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- Don't Lose Business Because of This
Don't Lose Business Because of This
If you stay Ready you never have to get Ready!'Afua Osei, an entrepreneur and co-founder of She Leads Africa, in a recent IG Live shared how she almost lost business because she did not have the proper systems in place in her business and as a result important tasks were not getting done. Eish. (We are big fans of Afua here, you can read our full interview with her HERE).
Let’s talk about business processes, shall we? COVID-19 was a major wake-up call for many business owners on the importance of running an organised, compliant business. Do YOU have your systems in place in your business? These are a collection of tasks that need to be done to accomplish a business goal - sales, marketing, finances, etc.
One of the easiest ways to start implementing processes in your business is to start documenting your existing business processes. The biggest benefit of taking the time to document and formulate your processes allows you to delegate and work on your business and not in it.
FIND OUT more about how you stand to benefit from running an organised business In this week’s newsletter:
- What you can do to get your house in order- We answer questions about how B2B Service Marketplaces Work- Looking for accounting software? Let us help you- It's still Tourism Month - we want your business stories
Stay safe and healthy.
Quote of the Week
“I’ve learned that a tourist will give you repeat business because of how you make them feel.” – Johanna MukokiREAD: Travel Queen Johanna Mukoki on Making it to the Top of the Tourism Industry
SEPTEMBER IS TOURISM MONTH -
Stand Up for Your Province!!!
See if your favourite small business made it. To help to revitalise the sector, SME South Africa has put together a list of 30 tourism SMEs - from amusement parks in the North West and adventure camping in Limpopo to Gauteng township experiences and bungee jumping in Mpumalanga.
CLICK HERE TO SEE THE FULL LIST**** We want to promote your Tourism Business *****We also want to help you Share YOUR TOURISM BUSINESS with our 80k readers & subscribers! Shoot a 30-second long video telling us about your tourism SME. You can DM the video to our Instagram page HERE or Facebook HERE.
NEW ON THE SITE
Crowdfunding is Growing in South Africa - We compare 3 of SA's most popular platforms
Crowdfunding platforms such as Feenix, Thundafund, Uprise Africa, Jumpstarter Crowdfunding and BackaBuddy report that they have all seen an increase in activity on their platforms since the announcement of the nationwide lockdown, according to African News. Backabuddy reported a 32% increase in the number of campaign submissions and a 72% increase in individual donations.
How Do B2B Service Marketplaces Work? We Answer Your Biggest FAQsOne of the easiest and most effective ways to boost your online presence is by listing your business in a B2B Service Marketplace. We share what online marketplaces are, how they work and how can they benefit your business.
READ MORE HERE ALSO, DON’T MISS THIS!!
Serious About Getting Your House in Order? Read THIS
1. Work on your mindset -
2. Stop making these mistakes 5 Reasons Your Business is Not Growing
3. Know what to measure -
4. Automate everything you can -
5. Get the right tools - Must-Have Small Business Software and Tech Tools
SME Solutions - Let Us Guide You On Your Next Tech Purchase
Accounting Software
All small businesses should be using cloud-based accounting software, but how do you find the right one and what should you look for? Look for the following:- Accounting capabilities- Expense management- Tax- Invoicing- Tracking of sales, expenses and profits.
Read our full review comparing Sage, Xero and Quickbooks SME Solutions – Accounting Software Review
DID YOU KNOW that you can get access to an Accounting Software Subscription for as little as R150pm?
SME South Africa Recommends - SAGE
Sage offers payroll and payment systems. A business can apply for an Accounting and Payroll Bundle for R3,000 per year.
As a business owner, you and your team can collaborate with your accountant and work on real-time data.
Sage offers bank-level security, which means that all your data is safe and secure.
Their app offers a simple interface with online support for you and your business.
**** Sign up for your Sage 30-Day Free Trial Here ****
The following post is sponsored by Vodalend.
How Vodalend Works
VodaLend’s model is simple. Specifically designed to offer a disruptive SME business-funding product, applicants apply online and have a response within four hours. The funding requirements are:- Your business is registered and operational for 12 months.- You have a good credit standing.- Your business has a turnover of R500k a year and R40k a month.
