Sleep your way to success…
As they say “Early to bed, early to rise, makes a man (and woman), healthy, wealthy and wise.”
Entrepreneurship in a lunch hour …
Surprising Things 5 Entrepreneurs Do in Their Lunch Breaks
Foschini – a Mr Price competitor
With three black women in a board of eleven directors, The Foschini Group (TFG) comes across as a top performer on the BBBEE scales. It is not. The three black women on the TFG board are …
Theme 2016: Mr Price Group
According the IEB circular 100 dated 22 July 2015, the theme for Business Studies in 2016 is … Mr Price Group.
So vinnige inleiding tot die Mr Price Groep:
Verskillende afdelings waaruit die Mr Price Group bestaan.
- Mr Price klere is die grootste deel van die groep se omset: omtrent 57%. Hulle verkoop moderne, maar goedkoper klere vir die hele gesin.
- In 1986 het die groep Miladys oorgevat. Miladys vekoop moderne klere (spesifiek vir “ouer” vrouens) en is verantwoordelik vir omtrent 9% van die groep se omset
- In 1996 word Sheet Street deel van die groep en hier word gefokus op slaapkamer en badkamerbykomstighede. Sheet Street dra omtrent 9% by tot die groep se omset
- 1998 word Mr Price Home op die been gebring waar huishoudelike items vir die slaapkamer, badkamer en kombuis verkoop word, asook meubels. Mr Price Home dra omtrent 19% by tot die groep se omset.
- In 2007 kom Mr Price Sport nuut by. Baie “Maxed-produkte”, sportklere en sporttoerusting, gesondheidsprodukte, gimapparaat, tekkies en sonbrille word hier verkoop en dis […]
Success … what NOT to say (and think)!
If you want to become more successful as an entrepreneur or in your career, you can start by making a habit of talking and thinking more like the people you know or read about who are already successful.
Here are some phrases you’ll never hear a successful person say …
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Porters model: 5 + 1
DEFINITION of Porter’s ‘Six Forces Model’
A strategic business tool that helps businesses evaluate the competitiveness and attractiveness of a market. The six force model provides an industry-view and analyzes six key areas:
Competition – Information regarding present competition
New Entrants – Information regarding the ease with which new competition could enter the market
End Users/Buyers – Information regarding the buyers’ abilities to affect price
Suppliers – The number and type of sellers
Substitutes – The ease by which a product or service can be substituted
Complementary Products – The impact of related products and services already in the market
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SWOT and PESTLE
Reason to Use SWOT and PESTLE Analysis
by Neil Kokemuller, Demand Media
SWOT and PESTLE analyses cover a full range of internal and external strategic business considerations.
A main reason companies use both SWOT and PESTLE is because these tools offer broad and effective analyses of key areas of a strategic plan. SWOT is an acronym that stands for strengths, weaknesses, opportunities and threats. PESTLE has wider coverage of business and external issues, including political, economic, social, technological, legal and environmental factors. Small businesses can better compete by using these critical tools to assess opportunities and challenges.
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Investment
We’re all looking for an investment strategy that works consistently. Perhaps a valuation technique, a technical strategy, or a way to predict which funds will outperform.
While investors go to great lengths to create such cleverly named strategies as “Japanese cloud” formations and “economic surprise” indicators, no methodology seems to work all the time.
However, there is one strategy …
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The Fish and Chips Co
Taste reels in The Fish & Chip Co
Taste Holdings announced today that it has entered into a sale agreement with The Traditional Fish and Chips (Pty) Ltd to acquire from it, the approx 170 franchised outlet business of The Fish & Chip Co with effect from 1 February 2012.
The purchase price of R66m includes all assets of the business including stock, trade debtors, the distribution centre and any payments paid in advance to secure new stores still to be opened.
“The seller is warranting that there will be at least 195 stores on the takeover date” said Carlo Gonzaga, CEO Taste Holdings, “and gross profits of at least R2.4m per month. This will translate into annualised systemwide-sales in excess of R300m.
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