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Tag: Small and Medium Enterprise (SME)
Despite its pivotal role in the 4th Industrial Revolution, the connectivity sphere is no different from any other business sector when it comes to profitability challenges. In the fast-moving and hyper-competitive economic environment of today, even the biggest players in ICT are under threat.
When Finance Minister Tito Mboweni gives his Budget Speech for the 2019/20 tax year next week (20 February), I hope to hear examples of how the government will work towards boosting South Africa’s ranking in The World Bank's annual 'Doing Business Report'. Given that India climbed 23 positions in this year’s ranking and that South Africa ranked 32nd just a decade ago, this goal is highly achievable.
Many small and medium enterprise (SME) owners grapple with the stress and strain of running a business. This was confirmed by the findings of the second quarter 2018 SME Confidence Index, which reveals that 76 percent of the SME owners surveyed say that the pressure of running their own business can sometimes be overwhelming and limit their potential.
EasyBiz QuickBooks, the authorised South African partner of global accounting software leaders, Intuit QuickBooks, is rebranding to align its identity with its vision for the future – providing the latest in technology and innovation to South African customers, partners and accountants.
Small and medium-sized enterprises (SMEs) are the real job creators that will turn our economy around. It is incredibly difficult to turn a business idea into a business, and a small business into a growing business.
According to recent research conducted by the Small Business Institute of South Africa, local small and medium enterprises (SMEs) are still economically fragile, with approximately 70% of emerging small businesses failing within the first two years of operation.