Entrepreneurship

Entrepreneurship

oBike launches global business partnership programme

2018 – The oBike

Cape Town – oBike, Singapore’s first homegrown smart station-less bike sharing operator, announced that it has hit a major milestone of 10 million trips globally.

To cope with the demand, oBike launched a franchise-like programme known as the Global Business Partnership Programme (GBPP), inviting interested parties to manage its on-ground operations and maintenance works as business partners.

Based on a revenue-share model, GBPP was established with the objective of harnessing the networks and resources of local businesses to better optimise oBike operations through timely deployment as well as redeployment and maintenance of the bikes. In return, these partners enjoy the support of oBike’s technology, backend systems and product support.

Since starting operations a year ago, oBike has grown to a presence in over 60 cities across 20 countries. Through GBPP, oBike hopes to create a more sustainable and scalable business model, while boosting business and employment opportunities in the respective […]

We visited the first Food Lover’s Eatery in Joburg, and found restaurant-grade takeaways available in 90 seconds flat

Thank you to Adila Tayob for sharing this article with us.

Phillip de Wet , Business Insider SA – Aug 24, 2018, 06:40 AM

Food Lover’s Market just opened its first Eatery store in Johannesburg, in the heart of Sandton, following success in Cape Town.
The choice of food it offers is downright silly – and that’s before you get to desert.
This is not the kind of restaurant you want to sit down at, but it should be deeply worrying fast-food restaurants that trade on speed rather than quality.

The Food Lover’s Market just launched its first Eatery store in Johannesburg, expanding its current Cape Town footprint of three stores. Between them the four outlets are already serving some 20,000 people per day, Food Lover’s tell us – and the way Sandton office workers swarmed through it, that number seems plausible.

We visited this new jewel in the company’s crown, in the horrible The […]

2018-10-22T11:55:59+00:00 Oct 22nd, 2018|2018 Case Study, Entrepreneurship, Recources, Syllabus Topics|

How to open a petrol station franchise in South Africa – and how much it costs

Thanks to Tamarin Vorster from Bishop Bavin who kindly shared this article with the Business Studies community via our platform

How to open a petrol station franchise in South Africa – and how much it costs

Staff Writer                                                            10 July 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

One of the more resilient industries capable of delivering healthy profits during times of slow national economic growth is the fuel retail industry, says James Noble, a business development manager at Absa Business Banking.
“The industry proved itself to be recession proof. This makes the sector a worthwhile consideration for people thinking of financial independence and wealth creation opportunities as well as existing business owners seeking to add to their growing business portfolio,” […]

2018-07-11T19:42:06+00:00 Jul 11th, 2018|2019 Case Study, Entrepreneurship, Recources, Syllabus Topics|

Tips for SMEs expanding into Africa

In light of Africa Day on the 25 May, more South African small and medium enterprise (SME) owners should be encouraged to look at how they could expand their operations into the rest of the continent.

This is according to Mark Paper, chief operating officer at Business Partners International, who says that Africa has for long been regarded as a region with untapped economic opportunity.

“The African Development Bank reports that the economic growth in Africa is set to accelerate to 4.1% over the course of 2018 and 2019, which can potentially yield benefits for SMEs.”

Click here to read the rest of the article … 

2018-06-08T17:15:07+00:00 Jun 8th, 2018|Entrepreneurship, Environments|

Previously disadvantaged face more tech start-up challenges

 Cape Town – While tech start-ups generally face the same common challenges as other small businesses, previously disadvantaged members of the tech ecosystem face additional challenges, according to Kerry Petrie, general manager at Silicon Cape, an initiative by local entrepreneurs focused on branding and promoting tech in Cape Town.
Commonly cited challenges for start-ups are usually access to markets, funding and governmental red tape. Previously disadvantaged individuals trying to enter the tech SME sphere face additional challenges like skills deficits, structural inequalities and very limited social capital.

“Many service providers are seeing the need to work with this sector. From the largest legal and financial firms in the country to small, localised consultants, there is value in developing business clients from early relationships,” explained Petrie.

Click here to read the rest of the […]

2018-06-08T17:13:47+00:00 Jun 8th, 2018|Entrepreneurship|

Entrepreneurs flock to Cape Town, Africa’s start-up capital

 Cape Town is the continent’s start-up capital, says Wesgro, the official tourism, trade and investment agency for Cape Town and the Western Cape.
James Milne, head of Wesgro’s investment promotion team, and Boitumelo Menyatswe, ecosystem manager at Silicon Cape, shared their insights with Fin24.

From across the globe, start-ups choose Cape Town for various reasons: lifestyle, community, access to funding, a culture of creativity, and available talent. The latter is due to many top tertiary institutions in the area.

Additionally, investors are drawn to the city, thanks to the range of quality start-ups, tax incentives and access to the rest of Africa.

 

Click here to read the rest of the article … 

2018-06-08T17:11:35+00:00 Jun 8th, 2018|Entrepreneurship|

15 Best Innovative Small Food Business ideas for 2018

What are the best food business ideas and opportunities to start in 2018? Are you interested in starting a business in the food industry? What opportunities exist in the food industry? If you want answers to the questions above, then i advice you read on.

If there is an industry that is unlikely to go down, it is probably the food industry. Regardless of the economic situation, weather or whatsoever, people must eat. People might stop buying clothes and jewelries but they will never stop eating.

Also, this is a business you can start in any locality or region; whether Nigeria, Canada, USA, U.K, Ghana, India, Singapore, etc. So if you are interested in starting a food business, below are some food business ideas to help you start or expand your existing food business.

15 Best Innovative Small Food Business ideas to Start in 2018

1. Become a food Producer

The food industry is highly dependent on […]

2018-05-20T17:35:34+00:00 May 20th, 2018|Entrepreneurship, Other|

How much it costs to open the 10 most popular fast food franchises in South Africa

Despite a weak economy and tough trading conditions, the franchising sector has continued to perform well – especially in the fast-food sector.

“Over the past few decades, business format franchising has become the most successful business model the world has ever known,” said Tony Da Fonseca, chairman of the Franchise Association of South Africa (FASA).

“Seeing that in this fast-moving world of ours, change is seen as the only constant, it is appropriate to ask whether franchising can maintain its momentum. My answer is a resounding yes.”

Survey results released by FASA in 2017 showed that the sector’s performance remains on an upward trend.

Click here to read the rest of the article …

2018-05-20T17:16:27+00:00 May 20th, 2018|Entrepreneurship, Finance, General management and CSR|

5 trends entrepreneurs can capitalise on this year in South Africa

On the back of such, starting a business from the ground is a major milestone that many people are thinking about in 2018. As a result, there is little faith that ordinary people and business alike can have a big impact on the robustness of the economy.

Their prospects to start a business will among others, close the unemployment gap, boost investment levels to the National Development Plan target of 30% of GDP.

Trudi Makhaya, consulting economist for Mercantile Bank highlights several main themes for entrepreneurs to look out for in 2018:


The Second Coming of the National Development Plan

In a speech outlining his vision of the economy last December (a New Deal for Jobs, Growth and Transformation), Cyril Ramaphosa outlined a […]

2018-05-18T17:38:40+00:00 May 18th, 2018|Entrepreneurship|