2024 Small Business Trends

January 18, 2022 • Estimated Reading Time: 3 minutes

Want to take advantage of this trend? Start HERE:

  • Grow your online presence and digital strategies. 

  • Understand the pain points of your customers.

  • Consider partnerships to enhance product/service offerings.

  • Make your business relevant to customers by adding value to their businesses.

  • Be prepared to go the extra mile.

More 2022 Trends ** Networking with other business owners and helping each other to get client referrals, learning from each other's experiences and fueling each other’s growth. ** Continued popularity of contactless card payments that don’t require PIN entry or touching of the POS device. ** Customised ads that use content preferences or location to help you reach your target customer. ** And lastly, travel is expected to continue to grow with most tourists choosing to support local small, independent stores and businesses with sustainability at their core. (Look back at Tourism Trends from 2021)

Online tools to kickstart your digital marketing strategies 

Have a productive week ahead!

NEW ON THE WEBSITE THIS WEEK: 

Funding Options For Small Businesses In South Africa (Bootstrapping, business loans, crowdfunding, grants, government funding, venture capital and angel investors) 

How to Qualify for a Business Loan in South Africa in 2022

Many factors determine if your business loan application will be successful and the type of business loan your business will qualify for, like time in business, financial health, credit score, and available collateral. Find out everything you need to know before applying for a business loan, including:

  • Why do business owners get refused funding 

  • Types of financing available to SMEs

  • How credit scores work

  • Why business compliance matters

  • All the documentation needed

  • How collateral works

*** READ THE FULL BUSINESS LOANS GUIDE***

NEED A BUSINESS LOAN? REQUEST A QUOTE: Find out what financing your business qualifies for