One of the oldest sayings in the business world is, “You have to spend money to make money”. This is easier said than done as business capital is often hard to come by. However, business owners are not without options.

Government and corporate funding are options which are often overlooked when starting a new business. Ranging from grants to incentives, there are various forms of financial support available to entrepreneurs, provided you know where to look and how to go about applying.

Due to access to finance being one of the biggest hurdles small businesses in South Africa face, the government has set up various forms of funding to assist in jumping that hurdle effectively.

New This Week (16 May 2023)

Top Black Women-owned Businesses In South Africa

Why Is Social Media Not Working?

What Is Business Interruption Insurance & Do You Need It

How Your Peers Could Help Build Your Business

Crowdfunding has become a buzzword among small business owners over the last few years, but even so, there is still a lot of misinformation and trepidation when it comes to the subject. 

In short, crowdfunding is when organisations or individuals fund their businesses with small donations from various people. These campaigns usually happen via internet platforms and have set time frames for when money can be raised as well as specific monetary goals.

There are four different types of crowdfunding: rewards, donations, debt and equity. Here is all you need to know on the subject.👇

Make Sure Your Business Loan Is Perfect For You

Do you need funding for your small business? Complete the form below and up to four companies who offer funding may submit quotes to you by emailing or calling you at the phone number provided.

How to Get a Business Loan to Open a Franchise

There are many options within the franchising industry, but the high “buy-in” often keeps entrepreneurs from going this route.

Franchising has many advantages, from tried and tested business models to solid brand awareness but potential franchise owners face the reality of high cost. This is especially true if you are looking into investing in some of the more well-established brands.

The good news is that prospective franchisees can apply for a variety of loans to cover their franchise costs.

Small Business Bounce Back Guide

Many businesses are still feeling the lingering effects of Covid19 pandemic. With this ebook, you get the tools and resources you need to plan your next move and build a ‘crisis-proof business’ including:

• The business compliance checklist

• Funding a business: How to get started

• Maximise your marketing efforts

• The money management guide

• Cash management tools