Tag: SME

Few people realise that the largest source of business funding in South Africa is provided by private companies themselves. Businesses extend credit to their customers and obtain credit from their suppliers, usually in the form of short-term funding which lasts for 30 to 60 days per transaction.

The South African Institute of Chartered Accountants (SAICA) has for the past three years run a survey among small and medium enterprises, both to learn how SAICA members can better serve the sector, and to offer relevant research findings to policymakers in government seeking to stimulate small business development.

Every successful business owner will tell you that ‘cash flow is king’ and effective working capital management is essential for any successful business to survive, as it provides a business with the cash flow to fund its day-to-day operations. Working Capital can be funded by the business itself or by external funders.

Google announced that it has reached the 1 million milestone in its Digital Skills programme. On 16th April 2016, the company committed to training...

Despite an optimistic outlook for small and medium enterprises this year, experts have warned that entrepreneurs cannot afford simple mistakes if they are to get ahead in tough local conditions.

The global economy has become ever more complex and consequently, fragile and susceptible to financial and economic uncertainty. The 21st century has seen the fastest...

In 2017, South Africa is expected to spend $10.5 billion on information, technology and communications (ICT).

From a small and medium enterprises (SME) perspective, the current economic environment is more conducive to growth and opportunity than it was a year ago.

2016 was a tough year for many South Africans - and small businesses took a hard knock as the local economy experienced many challenges to...

As 2016 nears an end many begin to re-evaluate the year that was, both personally and professionally. As a result this is typically the...