Entrepreneurship

Entrepreneurship

How to start a business in South Africa with R300

Financial services provider, FedGroup, says that with the use of technology (namely an app) and startup capital of R300, you can start a sideline business in South Africa.

“Those with an entrepreneurial spirit can expand their revenue streams and kick-start a side hustle by investing in Fedgroup’s Impact Farming,” the group said.

This crowd-farming initiative enables the asset owners to generate income from selected agricultural products and renewable energy.

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2019-07-06T17:17:46+02:00 Jul 6th, 2019|Entrepreneurship, Performance of the business|

Five reasons why South Africa has lost 83 000 businesses since 2007

The greatest struggle in South Africa is the arduous task of reigniting the jobs market. Youth unemployment is the highest in the world here and millions of citizens are effectively excluded from the realm of work. So the latest findings from the Enterprise Observatory of South Africa (EOSA) don’t make for a light read.

The researchers have concluded that, for a 10-year period between 2007 – 2017, the number of companies registered in South Africa took a nosedive. From having 222 532 tax-paying businesses in 2007, that latest figure now stands at 139 664 – a massive decline of almost 83 000 places of employment, equating to 37% of the market.

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2019-07-06T17:14:23+02:00 Jul 6th, 2019|Entrepreneurship|

6 of the Most Profitable Small Businesses in South Africa

When Grant Rushmere first envisioned Bos Ice Tea, he did it through the lens of creating a global brand. This wasn’t going to be a small local brand that would grow organically, and maybe enter international markets in the distant future. No. This was a brand engineered for stratospheric growth, which required a ballsy optimism and willingness to go big or go home.

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2019-07-06T17:12:37+02:00 Jul 6th, 2019|Entrepreneurship|

Human Intuition Is the Future of Innovation and Entrepreneurship

Many venture capitalists and technologists talk about artificial intelligence, big data and how everything from systems to objects are getting smarter. Devices talk to one another, and people are learning how to talk to devices. Google Home, Alexa and Siri are just a few examples of how spoken language can help automate our lives to get things done more quickly. Businesses are evolving, too. Objects gather information, software is developed to make decisions, and our virtual assistants make sure it all runs smoothly.

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2019-01-27T17:03:26+02:00 Jan 27th, 2019|Entrepreneurship, Human Capital|

9 Entrepreneurs Share Their Thoughts on the Future of Entrepreneurship

Every waking day, we are having tremendous changes in regulations and technology which greatly affects the way businesses operate. Some entrepreneurs will say the future is definitely bright but to others, some of these changes are meant to work against their expansion and business operations. Additionally, there’s growing empowerment and embracing of individuality which motivates more people to begin their entrepreneurship journey. But the big question, what’s the future of entrepreneurship?

We asked entrepreneurs their thoughts on the future of entrepreneurship and here’s what they had to say;

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2019-01-27T17:02:08+02:00 Jan 27th, 2019|Entrepreneurship|

20 Small Business Trends and Predictions for 2019

Another year is on its way out, offering entrepreneurs an opportunity to reflect on the past year, with all its peaks and valleys, and plan for the upcoming year with those lessons in mind. Of course, business operations don’t happen in a vacuum, and business trends are always changing. Whether the changes are in technology, marketing, finance or public policy, entrepreneurs need to be aware of all these external factors in addition to their internal operations.

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2019-01-27T17:00:15+02:00 Jan 27th, 2019|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+02:00 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+02:00 Jul 11th, 2018|2019 Case Study, Entrepreneurship, Recources, Syllabus Topics|