Bridgement Blog
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The Bridgement blog offers tips, advice, news, and more on how to run, improve and grow your business.
Bridgement offers simple finance to small businesses across South Africa, enabling them to expand their operations, take on bigger projects, and bridge gaps in cash flow.
Bridgement Blog
15h ago
Whether your business is a humble start-up or nearing unicorn status, you will inevitably need financing at one point or another to achieve the next stage of your growth. If you want to take your business to the next level by purchasing new equipment, expanding your team, or even leasing new premises, here’s the inside ..read more
Bridgement Blog
3w ago
The beginning of March heralds the start of the new financial year for many. The SONA and budget speech have been delivered, the new tax year has begun, and everyone is starting on a clean slate. That makes this the perfect time to perform a little spring (autumn?) cleaning around your operating expenses, especially as ..read more
Bridgement Blog
3w ago
So far, the 2020s have proven to be an economic era defined by instability and uncertainty. This is why SMEs should aim for consistent rather than episodic growth, but it’s also why achieving the former can be so challenging. Fortunately, we’ve developed a four-point plan to guide growing businesses through developing a growth consistency plan ..read more
Bridgement Blog
1M ago
As entrepreneurs and finance professionals, staying abreast of the Budget Speech is of the utmost importance — especially when you’re considering factors like capital financing. But, if you didn’t have a moment to spare to listen to the full speech by Finance Minister Enoch Godongwana, we’ve got your back. Here’s our summary of the most ..read more
Bridgement Blog
1M ago
With the end of the 2024 financial year just past, it’s a time that small business owners tend to brush up on their tax acumen. The world of tax is complex, and diving in can feel precarious for the average entrepreneur. Fortunately, you don’t have to be a full-blown financial professional to get the most ..read more
Bridgement Blog
1M ago
Imagine you’re a small business owner sitting down at your laptop or scrolling through your smartphone, Googling funding solutions for your growing enterprise. You’re more than likely to encounter the term “unsecured business loans”. “Hmm,” you might think to yourself. “That doesn’t exactly sound like the kind of funding solution that gives a business owner ..read more
Bridgement Blog
3M ago
We’re at the start of a new year, which means it’s the perfect time to reevaluate your marketing efforts, carefully analyse what has been working and what hasn’t, and look for new ways to engage new clientele and expand your business. Unless, of course, you’re 100% content with repeating the same outcomes as last year ..read more
Bridgement Blog
3M ago
South African SMEs are faced with a challenging conundrum: to achieve powerful, long-term growth, businesses need high-value resources like quality talent. But quality assets require an investment of time and money, two resources that are in unrelenting demand in growing businesses. That’s why access to fast working capital is so crucial for small enterprises. Because ..read more
Bridgement Blog
4M ago
The importance of healthy, positive cash flow is not a revelation for most small business owners. At this size, ensuring a consistent and healthy inflow of cash to meet operating expenses (and growth opportunities!) is a primary goal. This is why it’s important to consider online SME lending and other cash flow risk management strategies ..read more
Bridgement Blog
4M ago
Good credit helps you get good credit — that’s a fact, although not one commonly shared with small business leaders. According to Fundera’s 2023 Small Business Lending Statistics and Trends report, 36% of SMEs were denied small business financing options because of their credit score. According to experts writing for Forbes, part of this can ..read more