Pros and cons of having your own business
Entrepreneurship is the ability and willingness to start, manage, and grow a business while taking on financial risks to make a profit. While owning a business comes with many advantages—such … More
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How do I deal with stress and pressure?
Remember, You’re Not Alone… Starting your own business is exciting and empowering, but it also comes with significant stress and pressure. Entrepreneurs face financial risks, demanding customers, leadership challenges, and … More
Am I mature enough to run my own business?
Business maturity isn’t about age—it’s about qualities like emotional intelligence, responsibility, adaptability, patience, and a strong sense of purpose. These traits help entrepreneurs handle stress, navigate relationships, and stay committed … More
Is my personality suited to running my own business?
Starting your own business is exciting, but not everyone is naturally suited for it—though there’s no single “type” of person who can succeed. Successful entrepreneurs often share key traits like … More
Why do I want to start a small business?
Motivation is the driving force behind starting and maintaining a business, influenced by physical, emotional, and social factors. People start businesses for various reasons, such as financial necessity when jobs … More
Sources of finance
Small businesses in South Africa have multiple funding options, including government grants and loans, private investors, fintech lenders, and traditional banks. Key government agencies like SEDA, NYDA, and DTI offer … More
Funding your small business
This page offers a comprehensive overview of funding opportunities for small and medium-sized enterprises (SMEs) in South Africa, primarily focusing on government initiatives and agencies such as SEDFA, the NEF, the IDC, … More
Besides government funding, what other ways can I finance my start-up with limited personal capital?
Apart from government funding, entrepreneurs often employ “bootstrapping,” which involves self-funding through personal savings (if any), diligently reducing personal expenses to reinvest in the business, and carefully managing cash flow. … More
What types of non-repayable business grants are available in South Africa, and what do they typically support?
Several non-repayable business grant programmes exist in South Africa, often targeting specific sectors or demographics. Examples include the Agro-Processing Support Scheme (APSS) for businesses in food and beverage processing, the … More
Are there government funding options available for small businesses and start-ups in South Africa?
Yes, the South African government provides various funding instruments for small businesses and start-ups, including grants (which are often non-repayable), incentives, equity funding, and specialised loan schemes. These are typically … More