes on new forms. As a South African SME, these changes offer many great opportunities.
Here are some of the main ways that small businesses can utilize the ever-changing e-commerce landscape to access greater business opportunities.
Market Access and Global Reach
E-commerce breaks down geographical barriers, enabling SMEs to access a global customer base.
In South Africa, where local retail markets may have limitations, online platforms offer a cost-eff ..read more
SME South Africa
2w ago
As a start-up, building the right network is an essential part of your growth. Networking opens up new business opportunities, it helps you gain valuable knowledge, ideas, and inspiration.
No matter what industry you’re in, focusing on building a strong network should be a priority from day one. To help you achieve this, here are eight strategies for building and maintaining an effective network.
1. Build a Strong Online Presence
Everything is online right now, so having a strong online presence is crucial for any startup.
Your website is the face of your business, providing a platform to sh ..read more
SME South Africa
2w ago
Are you inspired by the dedication, innovation, and resilience of small businesses in South Africa? Do you know a small business that deserves recognition for its outstanding contributions to its community and industry? Now is your chance to shine a spotlight on them by nominating them for the prestigious 702 Small Business Awards, proudly partnered with MTN Business!
Small businesses are the backbone of our economy, driving growth, creating jobs, and enriching our communities. Yet, often, their remarkable achievements go unnoticed. That’s why the 702 Small Business Awards, in collabora ..read more
SME South Africa
3w ago
One of the biggest things influencing businesses today is the ever-changing tech landscape.
New tech solutions are constantly being developed, and technology is always emerging in new ways. This opens up various possibilities for SMEs, as emerging tech can greatly improve their success in different areas.
In this quick guide, we’ll cover some of the main ways that tech trends are influencing the way SMEs operate.
Operational Efficiency
One of the biggest ways in which SMEs can use technology is to maximize efficiency. This can be a complete game-changer, as SMEs don’t always have the staff a ..read more
SME South Africa
3w ago
South Africa’s funding landscape poses challenges for SMEs. At Company Partners, we understand these difficulties. Since 2006, we’ve helped over 50,000 entrepreneurs contribute to the GDP. Now, we’re proud to offer solutions for an even bigger problem: Business Funding in South Africa.
SMEs contribute significantly to the country’s GDP (40% in 2020), yet only 34% of these businesses utilize formal financial products. Which in turn relates to a lack of business funding, due to not having their company compliance in place such as a business bank account.
The Problem of Business Funding ..read more
SME South Africa
3w ago
Are you eager to elevate your eCommerce game and reach new heights with your online store?
Look no further, because Insaka’s eCommerce Virtual Summit is here to help you do just that. And the best part? It won’t cost you a cent!
So if you’re a beginner in eCommerce or a seasoned pro looking to grow and scale your online business, then this digital event is not to be missed.
Your All-Access Pass to eCommerce Success
At Insaka’s upcoming Virtual Summit, we’ve tailored an experience that’s nothing short of extraordinary. This event is designed to empower both eCommerce novices and i ..read more
SME South Africa
1M ago
Going green is a major focus of many small businesses. However, it can often be quite an expensive undertaking.
So, how do you make your business more eco-friendly while still staying profitable?
With the right approach and planning, it’s completely possible. Here are some key steps and considerations to take to help you get this right.
Conduct a Sustainability Audit
If you want to make your small business as eco-friendly as possible, then the first step is to perform a thorough sustainability audit.
Assess your current business practices and identify any areas where sustainability improveme ..read more