Leverage your size to their benefit: Help SMEs by giving them favourable terms on raw materials; allowing an SME to pay bulk prices for small quantities will help them compete against larger businesses. This is not a handout, but can prove to be a huge enabler for SMEs. Stick to specifics and pay on [...]
Enterprise development is defined as the act of investing time and capital in helping people establish, expand or improve businesses. Enterprise development helps people to earn a living; it helps them out of poverty; and it leads to long-term economic growth for themselves, their families and their communities. Not only is enterprise development one of [...]
Sasfin has launched ‘B\\Yond’ (Beyond), a digital banking platform built to enable entrepreneurs to grow their businesses. Through B\\YOND for Business, the group aims to fulfil the banking needs of its own SME clients as well as those of businesses “neglected” by their larger competitors. The platform aims to handle the most onerous financial admin [...]
Which of these customer service and delivery sins is your business guilty of? When contact is made with a business (mostly SMEs) via phone, it takes very long for someone to answer or it keeps on ringing. When messages are left for a call back, many are not returned. The same goes for website-driven or [...]
What a great year it could be for SMEs if they take the opportunities available! SMEs are the backbone of our country, and the R2.1 billion that has been allocated towards the funding of small businesses in the 2018 budget speech is testimony to this. Economic downgrades, VAT increases and general uncertainty about the future [...]
