Big business is to be asked to contribute 3% of their annual net profit to establish yet another fund for loans to small, medium and micro black enterprises – the fund will be managed by The National Empowerment Fund. Its not [...]
Archive for the ‘Entrepreneurship’ Category
Jobs Fund
June 8th, 2011
admin Finance minister Pravin Gordhan yesterday unveiled the Government’s jobs fund in parliament yesterday. The fund of R9 Billion will be administered by the Development Bank of South Africa and will operate by means of grants. The aim of the fund is to encourage business to invest in creating jobs , so depending on the profile [...]
When Is The Right Time To Sell Your Business?
March 9th, 2011
admin Selling one’s business is a serious and crucial financial decision any entrepreneur needs to seriously consider. It can be a devastating and traumatic experience for anyone to give up everything he has worked hard at.
Before deciding on selling your business you might want to consider what are the reasons for doing so and who [...]
Starting Your Own Business
October 29th, 2007
admin In recent times, retrenchments and downsizing by large corporations businesses has been on the increase. Coupled with Government demands for Employment Equity and BEE it becomes clear that working for a large a large corporation is not as secure as it once was. If you are a satisfactory employee, then you should [...]

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