Many entrepreneurs are wondering why they are struggling to raise funds, even though the have the perfect business plan – here are the reasons why you should trash your business plan. A Business Plan is Fiction Believe it or not, writing a business plan requires more imagination than factual elements. Putting a business plan together...
How many black businesses fell victim to the government, rest in peace black business. There is a heaven for BEE (Black Economic Empowerment). It would be a lie if I told you that I never thought of failure in business, if you are reading this as an entrepreneur: we are the last ones left. Thobile’s...
Why would any investor want to put their money at risk investing in the South African small business ecosystem? The numbers are undisputed. According to Fundera.com 20% of small businesses fail in their first year, 30% in their second year. 50% businesses will fail after 5 years and 70% within 10 years. The majority of...
